If someone signs a waiver regarding equine activities on my property and they release me from liability, can they still sue?

Question Details:

I am trying to have a "playday" at my ranch but I don't have insurance. I was told that even if contestants and their families sign a release of liability they can still hold me responsible for personal injury and property damage. Is there a way to have them sign a waiver releasing me of all liability without getting insurance to cover this playday?

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to AttorneyPages.com and retain an attorney to represent you.