Bad beat insurance

1. A system comprising:

one or more modules implemented by one or more processors. the one or more modules incorporated in a game networking system to specially configure the game networking system to:

before a portion of a game is played, determine that a player of the game has elected to be covered by bad beat insurance during the portion of the game;

after the portion of the game is completed, determine that the player has suffered a bad beat based on the player losing the portion of the game, the player being favored to win the portion of the game at a stage of the portion of the game, and an amount of virtual. currency that the player wagered at the stage of the portion of the game relative to a. bankroll of virtual currency that the player maintains with respect to the game; and

compensate the player at least partially for a loss that the player incurred as a consequence of suffering the bad beat, the compensating including crediting an account of the player of the game.

2. The method of claim 1 , wherein:

the game is a card game;

the portion of the game is a hand of the card game; and

the stage of the portion of the game is a dealing of a card of the hand of the card game.

3. The method of claim 2 , wherein the card of the hand of the card game is the card immediately preceding the last card to be dealt during the hand of the card game.

4. The method of claim 1 , wherein the bad beat insurance module is further configured to identify a position of the player in the game and base the determining that the player is favored to win the portion of the game on the position.

5. The method of claim 1 , wherein crediting of the an account of the player of the game is based on a payout amount associated with the bad beat insurance minus a payment amount associated with the bad beat insurance.

6. The method of claim 1 , wherein a payout amount associated with the bad beat insurance is a fixed amount that is independent of magnitude of the bad beat.

7. A method comprising:

before a portion of a game is played, determining that a player of the game has elected to be covered by bad beat insurance during the portion of the game;

after the portion of the game is completed, determining that the player has suffered a bad beat based on the player losing the portion of the game, the player being favored to win the portion of the game at a stage of the portion of the game, and an amount of virtual currency that the player wagered at the stage of the portion of the game relative to a bankroll of virtual currency that the player maintains with respect to the game; and

compensating the player at least partially for a loss that the player incurred as a consequence of suffering the bad beat, the compensating including crediting an account of the player of the game, one or more modules incorporated into a game networking system to specially-configure the game networking system to perform the compensating, the one or implemented by one or more processors of the game networking system.

8. The method of claim 7 , wherein:

the game is a card game;

the portion of the game is a hand of the card game; and

the stage of the portion of the game is a dealing of a card of the hand of the card game.

9. The method of claim 8 , wherein the card of the hand of the card game is the card immediately preceding the last card to be dealt during the hand of the card game.

10. The method of claim 7 , wherein the determining that the player is favored to win the portion of the game is based on a determination that a position of the player in the game is one of a percentage of most advantageous positions of the players in the game.

11. The method of claim 7 , wherein crediting of the account of the player of the game is based on a payout amount associated with the bad beat insurance minus a payment amount associated with the bad beat insurance.

12. The method of claim 7 , wherein a payout amount associated with the bad beat insurance is a fixed amount that is independent of a severity of the loss that the player incurred as the consequence of suffering the bad beat.

13. A non-transitory machine-readable storage medium storing a set of instructions that, when causes the one or more processors to perform operations comprising:

before a portion of a game is played, determining that a player of the game has elected to be covered by bad beat insurance during the portion of the game;

after the portion of the game is completed, determining that the player has suffered a bad beat based on the player losing the portion of the game, the player being favored to win the portion of the game at a stage of the portion of the game, and an amount of virtual currency that the player wagered at the stage of the portion of the game relative to a bankroll of virtual currency that the player maintains with respect to the game; and

compensating the player at least partially for a loss that the player incurred as a consequence of suffering the bad beat, the compensating including crediting an account of the player of the game.

14. The non-transitory machine-readable storage medium of claim 13 , wherein:

the game is a card game;

the portion of the game is a hand of the card game; and

the stage of the portion of the game is a dealing of a card of the hand of the card game.

15. The non-transitory machine-readable storage medium of claim 14 , wherein the card of the hand of the card game is the card immediately preceding the last card to be dealt during the hand of the card game.

16. The non-transitory machine-readable storage medium of claim 13 , wherein the determining that the player is favored to win the portion of the game is based on a determination that a position of the player in the game is one of a percentage of most advantageous positions of players in the game.

17. The non-transitory machine-readable storage medium of claim 13 , wherein crediting of the account of the player of the game is based on a payout amount associated with the bad beat insurance minus a payment amount associated with the bad beat insurance.