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Thanks for nothing Betfair
Thanks for nothing Betfair
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Replies: 448
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is anyone paying the turnover charge yet ????
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twice - but wont happen again
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how much did you have 2 pay ?
thanks. |
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PC - you might have said earlier on the thread but I won't look - do you bet or trade???
Happy to swap if you want - I'll sit here and win $5k per week and pay the PC - you do my job and clear less than a third of that working 5 days per week  |
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womble, i can't say exactly how i play but 95% of the time i'm laying. I do trade but only when it's too good to refuse.
Hey, i'm here & copping the 20%. But Betfair started as a low cost operator, that's how they got their customer base. Even before the race fields decision they decided to introuce PC as a money grab. It's their way of saying 'we aren't a very bright company & are struggling to grow our business, we'll just behave like banks & rip off our existing customer base'. I love Betfair, they know it, they know at the moment i can't do what i do anywhere else. That's why they pillage my account most weeks, why do they pretend it's anything else? The day i started this thread i got the email/call from a Premium customer service rep telling me how i was an important customer & would be treated as such. Give me a ticket to the Cricket once a year or something.  If i was taking thousands of dollars a month out of a customers account after he'd paid his share of charges just like everyone else. I don't think i'd call/email & say how important he/she is & how i was going to look after him/her. Anyway, to all the people that complain about the thread, watch out. They'll find a way to take more from everyone as time goes on. That's what they do. & in about July next year i don't think this account will exist anyhow so you'll have to pit up with me until then. 20% isn't great but 40-60% they won't be getting me then  |
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all good PC, keep on winning and fighting the good fight
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Had to pay turnover charge for the first time...I miscounted...not only did they deduct the money but i got a lecture on how the way I operate costs them money,accompanied by a veiled threat....True story
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I paid it twice, I find it's easier to not answer the phone rather than receive a lecture.
How do you operate?? |
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Joel, i been using same tactic doing the same cos i would just lose it with them.
However they rang on my landline & caught me out but thankfully it was just to say they had some concert tickets for me. |
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Interesting Whoopi, you have stated previously that you bet on very few races and basically only lay horses when questioned about being a race to race gambler. Guess that was just a convenient argument at the time?
Credibility dipping |
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Which concert?
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Elton last week
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Sorry Joel he might be bit old for you. i'm referring to Elton john. he had a lot of hits in 70s & 80s. You might know his music best from the theme song to Lion King
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He's gay, yeah?
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110% correct there
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good to know you're one of my many disciples Mr. Driver. What you wrote is correct, however I do supplement my income with in running activities. That's where I tripped up.
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Seems to me you may have tripped up with a little story telling about how you gamble ........ but each to their own
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Looking forward to seeing todays report from Mr Off...my report says that the Max possible Premium Charge is actually more than I made for the week
 Maybe they are increasing it to 150% |
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150% plus a stern lecture is my mail.
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And don't forget that next Tuesday is now a Betfair holiday for us second class Aussies.
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Still telling stories Whoopi? Seems you are after all one of those diseased race to race gamblers, even though you quite aggresively tried to deny it on one of your previous self serving rants
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poor fishing here. Try another pond
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No surprise you don't want to discuss. Exposed as a diseased gambler
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Last Week 12/11/12 - 18/11/12
Gross PL £ 3,540.87 Commission Generated £ 289.81 + Other Charges £ 0.00 + Total Charges £ 289.81 Total Charges % 8.18 Max possible Premium Charge £ 418.36 Premium Charge [pre-allowance] £ 418.36 Available allowance £ 0.00 Premium Charge Applied £ 418.36 Remaining allowance £ 0.00 |
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Mine disappeared. Mine was saying 3,700 profit, 6,500 max possible premium charge. Not sure how they keep business like that?
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Gross P&L £ 3,749.18
Commission Generated £ 68.78 Other Charges £ 0.00 Total Charges £ 68.78 Total Charges % 1.83 Max possible Premium Charge £ 6,304.82 Premium Charge [pre-allowance] £ 0.00 Available Allowance £ 0.00 Premium Charge Applied £ 0.00 Remaining Allowance £ |
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I assume you are being frivilous with those figures, BJT.
If not, it's not possible for the Max Premium Charge to be more than the Gross P&L. |
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It happened to me as well Castiron, as I said they must be increasing the PC to about 150%
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Joel, the maximum Premium Charge is 60% if you have lifetime winnings in excess of 250,000 pounds.
How can the PC be more than your gross profit. Has to be an error. |
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Of course it is
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I didn't see your earlier post, Joel.
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has anyone ever checked if their commission generated is correct? There are weeks that I look at it and think it's way off, but I don't have the time or inclination to go back and check every transaction.
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They've conveniently created the calculation by self to be almost impossible.
We have to rely on these the PC theieves being honest |
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Last Week 19/11/12 - 25/11/12
Gross PL £ -96.02 Commission Generated £ 381.76 + Other Charges £ 0.00 + Total Charges £ 381.76 Total Charges % 0.00 Max possible Premium Charge £ 0.00 Premium Charge [pre-allowance] £ 0.00 Available allowance £ 0.00 Premium Charge Applied £ 0.00 Remaining allowance £ 0.00 |
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My maximum possible Charge is still more than my P & L
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They are taking the ****g piss? Surely?
Last Week Gross P&L £ 8,083.22 b Commission Generated £ 145.50 Other Charges £ 0.00 Total Charges £ 145.50 Total Charges % 1.80 b Max possible Premium Charge £ 13,595.98 Premium Charge [pre-allowance] £ 0.00 Available Allowance £ 0.00 Premium Charge Applied £ 0.00 Remaining Allowance £ |
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wtf?
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Here is my last 4 weeks in the format Gross P/L, Charges %, Max Possible
8083.22 1.8 13595.98 3749.18 1.83 6304.82 3320.73 6.11 5442.43 5360.13 6.00 750.54 Interesting to note here, that 3 weeks ago, the format of the spreadsheets changed. Cannot be denied that something fishy has happened with the change in formatting? Surely three weeks is too long for this to go without being fixed. Can't imagine for a second that it could be right. My understanding, was that if you didn't pay 40% in charges, that you would pay fees to bring you up to that level. So realistically, you cannot pay more than 40% of your profits as a charge (unless you are on 50 or 60% obviously). Even the first figures, from 4 weeks ago seem a little off. Seems that figure should have been closer to 1822 rather than 750. 3rd figure should be closer to 1125. So give them credit, they are only 3300 dollars (pounds) off being right. Then 1430, and they have given 6300, so another 4900 off. First one, 3087, so 10,500 off. In the last 3 weeks alone, they would have overcharged 18,700 in charges. Needless to say, if I had qualified for that PC, I would be more than a little pissed, apart from obviously being broke. |