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Old 03-15-2019, 11:02 AM   #5
Half Smoke
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Join Date: Feb 2019
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Quote:
Originally Posted by highnote View Post
Shoving as much money through the windows as possible while getting a good rebate can boost your bottom line. Do you want to bet $100,000 per year and make a 5% profit after rebate -- $5,000. Or do you want to bet $200,000,000 per year and make 1% after rebate?


good point, except I won't play the overseas books offering rebates which is potentially illegal in the U.S.

too many stipulations and I don't trust them

I've personally had problems with them in the past and there are lots of stories out there

your experience may be more favorable

also, if you're betting gigantic sums as indicated you still would have to beat the public by somewhere about 12 -15% to have a profit - and throwing that much money out there, I don't think I could do that. the public is generally not stupid about their bets

Last edited by Half Smoke; 03-15-2019 at 11:05 AM.
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