- Nov 11, 2008
- Reaction score
A book has to agree to take such a bet in the first place, which seems crazy?? Why would they essentially agree to just give away $11k.
Yeah, this happened and good for them. But seems crazy they'd even take it at all?
That specific bet? (ie, knowing that Jax had a damn good chance to win the game on paper)It's hard to believe they're taking $11.5 limits on live betting. Most places limits are much smaller than that on live betting. That said, he may have special limits, and if the guy is a known commodity, and has $1.4 million posted up in a cash account, you take that bet all day long.
That specific bet? (ie, knowing that Jax had a damn good chance to win the game on paper)
Or any bet like that?? If so, why?
Right, but it's like saying "you get to have a free $11k because you have $1M in your bank account". That's kinda how wealth works overall, anyway.
Doesn't the whale have to be Phil Mickelson? He checks a lot of boxes.That said, when you have a whale that plays with you, and loses, you accommodate them whenever possible. This bet was allegedly made at DraftKings, which is post up only, meaning the better actually has $1.4mm on deposit with them. That means...he's a whale, he's not a pro, and he's already lost a fortune to them. Letting someone lay 125-1 to win $11k is small potatoes if that player has lost millions to you already, and as you can see...there's no such thing as a sure thing.