rebate shop
n.— «Rebate shops have no such overhead to cover and give most of it back to their customers. Typically, that amounts to between 3 and 12 per cent of the amounts bet, even as high as 18 per cent on some exotic bets.» —“Complex betting world” by Chris Young Toronto Star (Can.) Apr. 17, 2004. (source: Double-Tongued Dictionary)
Further reading
When a teenager went a week without talking as part of a school project, he noticed a surprising side effect: Instead of rehearsing a response to what other people were saying to him, he was focused on listening — and feeling smarter as a result...
If you take up texting and social media late in life, there’s a lot to learn! A twenty-something wants advice getting her dad up to speed on memes, Instagram, and animated images. Plus, when you’re on a long road trip, what do you call...