Quote:
Originally posted by Mutt@Nov 17 2002, 01:06 PM
i wonder how much an insurance company would charge for a policy on a contest that had say a 100,000 dollar prize for going 16-0.
i know there are companies that do this kind of contest insurance, i did a search and could only find a company that insures those hole in one contests you see at golf tournaments.
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Interesting question. It would depend on how many people were going to play.
If random and 220 people play (about the same as played this week at Oprano), it should happen about once every 20 seasons. I don't know how they would convert that into a premium. If the insurance company assumes certain individuals are better than 50/50 due to skill then they would assess the odds as even higher.
Last edited by Colin at Nov 18 2002, 05:23 AM