breakage n.— «Most consumers will not miss the advantages that rebates promised. That is because only the most diligent and fastidious consumers took advantage of rebates. Retailers and manufacturers intentionally made the process of...
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...
rebate shop n.— «Laurel Vice President Jim Mango traced the bet to the island of St. Kitts, site of a suspected rebate shop.» —“Rebates Knock Betting Off Track” by Andrew Beyer Washington Post Feb. 1, 2001...
rebate shop n. a gambling broker which guarantees to return a percentage of every bet to a bettor. (source: Double-Tongued Dictionary)
rebate shop n.— «He bets through what are called rebate shops, which are off-shore, on Indian reservations or in states with fewer regulations. Rebate shops offer from 4 percent to 10 percent back on every dollar wagered—win or lose...