Not sure if this is legal, but could a sportsbetting affiliate offer "rakeback" to their users, such as giving them a percentage of their bets back if they lose?
Is this a good idea? I see no reason (other than legal) why the whole concept of rakeback i.e. affiliate cutting their profits to give users more money, coudln't spread into other markets with the same success. Even bingo for example.
In sum though, can/should I do this on my betting site?