Comments by user: Nebs
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They don't want you to win.
It's the same here in England, you bet a few winners, you find a bet that you like, you go to place the bet....."Sorry, we don't want your bets". But Mr Mug, who is a long term loser, is next in line with exactly the same bet, and they take his bet. Because they know that if he wins then he will lose it all back again tomorrow. On the racecourses now, bookmakers (legal here) have to display a sign showing how much they will guarantee to take in a bet, maybe you could lobby for that idea. Even if it's only $20 it's a start.