Most sportsbooks do eventually limit the bets sizes for consistent winners. But if word gets out, all you do is ban winning bettors and take on losing bettors. No one would want to play with you, and your business suffers. So it's a balancing act.
This is why the popular sportsbooks still allow big bets for reputation's sake.
This is why the popular sportsbooks still allow big bets for reputation's sake.