Originally Posted by 
mickeycrimm
                    
                 
                If I read it right Johnson was getting a 20% loss rebate any day his loss amounted to $500,000 or more.  If you bet $100,000 a hand and lose five hands in a row you get $100,000 back.  Then you play another five hands for $100,000 and win them all.  You broke even on the hands won and lost.  You went 5 for 10.  But you would be ahead $100,000.