Originally Posted by Alan Mendelson View Post
Mickeycrimm wrote this:

Yes loss rebates influence the amount of money lost. But how does the loss rebate affect the amount of money won on each wager? Does a loss rebate increase payoffs on wagers?

Are you going to call me a dumass or moron or idiot for pointing out your error?
It does increase the payoff on a wager if you’re sure they’re going to honor the rebate. Again, looking at it from a single bet standpoint, you put a million on the table, but you were never going to lose a million. You were only going to lose $800,000, so effectively, you’re betting a million to win a million, but you’re only risking $800,000 to win a million.

Admittedly, this assumes they would definitely make good on the rebate.