Why would it be financial suicide for the casinos? What difference does it make if it’s commission off of my money as a player, or Joe Blow from down the streets money. The casinos are still getting their cut off of that player whether that player signed up under my affiliation or someone else’s affiliation. The only way the casinos would benefit is if the new player went directly to the casino website without going through any affiliates website at all. And how often does that happen? The way I look at it is why is it that the casino will pay me 25% of my neighbors deposits but not 25% of my deposits. What makes my neighbors money worth more than my own?
Referback does not carry over negatives. If you win $1000 one month, your affiliate account will be negative $250. If you lose that thousand back the next month, your affiliate account will be positive $250. Referback would be paying you $250 without making a dime for the casinos. That is why it is financial suicide.