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As he alluded to in the article, the bookies were not prepared for the large sum of money that he wanted to wager - in total. These sort of prop bets typically
by TheBiv 12y ago
As he alluded to in the article, the bookies were not prepared for the large sum of money that he wanted to wager - in total. These sort of prop bets typically don't allow for such a larger amount to be wagered.
- at-fates-hands 12y agoNot sure if he knew or not, but with so much juice on a "no" vote, he would've single handily moved the numbers too much in his favor. The art of being a good bookie is making sure you have action on both sides of a bet - that way you never lose. By taking that much heat on an obscure bet would cause a lot of people to either move all of their money to one side, or everybody would be spooked and cancel all their bets. If the bookie were to take that bet like he wanted to, it would have put him out of business either way.