Losing money in games has always been frustrating, but Mobile Premier League (MPL) has come up with India’s first-ever multi-game loss protection initiative. Millions of people have now started playing games online, and MPL has provided a singular platform to play a variety of games for stakes and is one of the largest esports and mobile gaming platforms.
Founded in 2018 by Srinivas Kiran and Shubham Malhotra, there are over 60 games of different genres like fantasy sports, puzzles and casual games, which aims to provide everyone a chance to play the games they like.
By introducing a loss protection initiative, MPL has claimed to provide a hassle-free and tension-free gaming experience to all the players on their platform. It also claims to remove a little bit of financial security if people lose game after game and lets them enjoy what they are playing. Loss protection will be available during marquee gaming festivals and Diwali Lakhpati Party, the Diwali lakhpati party will be available from today till October 31.
Workings of the multi-game loss protection as per description by MPL :
The policy claims that after playing a minimum of 10 sessions of a game, the user can claim upto 100% of the amount of their net loss with specific thresholds. To activate this policy, users need to complete the KYC verification successfully and then the refund from the claim will be transferred to their MPL wallets. Currently, the policy covers top games like Poker, Ludo, Fantasy, Carrom, Block Puzzle, etc.
Namratha Swamy, Country Head – India, MPL, also commented that “At MPL, we are committed to always offering the best-in-class gaming experience to our users. We feel the Loss Protection policy is a great initiative that can foster safe and risk-free gameplay and is aligned with our player-first approach. With this, we hope our users can enjoy a great festive season and play their favorite games on the platform without having to worry about losing money”. During the launch of the loss protection initiative.