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Topic: Is there any insurance service for gamblers to retain heavy losses....??? - page 6. (Read 6882 times)

legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
This will favor casinos if there is insurance that will cover their losses.

Maybe they'll consider having this one as they'll also be compensated if service being offered.

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This will also encourage gamblers to fearlessly gamble.

That's the sad truth  as it will just make  the gamblers more fearless  to keep playing  and wager  a lots of money.

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But, if such insurance exists terms and conditions for an insurance claim for gambling losses will not be as easy at it seems.

It should be like that,  having  this service needs to more strict  in  implementing any rules that applies.

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This might lead more gamblers being addicted to gambling which may cause serious gambling problems.
 

It falls to this problem,  as it may encourage more gamblers to go more engaged with this activities.

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Insurances will not let people get their money out easily.

Maybe  portions of their  money but its not everything  at all, and strict rules needs to be made to avoid abused of the service.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!

You have quoted a banned account there is no chance he may reply lol.


I'm sorry I don't really know that the account has been banned I won't have quoted the comment or reply  to these, thanks for putting me through.
Not a thing Mate, it was a sarcastic Joke since the Forum is celebrating for that event ,as the Troll game protect is already banned and may lessen the trolling against gambling sites.

But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.
Even if you encourage them or not yet they will still gamble so why deny the privilege of them to have insured ?
and besides It's their life not ours ,we maybe concern about them but they don't even have concern for themselves ,So instead of being a burden for the government in future when they become retired .then let them have this insurance so at least when they are already Crying hard for their past mistakes in spending too much in gambling ,at least this insurance will remind them that they are not a total loser at all.
full member
Activity: 1708
Merit: 126
This will favor casinos if there is insurance that will cover their losses. This will also encourage gamblers to fearlessly gamble. But, if such insurance exists terms and conditions for an insurance claim for gambling losses will not be as easy at it seems. This might lead more gamblers being addicted to gambling which may cause serious gambling problems. Insurances will not let people get their money out easily.
legendary
Activity: 3458
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
I just read the news about a new system on GG poker for poker players. It's not a general casino but specialised into poker games. Most of us here on the forum like gambling and probably played poker before. The new system is called GGcare and is a likely coming out year. This new system is a kind of protection for bad beats and especially unlucky gamblers. It's kind of a separate jackpot for only the people who lose big time. It's not an explicit insurance but can still help recover losses.
Well that sounds really good and of course it will be a lot of enthusiasm among gamblers, but I wonder if that applies to all players because I realize every gambler will have his limits on the financial side of bets. So, is it possible for a gambler who only spends a little money but in fact he always loses and is still in the system that will get the insurance referred to, or maybe only applies to high-end gamblers, that's interesting.
full member
Activity: 2002
Merit: 175
★Bitvest.io★ Play Plinko or Invest!

I don't think it was encouraging and attracts non-gamblers to go gambling because these people never think this thing. In real life, people come into gambling because they want to win, not being insured, and getting back their losses.
Indeed ,gamblers need Help to Control their activities and not to Consent them on doing addictive days because f having this insurances .
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Well, I would like to see if there is a site that did this thing consistently.
TBH, this kind of service will be good but to wonder why we never saw this is probably due to the fact that they are not true to their promises and the site itself never profiting.
if you are saying gambling sites that offers this then surely they won't have this ,but the rakeback is their way of giving insurance ,because they knew that gamblers will just use it all over again to bet.
full member
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
Why not Give this a chance? is there anyone who knows something related to this? My Uncle is a Heavy gambler and since he is still single and not getting any younger i want Him to have this insurance if there's any.

Gamblers Needs assistance because many of them are just being blinded of the Greed input to their mind because this was being thought to them of gambling or gamblers that encourage them to learn this,so they have no long views of the effect but what they know is the present .
hero member
Activity: 2786
Merit: 646
But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.
Correct!

When you do gamble then its a self-made  decision on which if there would be some sort of insurance then that wont really be an advantage for any insurance company
yet we know on hows the condition when it comes to people on ruining their lives plus on having lots of losses.

If this kind of insurance does exist then I cant imagine on how many people would be claiming out considering on how many is being wrecked by gambling.

