Topic: Could there possibly be gambling insurance? - page 6. (Read 805 times)
If it is about insurance, no insurance company will have that option. The reason is because gambling is highly risky and most people that are gambling are losing money (in a short time) than they are winning. I do not think there is any existing gambling insurance. No insurance company is foolish.
Others might like the idea, but I don't think I buy that gambling insurance idea. It's likely, basically, that you are given an agreed sum of money to a third party to hold for you, and you will still pay them a fee for such service. If, by any chance, you blow up all your life saving, the money you save with them as insurance will come to your rescue.
Instead of that, why not spend some of that money on getting yourself a real specialist in terms of gambling who will be checking your gambling activities on a regular basis and you will have to pay them to prevent you from getting addicted to the game instead of being paid back your own money for losing everything to gambling?
Instead of that, why not spend some of that money on getting yourself a real specialist in terms of gambling who will be checking your gambling activities on a regular basis and you will have to pay them to prevent you from getting addicted to the game instead of being paid back your own money for losing everything to gambling?
An insurance mechanism built for covering a huge loss. Maybe you incurred a losing bet say on a gambling trip with your buddies (group gambling insurance would be interesting too) or maybe purchased as a hedge against a bad habit for some addicted gamblers? I don’t think such a thing exists but if it did it would surely save you if you lost too much money or all of your money. Surely it would be much too expensive. I wonder if something like this is out there though or ever been discussed……
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