on their sportbook balances? In other words, as there ever been "State Farm" of the offshore world? I know it'd be tough to get going, but something to consider.
I know TOW, and Major, and RX have various different insurane plans, but they are limited to limits, and certain books.
What would the legalities be if someone was to attempt something like this. There could be a monthly premium determined on the risk of what books you want to insure and their balances. Just like insuring a car or what not.
I know this probably sounds a little far fetched, but has somethign like this ever been attempted to protect the player?
Grant it, something like that would probably be just as unregulated as the offshore world, and who's to say a book flops, and you go to collect the insurance money and they skip on you too.
BB
I know TOW, and Major, and RX have various different insurane plans, but they are limited to limits, and certain books.
What would the legalities be if someone was to attempt something like this. There could be a monthly premium determined on the risk of what books you want to insure and their balances. Just like insuring a car or what not.
I know this probably sounds a little far fetched, but has somethign like this ever been attempted to protect the player?
Grant it, something like that would probably be just as unregulated as the offshore world, and who's to say a book flops, and you go to collect the insurance money and they skip on you too.
BB
