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I think bet 365 is coming in for some unfair flak here, as has been pointed out MOST bookmakers do this.
the simple fact is, just as you can decide wether to place or not place a bet, and how much or little you want to stake, the bookmaker has the same right.
heres an example, if you and a friend decided to have a friendly bet on let say tommorows weather and your friend worked for the meteroligcal office, would you not either refuse the bet, or at least play for reduced stakes ?
my only problem with bookmakers reducing stakes is when they are too quick to do so as an over-reaction to a winning punter. because regardless of the sporting event, someone has to win! e.g. 10 punters put on £2000 each on different horses in a 10 horse race, then regardless of the result someone has to win. but when this happens the bookies are far too quick reduce stakes for that winning punter.
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