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Thanks for nothing Betfair

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By:
PCisaripoff
When: 26 Mar 13 21:30
Lifetime Profile Markets  16534 
   
Gross PL £ 249,531.57 
   
Commission Generated £ 23,618.42 +
Other Charges £ 5.33 +
Premium Charges (exc. last week) £ 25,586.78 =
Total Charges £ 49,210.53 
   
Total Charges % 19.72 
Max possible Premium Charge £ 695.78
By:
helper18
When: 27 Mar 13 03:06
mr off- You may still have some life in your account.(Lifetime net profits*** exceed £250,000.***By ‘net profits’ we mean the amounts won less the amounts lost, on all Betfair markets, less all commission paid and Premium Charges debited.)
By:
PCisaripoff
When: 27 Mar 13 03:15
helper, you are aptly named.
You're saying i have approx 50k pounds profit before the leap up to 40-60% hits?

I appreciate the info but am already booked for an extended holiday. Will definitely be of help to know next time though. (if they are still charging this ridiculous monopolistic profits tax)
By:
helper18
When: 27 Mar 13 03:22
60k because you would be paying another 10k in pc. This is how i interpret betfairs rules but i could be wrong worth a phone call atleast.
By:
Josh-T
When: 27 Mar 13 11:17
Helper is spot on. At the moment you'only' have 200,321 in net profits PC. 50k + to go! And at the rate you're going you'll 'only' be headed for 40%.
By:
Joel
When: 27 Mar 13 11:47
You can postpone your holiday for 2 months Crazy
By:
PCisaripoff
When: 28 Mar 13 04:41
Very handy to know when i re enter the betfair markets at some stage in the future Cool
By:
logroller
When: 31 Mar 13 14:08
hey PC, no need to worry about all this craap going forward, the grape vine says the whole comm structure will change very shortly, maybe 4% comm all round regardless................except for aussie horse racing i would imagine
By:
Joel
When: 31 Mar 13 14:12
The one on April first?
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