For years giving customers lower prices via rebates was a bad word. Now rebates are finally embraced for what they are - lower prices for bettors to increase handles and jump interest in playing racing.
In California today, the racing board voted down the rebate ban.
Earlier at the meeting, the racing board abolished a rule that banned racetracks from providing customers with rebates of bets.
A good first step. Now we need to make sure companies offering them offer them to anyone who seeks them out, from sea to shining sea. In a business who constantly raises their prices, thinking it will help them, this is big news indeed.