So you're telling me that if the bettor places 50 different $1,000 bets, that you receive 10% of $50,000, no matter whether the bets win or lose ??
There must be a mistake, or someone's trying to screw someone, because the book's average hold is only 4 or 5% of the volume (for some books, it's a lot less).
Unless you're referring BeanTownJim
, I can't believe someone is paying that much.