At this will caused a major at loss for the company since it's easy to lose on gambling and for sure the money will always flow outside in their company if they will open a insurance plan like this. And I don't think there's something like that will happen or open up since this insurance in gambling is not totally profitable to any company.
This isn't some sort of car insurance or health insurance where only a few or seldom accidents or deaths do happen.It would really be indeed like a faucet
where those money will be flowing out and will really be a big expense to them or wont really be realistic at all or the worst they would pay up more than
on the amount that they had accumulated into those who do pay up for insurance.
They wont really be making one because its just like on trying to hit their heads with a rock. hahaha
legendary
Activity: 2758
Merit: 1228
But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.
Correct!

When you do gamble then its a self-made  decision on which if there would be some sort of insurance then that wont really be an advantage for any insurance company
yet we know on hows the condition when it comes to people on ruining their lives plus on having lots of losses.

If this kind of insurance does exist then I cant imagine on how many people would be claiming out considering on how many is being wrecked by gambling.

At this will caused a major at loss for the company since it's easy to lose on gambling and for sure the money will always flow outside in their company if they will open a insurance plan like this. And I don't think there's something like that will happen or open up since this insurance in gambling is not totally profitable to any company.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
I am not aware about any insurance service to retain heavy losses, but there is at least some kind of insurance service if you were defrauded or your account balance embezzled, frozen, etc.. And this either cost free or for a low premium. Wink
The problem is how legitimate is the insurance service because hoping or keeping trust on them to retrieve lost or embezzled funds I don't really think is hundred percent sure to relay on them, the best option is not to get lost of anything, because I think we have possible ways to prevent getting lost of things that are important, irrespective is gambling their is ways of gaining.
You have quoted a banned account there is no chance he may reply lol.



But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.
I'm sorry I don't really know that the account has been banned I won't have quoted the comment or reply  to these, thanks for putting me through.
hero member
Activity: 1694
Merit: 516
I just read the news about a new system on GG poker for poker players. It's not a general casino but specialised into poker games. Most of us here on the forum like gambling and probably played poker before. The new system is called GGcare and is a likely coming out year. This new system is a kind of protection for bad beats and especially unlucky gamblers. It's kind of a separate jackpot for only the people who lose big time. It's not an explicit insurance but can still help recover losses.
hero member
Activity: 2786
Merit: 646
But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.
Correct!

When you do gamble then its a self-made  decision on which if there would be some sort of insurance then that wont really be an advantage for any insurance company
yet we know on hows the condition when it comes to people on ruining their lives plus on having lots of losses.

If this kind of insurance does exist then I cant imagine on how many people would be claiming out considering on how many is being wrecked by gambling.
full member
Activity: 574
Merit: 125
I don't know any gambling site that has the insurance for being lost and I don't think that there is a gambling website that will do the thing because the only intention of them is to gain profit and don't care too mu h for their customer but you know what I just realized that this is a good feature of a gambling website that they may open, for sure if there is a. site that may offer that thing then a lot of gamblers will play on it and they will get a lot of customers, more players then more income.
hero member
Activity: 1470
Merit: 546
Be nice!
But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.
Isn't that what every gambling site wanted for their users to come back for more even with big loses and with this service where every gamblers will have more and more confidence gambling due to the fact that they have insurance even if they lose.
Anyway, it won't be this service that will be the cause if they ruin their life rather it's their choice that they get greedy with gambling. With this service, it will help every gambler to at least have some money left even after losing and it will their own decision wherever they want to use it.
sr. member
Activity: 2800
Merit: 344
when lambo...
But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.
I don't think it was encouraging and attracts non-gamblers to go gambling because these people never think this thing. In real life, people come into gambling because they want to win, not being insured, and getting back their losses.

Well, I would like to see if there is a site that did this thing consistently.
TBH, this kind of service will be good but to wonder why we never saw this is probably due to the fact that they are not true to their promises and the site itself never profiting.
sr. member
Activity: 2310
Merit: 366
I haven't heard of one either. And I think that one could hardly be offered by insurance providers because that is too risky. Gamblers are losing more often than winning. The high rollers or VIP gamblers, who are probably the ones that will take advantage of such insurance product, are definitely losing a lot of money all the time so that would result to a lot of payouts from the insurance companies. They might end up bankrupt if they get into this kind of very risky kind of insurance business.
But sounds worth having one right?specially to gamblers that has no much family left,insurance will save them in their darkest days when the effect of too much spending from gambling comes..
Or maybe there are something like this but not familiar in this forum and from us also.because i believe that all kind of business and offering has been done by humans noawadays.

