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1-16-2009 @ 9:58AM
And the money that you get back from this site can be used to pay for more gametime, the guy even said they can return the money in the form of gametime credit.Although yes, i agree with you it's not exactly the same. You can just take the money from this and do as you will, the whole way the scheme works is structured in the same way as insurance. My point wasn't "this is insurance not gambling" because the two work in similar ways, this sites idea does bare a massive resemblance to the way insurance works.That also brings up an interesting point, since it is fundementally gambling, are they bound by the same legal framework? Obviously inline gambling has different laws to casinos etc, but does this site have to follow the same guidelines as online poker sites? and if it doesn't right now, should it?
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