I heard that after a snooker player won £150,000 for scoring a 147 he took out some insurance in case anyone else also scored a 147 thus taking a 50% share in the prize, this did happen.
How would he have done that? What amounts of money would it require? At what point would this action be a bad move?

murphymole
Pro

Too much for me tonight I'm afraid will read it again tommorrow and see if it is any clearer (it's the wine you know)