Originally Posted by Dankyone View Post
Don Johnson made a fool of those who think loss rebates have no value. Lose $1 million, I only owe $800,000. Win $1 million, I’ll keep it all. Rinse and repeat. That was an extraordinarily EV+ play.
My understanding is that DJ never used the loss rebate...he had it, but never needed it.

If he never used the rebate, then how did it affect his results?