Re: July 23rd meeting
FWIW, a cardroom manager who I won't name here in South Florida said that is indeed what the parimutuel board intends: if you lose your $100 buyin, you can't immediately buy back in. It's their way to limit people's losses and keep them from getting in over their head. What they want to do is to basically force people into a timeout after they lose their stack -- force you to leave the table while the game continues and at least have a cooling-off period. It's the same motivation as Missouri's forced loss limits.
The cardrooms, of course, are opposed to that.
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