Originally Posted by Alan Mendelson View Post
Mickey, thanks for the payout table. So... you are making $100 bets and getting $20 back each time you lose. I'm still not sure how you come out ahead when you are losing $80 with each play on a negative expectation game, and given any reason to believe you will even hit one winning hand? However, if you do hit a winning hand the REBATE does not help you win, does it? Using the game you have shown us, REBATES don't make you win. It's hitting the winning hands that make you win. And THIS has been my point all along. REBATES don't make you win. You must hit the winning hands to win.
Yes, the 20% rebate would help you win, alot. In effect, the nothing hands make the payscale because you win a 5th of a bet when you make them. And you can see by the stats that you make a nothing hand 54% of the time. Take a look at the payback percentages for the royal, straight flush, 4 Aces and and Small Quads. It totals to about 6.2%. If you removed those hands from the payscale you would still be close to 103% payback. So in effect you would be at 103% just up though the Generic Quads which has a cycle of just 610 games.

I know this whole thing is just hypothetical but I sure would like to get a 20% rebate on all losing hands.