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Originally Posted by Pillow Pants
There was big money behind this. I wouldn't be surprised to see the whole deal legalized and licenses being granted to a select few. What it really comes down to is lining the pockets of politicians. That's too much money for these guys to leave on the table.
Now the return of rebates? Dream on.
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What is it that made Pinnacle the ONLY sportsbook that race bettors acknowledge? Beats me. CRIS and TheGreek were doing big business before Pinnacle came along, and never showed the slightest sign of financial weakness during Pinnacle's reign at the top.
How can you call the "return of rebates" a dream when CRIS is and has been offering rebates that are better than Pinnacle's on exotics? Anyone who is savvy enough to have been using Pinnacle only needs to be a wee bit savvier to realize that 5Dimes's 10% payoff bonus is a better deal on win bets and exotics than a 7% rebate.
I'll miss Pinnacle's futures and matchups much more than the 7%. But it's not the end of the world.
--Dunbar