Quote:
Originally Posted by SG4
This is a shock to me on three levels from things I've heard about the future book at the Wynn - first off I thought they stopped taking future bets on unraced horses after having to eat some big losses (or coming dangerously close) in previous years due to similar situations. Second, I had a friend get some future bets in for me late last year & he told me that they could only lay a certain amount of risk on a horse at a time (I think it was 25k) before they had to lower the odds again. Lastly, if the racebook director says he got a call from a very respected horseman to make this bet, wouldn't that set off some red flags to maybe not lay such a large amount? Curious situation all around far as I'm concerned.
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There were extenuating circumstances at work here.
Whomever this horse player was, he had a direct line to Johnny Avello.
That says a lot right there.
Whether the mystery man is a huge race bettor and/or casino player,
Avello had to justify such a large liability for a minimal stake based on
the customer's business with the Wynn properties. There is no way your
average guy gets to make this bet. It's a fact of life - strictly a business decision.
