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timbucktooth
01 May 12 12:03
Joined:
Date Joined: 04 Jul 05
| Topic/replies: 646 | Blogger: timbucktooth's blog
I have previously stayed well clear of the PC, but, after one decent win,  my account statement  says
   

Premium Charge reversal - first week notified    754.27 

Premium Charge for week commencing 16 Apr 12  (754.27)
   

Is this a mistake on their behalf? Is it a warning that I am on rhe verge of having to pay PC? If I don`t have any more decent wins, is this one winner rolled over with me still being liable to pay some of it in PC, or is it now `off the books`?

Any help appreciated.
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Report Lori May 1, 2012 12:04 PM BST
It seems you've paid £754 in PC but they've let you off because it's your first time.
Report Lori May 1, 2012 12:04 PM BST
If that's the case, you'll now be paying PC on most winning weeks and should familiarise yourself with the rules.

If you check the portal it will give your stats to date.
Report timbucktooth May 1, 2012 12:10 PM BST
Wow Lori, that was quick! Thanks. One more thing: My account summary says `current exposure -41.27. I have no currrent bets, so no current exposure, or is this PC related?
Report Lori May 1, 2012 12:12 PM BST
Not sure what that would be... possibly on a market like the premiership that's been partially settled?
Report timbucktooth May 1, 2012 12:18 PM BST
No, nothing like that outstanding. My ` available to bet` and my `available to withdraw` show a  41 pounds discrepancy
Report Lori May 1, 2012 12:23 PM BST
Not sure what that would be. Probably only Betfair can answer that as they'll have access to more info.
Report timbucktooth May 1, 2012 12:27 PM BST
As you say, I will have to master the complexities of the PC. Thanks again.
Report Rob_The_Bantam May 1, 2012 12:50 PM BST
Possibly retained commission, Tim.  Usually the case on partially settled markets.  Could be wrong, but this is the only time I've had the same issue.
Report bob.vegas May 2, 2012 2:30 AM BST
you pay PC on all your arb's Rob?
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