Is there any insurance service for gamblers to retain heavy losses....???

[ice098]

If an insurance company can come out a plan for compulsive gambler's loss I'm sure he will have a lot of clients because there are so many compulsive gamblers, but on second thought it will only motivate compulsive gamblers to gamble more, since he can still get back his money back because of the insurance.

The insurance may surely loaded with clients if ever this kind of gambling loses insurance happen. This might be the happiest life of gamblers and they may never feel wprried about their loses and they will definitely enjoy their game.

Insurance agencies will never touch something that will lose them their profit, yes they will not go for compulsive gambling as part of insurance because they will be losing the money because the player is always losing the money, it can still be possible to formulate such dangerous type of insurance though, the only problem is you need to be a persuasive one.

But sadly as we have thought always this might seem in the last list of the insurance company to consider. But we do hope that someday this might gonna happen and insurance company can consider this possibility because there is so much gambler now.

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[Fundamentals Of]

If an insurance company can come out a plan for compulsive gambler's loss I'm sure he will have a lot of clients because there are so many compulsive gamblers, but on second thought it will only motivate compulsive gamblers to gamble more, since he can still get back his money back because of the insurance.

The insurance may surely loaded with clients if ever this kind of gambling loses insurance happen. This might be the happiest life of gamblers and they may never feel wprried about their loses and they will definitely enjoy their game.

Which makes this specific kind of insurance a failed business in this case. If gamblers will gamble more often than ever because there is an insurance company which will pay them their losses if they ever get big enough, then the gamblers will definitely drain out the insurance's fund. It may happen that the insurance will pay bigger than what it actually receives from the gamblers' payment plus any additional income from investing these funds.

[Mauser]

Make a plan when you gamble. Using a limit on your own can also help. Some sites also have the option to set a limit when you play.
The problem with that is that you can then easily switch to another site and continue over there.

Having  a fixed stop loss limit is a good approach to gambling. I also like the new emergency button which is added to most casinos over the last few months. It's not really an insurance but if you lose big and want to take a break, it's the fastest way to look yourself out. And it prevents you from logging in again over the next 24 hrs. So you protect yourself from losing more.

[Fredomago]

Make a plan when you gamble. Using a limit on your own can also help. Some sites also have the option to set a limit when you play.
The problem with that is that you can then easily switch to another site and continue over there.

Having  a fixed stop loss limit is a good approach to gambling. I also like the new emergency button which is added to most casinos over the last few months. It's not really an insurance but if you lose big and want to take a break, it's the fastest way to look yourself out. And it prevents you from logging in again over the next 24 hrs. So you protect yourself from losing more.

Even How good features gambling site offers us yet it is our desire and self control that will dictate the outcome , gambling is not that bad the problem is our approach and treatment .
For a Long time gambler ,Realization is what they face that We will never win In gambling if we know nothing in How to manage our funds and winning.

If an insurance company can come out a plan for compulsive gambler's loss I'm sure he will have a lot of clients because there are so many compulsive gamblers, but on second thought it will only motivate compulsive gamblers to gamble more, since he can still get back his money back because of the insurance.

Or Maybe there are already existing ?we just don't have idea ,because this seems to be a Good business so why aren't starting to offer this.

[Lanatsa]

Make a plan when you gamble. Using a limit on your own can also help. Some sites also have the option to set a limit when you play.
The problem with that is that you can then easily switch to another site and continue over there.

Having  a fixed stop loss limit is a good approach to gambling. I also like the new emergency button which is added to most casinos over the last few months. It's not really an insurance but if you lose big and want to take a break, it's the fastest way to look yourself out. And it prevents you from logging in again over the next 24 hrs. So you protect yourself from losing more.

Not a guarantee that it will protect you on further losses. You might had been blocked on a site for 24 hours but to consider on how many gambling sites out there is
available for you to play? Registering does only need few clicks away and then youre good to go for you to play once again without needing to wait for a day to play again.

It all matters on self control and you can actually stop if you do really tend to so without having those buttons or whatsoever.If you do really play gambling
with have corresponding financial limit then you would really be aware towards your spending.

[Timelord2067]

It all matters on self control and you can actually stop if you do really tend to so without having those buttons or whatsoever.If you do really play gambling with have corresponding financial limit then you would really be aware towards your spending.

Like any gambling, you should give yourself a budget say $100 at a Casino and when the money's gone, that's when you walk away.  Similarly, if you've been playing for just ten minutes and win $500, you should also be prepared to walk away, even if it's just to the bar for an hour.

[maydna]

No one will care about what gamblers do except that person because he needs to realize that playing gambling all their time will not give them a big chance to win.

Do you really understand what your talking about? Insurance is business and Everything that will give them Profit is what they care, You should try to have a Good understanding before giving your opinion because this only proves one thing ,You know nothing about How business goes.

Insurance company is one of the biggest profit making business because this has need no big capital ,you only need to Collect and collect for the time being because they will only take their part once the time of their choice comes and mostly it will take long years.

