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Originally Posted by Inner Dirt
Why would anyone allow $2.5 Mil to sit in an online gambling account?
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Mr. Wagner's wagering level probably required it. Several stories written about the case indicated he was betting over $130 million / year at the time, so that's in line with a normal churn rate of 7x.
Given he was also being rebated, it was probably closer to 10x in reality, but given the sheer volume he was betting it's not particularly shocking, unless the reports were inaccurate.
