I think the powers that be will fight rebates and takeout until they are out of business. I think the only ones who really think rebates are great is CDSN and NYRA although NYRA is stifled by regulation. Youbet is completely against it from what I've read. Magna, for a bunch of idiots that they are, saw the light and started this thing. Now, I don't know what is so wrong about rebates. Let's say theoritically that everyone joins a rebate shop, will it drive tracks out of business, I don't think so, the tracks can just raise their fees. I mean look at the insult that NYCOTB dealth to horseplayers last year when they refused to take Kee becuase the takeout was too low!!. I think unfortunately, JB is the first in line and sometimes pioneers don't make it on the first try but I think it is only a matter of time. In order to be successful, you must have written agreement, be under US laws and have a good customer service.
The casinos, supermarket, airlines, etc all give frequent customers a discount, why not tracks? I hope horseplayers continue to vote with their wallets and demand change or else it is not going to happen. I haven't played GP all year because I have to open a new account and I don't miss it one bit. I think I can play a track where I will get a rebate regardless of how small a track. You have to get your money's worth in this business or you will be bankrupt. This rebate story has just left the starting gate and still have over a mile left!!!