Please don't cut my quote if you don't know anything and not understand what I am saying.

actually i find no funny in this mate,gambling has a tons of money involved so Why not provide insurance business? Who cares about what gamblers do ?who cares if they gambled all their time? the thing is this is business and what only matters is their payments and continues membership ,and also if they stop the dues? then business owner gain more because there is no refund in insurance like this.

No one will care about what gamblers do except that person because he needs to realize that playing gambling all their time will not give them a big chance to win. It is their responsibility to take care of their money. If the insurance business is used in the gambling industry, it will not be easy to give the gambler's money, especially if the gamblers use big money to gamble. After all, the gambling business owner will get big money from the gamblers, no matter if the insurance applies to the gambling industry.

I know the insurance company is one of the biggest profit businesses, but they need to have a big capital to create that business. How can they pay people who ask for the insurance if they don't have a big capital? It is not right that you only need to collect and collect your money from customers, but you must be on their side when they got the worst thing. Do the insurance company give the insurance money to their customers in a short time? While they ask for the insurance fee for their member monthly, and if their members are late paying the insurance fee, they need to pay a fine.

I am saying in the previous quote that the insurance company and the casino will not care about the gamblers because all they want is just taking more money from the gamblers. That makes the gamblers need to care about themselves and have a responsibility to take care of their money, not lose their money, and don't really need the insurance company to ask for a refund because of their loss.

It is their responsibility to take care of their money. If the insurance business is used in the gambling industry, it will not be easy to give the gambler's money, especially if the gamblers use big money to gamble.

and what are you saying that "Insurance Money use in gambling industry"? Gamblers need to Pay insurance directly in their Pocket and it is not the Industry of gambling will care for them.

I don't say "Insurance money used in the gambling industry". Please read carefully what I write.

Yes, gamblers need to pay insurance from their pocket to which I don't think many gamblers will agree with that because that means, they need to spend more money, playing gambling and pay the insurance fee. They will feel they don't have free will to manage their own money, although with or without insurance company integration can make them have an effort to manage their money.

After all, the gambling business owner will get big money from the gamblers, no matter if the insurance applies to the gambling industry.

It is not onlythe gambling owner can create a insurance business, it can be done by private people , they only need to approach gamblers to insured their names and pay the specific amount per month,quarterly,semi annually or annually depend on their terms.

what important here is that they will be insured for their future.

How they can be insured for their future while they are playing gambling and have a chance to lose their money? Is it because if they lose money, they will get their money back? That is not so fast because the insurance company will not pay the money to the gamblers easily. The insurance company will investigate why the gamblers can lose the money, especially if the gamblers lose the big money.

The whole point is the casino can integrate their business with the insurance business or create their own insurance business, but the gamblers can deny that plan, and they will try to search for the other casino which doesn't have the insurance.

This will have two sides, which is the gamblers who will use the insurance business and the gamblers who will not use the insurance business.

[yazher]

I never heard something like that when some site offers those things, I mean every player will get to that site and continue to play there. I think that's just a matter of assurance when you lost on your big bet and you will get some money for your loss. If that was the case then those people who play on that kind of platform will continue to play until they lose everything they have even the assurance they got from their heavy loss.

[Sithara007]

It is just ridiculous to even think that some insurance company would be willing to provide cover in case you gamble irresponsibly. Losses always happen during gambling. If you want to avoid "heavy gambling", then you need to stick to strict profit booking and stop-loss targets. Insurance companies can't help you in this matter and if you incur losses then it is up to you to deal with them.

[livingfree]

Make a plan when you gamble. Using a limit on your own can also help. Some sites also have the option to set a limit when you play.
The problem with that is that you can then easily switch to another site and continue over there.

Limiting is a must.

If you keep on switching from one to another, that's not a problem. A gambler is doing that if he's not satisfied with his game play on the certain casino he's playing.

The insurance is out of that but there's no such offer to avail, that's why that limiting is the manual method that a gambler can apply to avoid too many losses.

[Botnake]

Make a plan when you gamble. Using a limit on your own can also help. Some sites also have the option to set a limit when you play.
The problem with that is that you can then easily switch to another site and continue over there.

Limiting is a must.

If you keep on switching from one to another, that's not a problem. A gambler is doing that if he's not satisfied with his game play on the certain casino he's playing.

The insurance is out of that but there's no such offer to avail, that's why that limiting is the manual method that a gambler can apply to avoid too many losses.

If you know how to limit, means you are responsible, you don't need an insurance for that since insurance doesn't really exist in gambling, you know what exist, it's taxes, from players and the casino operators, so we don't need to hope for that.

[livingfree]

Make a plan when you gamble. Using a limit on your own can also help. Some sites also have the option to set a limit when you play.
The problem with that is that you can then easily switch to another site and continue over there.

Limiting is a must.

If you keep on switching from one to another, that's not a problem. A gambler is doing that if he's not satisfied with his game play on the certain casino he's playing.

