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Old 03-25-2011, 06:01 AM
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Kasept Kasept is offline
Steve Byk
 
Join Date: May 2006
Location: Greenwich, NY
Posts: 44,076
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I had an Email exchange with Meadow about this after he copied me in on the letter he sent to XpressBet, Hegarty, CHRB, et al Wednesday. It led to the surprising element of the scenario that individual bet-takers are responsible for the minus distribution they bring to the pool. I don't think too many people were aware of that.

The letter that went out was an auto-generated response triggered by a cap amount on a minus pool. They aren't closing anyone's account over occasional incidents, but they make the logical point that they cannot on a regular basis 'lose' money if someone is specifically making large bets like this. They also have tried to open wider discussion within the industry that these situations would be better shared equally by everyone that is co-mingling.

It's an interesting business dilemma, and I suppose you could point to casinos excluding card counters from their tables as a similar scenario. The thought also occurs that it may be a little disingenious of whales, whose rebate shops would never let them do this regularly, to be surprised when approached about the practice by their ADW.

Anyway, Barry Meadow will be on with me next week to talk about this and other player concerns.
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