This story doesn’t discuss the key revenue generation aspect of the buyback: when you were finishing your second beer (a wise time to leave the bar), you’d convince yourself to have a third because the fourth would be free. And then you’d have more beyond the 4th! punchdrink.com/articles/whe...

Where Have All the Buybacks Gone?As buybacks, the system for free drinks at dive and neighborhood bars, go extinct, bartenders grapple with new ways to retain regulars.punchdrink.com