The insurance is out of that but there's no such offer to avail, that's why that limiting is the manual method that a gambler can apply to avoid too many losses.

If you know how to limit, means you are responsible, you don't need an insurance for that since insurance doesn't really exist in gambling, you know what exist, it's taxes, from players and the casino operators, so we don't need to hope for that.

If there's an existing insurance, most gamblers would avail that even it will cost them money.

The control is where the difficult starts. But it's said, that harder to find if there's one that exists. And in that reason, controlling would be the safest option if someone wants to gamble with assurance of mitigating the losses.

[FaucetKING]

Insurance for betting is a dream that won't be achieved i think, betting means risk, it means losses for some parties and big wins for other ones. Basically, even if some foundation tries to establish such a service, it should be directly in touch with alot of bookmakers which is not likely to be happening.

[mezzaluna]

There is no insurance for this whatsoever, even in the real world no one will insure for a gambler. And for this service you are proposing, how will you calculate the premium and how many times will you pay for the loss. For someone who will patronise virtually all gambling sites, or who made losses on all the sites. How will you calculate the amount to indeminfy him or her. Insurance is not for business that is as risky as gambling because of its complicated status...

That is true, the thing about gambling is that the online scenarios that are made are just simulations of what could really happen in the physical world so it is still up to the users who will gamble on when to stop gambling. Its not the gambling websites fault if you will lose too much but partly they are accountable but its totally reliant on the gambler when they lose too much.

[acener]

I don't think that there would ever be such service it is like convincing people to be a gambler without a fear of losing.
If they couldn't control their own bets then they should stop gambling or they would justbe destroyed due to addiction.

[Mahanton]

I don't think that there would ever be such service it is like convincing people to be a gambler without a fear of losing.
If they couldn't control their own bets then they should stop gambling or they would justbe destroyed due to addiction.

They would be fucked up by gambling and it is indeed no service nor company will really built up something like this if they do saw that there would be lots of claims because
doing gambling is simply means that you would lost in long term and if people do knows that theyre insured then who would be the hell to stop into their gambling activity?
Its true on what you had said that if they cant just control theirselves towards gambling then its better to stop while its still early.
You wouldnt need any insurance or some sort because having your own self-control would be enough.

[johhnyUA]

I have been thinking of an insurance service for gamblers, in which they were supposed to pay regular premiums. And while placing bets can get back at least a small amount back if the lost amount is a huge one. Myself too haven't come across such services. What you people think of an insurance for gambling.

Ahahahahah 
The most stupid idea from everything what i've heard in this week!

Man, any gambling site and casinos has the house of edge (negative EV) and it's too addictive. This is 1st January and i'm a little drunk, but believe to me, your idea is reverse to what insurance company is. The prob to get ill or be robbed is too small, and on long term you will always win (if you're an insurance company) because in your business you have positive EV. And in your idea, you will have negative EV, so on a long term you will only lose your money,. 

Happy New Year to all jokers like you! 

[South Park]

If an insurance company can come out a plan for compulsive gambler's loss I'm sure he will have a lot of clients because there are so many compulsive gamblers, but on second thought it will only motivate compulsive gamblers to gamble more, since he can still get back his money back because of the insurance.

The number of clients is irrelevant what matters is how can you profit from them? Compulsive gamblers could be a source of income for paid rehab centres and things like that but for an insurance to try to protect a compulsive gambler from their losses is simply a losing proposition and something no sane company will ever consider to do, this is simply the dream of compulsive gamblers that want to gamble without any negative repercussions coming back to them.

[Becky666]

I don't think that there would ever be such service it is like convincing people to be a gambler without a fear of losing.
If they couldn't control their own bets then they should stop gambling or they would justbe destroyed due to addiction.

My sincere concerns toward this type of service if ever exist is, it will definitely help in the increase of gambling addicts to what we have had in the past. Gambling is all about luck and if a service decide to add insurance for gambler believe me they will definitely end their service on short-term. Such service will incur huge loose withing a short-period of time becasue everyone gambler out there will buy into their service to share their loos.

[Ryker1]

I don't think that there would ever be such service it is like convincing people to be a gambler without a fear of losing.
If they couldn't control their own bets then they should stop gambling or they would justbe destroyed due to addiction.

My sincere concerns toward this type of service if ever exist is, it will definitely help in the increase of gambling addicts to what we have had in the past. Gambling is all about luck and if a service decide to add insurance for gambler believe me they will definitely end their service on short-term. Such service will incur huge loose withing a short-period of time becasue everyone gambler out there will buy into their service to share their loos.

Well, I got your point.
Perhaps it will end up like that, the gambling addicts will increase because they feel that they have assurance from losses which on their mind, no matter if they had to lose as long there is a service that offers assurance to all gamblers that has massive losses. But is only an assumption, if we think it for how many times, --it is impossible to happen because gambling site does their business without any assurance to the users. Loses is the biggest problem of gamblers how to recover, that is why we always remind them just gamble of what you can afford.