I wonder over the years how many people have used that insurance plan? I never read about 1 player ever using it. Even though it sounds nice, its just a waste of time in my opinion. Does anyone know if a watchdog site ever paid players out of there own pocket before, if an advertiser went under?
It's irrelevant now, but I believe that the reporting requirements were instituted after the program paid out when AcesGold went down. When the books closes it's doors & bails, the insurer is left holding the ball-and needs to at least have an idea of what kind of balance the players really had in their accounts.
It's really a catch 22. Either you make the players provide proof of their balance to you on a weekly basis(which many thought was too much of a hassle), or you leave yourself wide open to every $0 balance account holder coming forward & claiming that they had over 1k in their account.
p.s. Nana, for trying to come across as a "newbie", you certainly do seem to know quite a bit about the forums, and also seem to have quite an agenda.
It's really a catch 22. Either you make the players provide proof of their balance to you on a weekly basis(which many thought was too much of a hassle), or you leave yourself wide open to every $0 balance account holder coming forward & claiming that they had over 1k in their account.
p.s. Nana, for trying to come across as a "newbie", you certainly do seem to know quite a bit about the forums, and also seem to have quite an agenda.
arty:
