Cut to the chase: How bad does this hit you financially?

[Scuba Chuck]

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I think in the last year rakeback has accounted for about 10% of my profits. It won't affect me hugely.

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You either have the worst rakeback deal ever or are on a very serious heater

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I think you're fooling yourself. Let's say you average a 25% ROI. That means he's getting 2.5% in additional ROI from rakeback. Which makes a lot of sense.