Originally Posted by redietz View Post
Rebates in a scenario where you are guaranteed to lose before you activate the rebate can't make you whole. Rebates in a scenario where you are not guaranteed to lose before you activate the rebate can make you more than whole.

I don't know anywhere that forces you to lose before the rebate is active. As soon as you sign up for the slot card, the rebate potential exists.

As I said previously (if anyone was paying attention), I've done two of these where I made half the rebate amount upon playing initially, similar to what FAB did. I then stopped, similar to what FAB did. Nothing stops you from making that much or much more before the rebate kicks in. So what FAB and I reported can obviously be done. You don't have to collect the rebate for the ongoing presence of the rebate to be the reason you won. I wouldn't play lousy pay tables in the first place (like at Cosmo) if I didn't have the rebate backing me up. It flipped the advantage.

I'm really curious. Does anyone else reading this besides Alan not understand this?
I understand it perfectly and you made my point. You won because you hit winning hands. You did not win because of the rebate. Are we clear?

Rebates on losses do not make you win. Rebates on losses only soften the blow of the losses.