Legal and risk warning
The statement every desk in this series carries, in full, in the same place. It is deliberately long and deliberately plain: this site explains a mechanism and does not advise anybody.
- Age
- 18+ only
- Funding
- one sponsored partner link, disclosed above the first paragraph
- Advice
- none - not legal, financial, insurance or gambling advice
- Disputes
- none handled: this site has seen no reader’s documents
What this site is
The Cover Slip is an explanatory website. It describes, in general terms, how the risk behind a promoted gambling prize is carried or moved: the peril, the retention, the premium, the limits, the claim and the two clocks a claim runs on. It is written for adults who want to understand the machinery rather than be told what to play.
Every figure on the site is illustrative. The promotion, the golf day, the insurer’s book and the funded meter are invented samples, defined on the overview page, and every number on the site is derived from them. No real company’s promotion, cover, premium, retention, limit or claim is quoted or described anywhere on this site.
What this site is not
- It is not legal, financial, insurance, tax or gambling advice, and it is not advice about any live promotion or any live dispute.
- It is not a review, a ranking or a recommendation of any operator, insurer, broker or promotion. No operator is named or rated anywhere on this site.
- It is not a statement about any real team, league, season, tournament or offer.
- It does not describe any system, method or technique for improving a chance of winning anything.
How this site is funded
The site carries one sponsored partner link, in the header of every page and in the bands beside the copy. It is marked with rel="sponsored noopener", it opens in a new tab, and this site may be paid a share if a reader opens an account through it, at no extra cost to the reader. That is the whole of the commercial arrangement. The band beneath the header of every page states it above the first paragraph, so a reader knows how the desk is paid before reading it.
Age, and staying in control
This site is for adults only. If you are under 18, or under the legal age for gambling where you live, this site is not for you.
Gambling carries a real risk of loss, including the loss of money you need and the harm that follows it. Every gambling product is built with a margin in the operator’s favour, so the expected result of play over time is a loss. Never stake money you cannot afford to lose, never borrow to gamble, and never chase a loss. Deposit limits, loss limits, session reminders, time-outs and self-exclusion are the controls that actually bind a gambling account, and they are set with the operator and enforced by it. If gambling has stopped being entertainment for you or someone close to you, free and confidential support and advice are available in most countries.
A promoted prize is a promise, and a promise is not a reason to play. Nothing on this page, and nothing on this site, should be read as suggesting that any promotion improves the expected result of gambling, which is a loss over time.
The eight checks, as a reminder
Name the promoter. Confirm the shape and currency of the prize. Write down the act that must happen. Find who certifies that it happened. Diarise the claim window. Note the route to claim and keep a dated copy of the promotion as published. Read the variation clause. Ask what happens if the promoter stops trading. A prize is an unsecured promise and there is no fund held for winners.