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i just posted this in the other thread...
if there are 99 £10 bettors and 1 £20,000 bettor, and he/she puts £20,000 on a horse at 10/1, and the bookmaker cuts the price to 6/1, is it fair that all the £10 punters have to take this price? if you limit the big staking bettor, then he has £20,000 at 10/1 and the £10 bettors can get their money on at 10/1 so everyone is happy.
i think if the bookmaker thinks the horse will win and they have liabilities on a certain horse then they should cut the odds, but if someone has lumped alot of money on it, i dont think the small time customers should have the reduced price.
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