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Hi Kate,
Thanks for your reply. It has shed some light on the situation.
I must say I still am not fully convinced - seeing how you say you'll limit users who don't seem profitable for you.
It is the nature of the bookie's business (and I do know it's not easy) to make any user who's willing to wager their money profitable for them. Either through his losses, or through the losses of the bettors who picked the opposite outcome. Any bet makes it possible to offer a better price or a bigger bet to the other side.
Also, the same goes with laying a pick. Profiting as a bookie is different than when you're selling any other good, that is true - but the nature of refusing to sell it to me as a customer seems still pretty much the same.
Same cash, same pick, doesn't matter where it comes from. That same bet is in any case used as a way to expand the particular market (and adapt to the terms).
But regardless, thanks for your thoughts.
Eagle
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