This is indeed worth having if you are a chronic gambler. Gambling is designed for the gamblers to lose and for the gambling operators to win, so a gambling insurance sounds well needed.

But this does not sound a good kind of business for me that's why I won't be wondering if an insurance such as this does not actually exist in reality. All kinds of business exist nowadays but this specific insurance seems not a business for me. It might as well just be a charity for those who became poor due to unmoderated gambling.
hero member
Activity: 2352
Merit: 593
But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.

It's just encouraging more gamblers and even non-gamblers to gamble. Someone can get addicted and ruin their life without hesitating to gamble just because they are insured. Gambling is voluntary so it's not anyone's fault if they ruin their life because of this.
hero member
Activity: 2912
Merit: 556
~snip~

I agree that the system is as good as any given by the gambling platforms, if we gamble of course we will end up losing money. Because gambling platforms were created to get profit from losing users, so if we are guaranteed by giving items if we experience defeat, does not mean that these items will be able to replace all the money lost when you experience defeat. So I agree with you to be careful when spending money when playing gambling is important, we are also obliged to limit ourselves when playing gambling. We must know when to stop playing gambling.

The casino's profit from the gamblers will become bigger if the gamblers don't realize how to stop playing gambling or how to manage their money, and the loss itself will become bigger in the long term. Perhaps, the gamblers think that when they lose the money and get an item to replace all the money lost, that is worth it for them because that can be something they brought to their home.

If we talk about gambling insurance, I wonder how the company will guarantee the gamblers to get their insurance losses. If the gamblers lose the money in gambling, it will be a bigger loss, and I wonder how the insurance company will repay the losing money.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
I am not aware about any insurance service to retain heavy losses, but there is at least some kind of insurance service if you were defrauded or your account balance embezzled, frozen, etc.. And this either cost free or for a low premium. Wink
The problem is how legitimate is the insurance service because hoping or keeping trust on them to retrieve lost or embezzled funds I don't really think is hundred percent sure to relay on them, the best option is not to get lost of anything, because I think we have possible ways to prevent getting lost of things that are important, irrespective is gambling their is ways of gaining.
You have quoted a banned account there is no chance he may reply lol.



But yeah why seems no one is offering this? Is there no good returns if insurance for gamblers may be  opened ?

I thinks this is worth investing ,because all they do is spending and not thinking for what tomorrow may bring.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
I am not aware about any insurance service to retain heavy losses, but there is at least some kind of insurance service if you were defrauded or your account balance embezzled, frozen, etc.. And this either cost free or for a low premium. Wink
The problem is how legitimate is the insurance service because hoping or keeping trust on them to retrieve lost or embezzled funds I don't really think is hundred percent sure to relay on them, the best option is not to get lost of anything, because I think we have possible ways to prevent getting lost of things that are important, irrespective is gambling their is ways of gaining.
legendary
Activity: 3094
Merit: 1127
I haven't heard of one either. And I think that one could hardly be offered by insurance providers because that is too risky. Gamblers are losing more often than winning. The high rollers or VIP gamblers, who are probably the ones that will take advantage of such insurance product, are definitely losing a lot of money all the time so that would result to a lot of payouts from the insurance companies. They might end up bankrupt if they get into this kind of very risky kind of insurance business.
But sounds worth having one right?specially to gamblers that has no much family left,insurance will save them in their darkest days when the effect of too much spending from gambling comes..
Or maybe there are something like this but not familiar in this forum and from us also.because i believe that all kind of business and offering has been done by humans noawadays.
This isnt something that you can make out some claims or do connects with health or any accident insurances but particularly talking about some partial amount to be given back when a gambler do lost.
So its just too dumb if you do consider to compare it out to some regular insurances that we've known which doesnt really fit out into the criteria.No insurances or business will be built into the
field of gambling because that would really be a suicide if they do that knowing that gambling is always on the side of losing for those players which means claims will be active.
Would it be sustainable? A big NO!
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