you know what
they accepted 7 deposits and cried foul when the guy hits a game
this whole steam bs is just that - what happens when you bet and it loses ? do they issue you a refund for those bets
if you want to be a recreational book and maintain the right to boot players say ok my maximum bet is 100 and thats all the risk we will take with you
dont spout off saying we will take 10,000 50,000 or 100,000 in action because they only way they will accept the bet is if you hit them outside of the market where they can hedge it for a profit. if the market moves they will just close your account.
all the publicly traded company stuff makes it even worse. if the market really knew how these people treated clients - do you really believe hedge funds and mum and dads would invest with them ?
you gotta be kidding me the stock would get killed.