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8% Commission!

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Replies: 192
By:
BJT
When: 27 Jul 15 02:15
And zooot. Depends as well on strategy. If possible to add more bets to a market you can counter the commission rise.

Is enough for me though to concentrate elsewhere. Dont really have time now to commit to Aus racing but when i get a bit of time i will be concentrating elsewhere.
When the asian exchanges take off for aus races much better options there.
By:
J.R.Hartley
When: 27 Jul 15 14:16
Dear me....all this fuss about something that obviously doesn't affect any of you......if they start charging 8% on losing bets however!....Laugh
By:
spyvspy27
When: 27 Jul 15 15:07
Post of the day JR Laugh
By:
Live_in_Hope
When: 28 Jul 15 01:14
the abolition of card fees has saved me a fortune, thank you betfair Love
By:
VeryLTU
When: 28 Jul 15 01:24
hide behind the couch jimmy!!!! nurse ratchett is back in the room.
By:
spyvspy27
When: 28 Jul 15 05:41
Live_in_Hope 28 Jul 15 01:14 Joined: 02 Jan 09 | Topic/replies: 12,375 | Blogger: Live_in_Hope's blog
the abolition of card fees has saved me a fortune, thank you betfair


Was anything stopping you from using Poli to deposit?
By:
Live_in_Hope
When: 29 Jul 15 01:44
not sure spy - I have no idea what poli is
By:
spyvspy27
When: 29 Jul 15 02:32
When you click on deposit, just above where you enter your credit card details are the 5 ways you can make a deposit, Poli is one of the options ffs
By:
Live_in_Hope
When: 29 Jul 15 06:38
Poli hasn't got a cracker ATM
By:
spyvspy27
When: 29 Jul 15 06:49
Neither have I ffs
By:
dos dedos mis amigos
When: 29 Jul 15 22:54
good luck Henry!! you have got none
By:
Thebas
When: 31 Jul 15 05:26
4 mins to post time at Ipswich

the fave on BF is $2.60

less the unfavourable 8% for the sunshine state

= $2.47

current fixed price on the qld scab = $2.50
By:
Thebas
When: 31 Jul 15 05:33
drifts to $3.10 in the last 60 secs

and runs stone motherless last after a dream run Laugh

your 8% remains undeducted  Wink
By:
Barney The Bot Slayer
When: 31 Jul 15 11:57
I used to pay less than 3.5 from memory.
can't do any business anymore , so 8% is a prob.
because the 8% is a prob I do no business

the less business the more they have to charge,the more they charge the less business they do
By:
Thebas
When: 07 Aug 15 10:39
email received

the ACT thoroughbreds will now be at 6% commission ... (down from the NSW model of 8%)  ... starting at their next meeting on Friday August 14th
By:
Thebas
When: 07 Aug 15 10:41
take that V'Landy's Grin
By:
spyvspy27
When: 07 Aug 15 11:09
Now all Canberra has to do is race 5 times a week
By:
The_KAMIKAZEE_DRINKING_MACHINE
When: 07 Aug 15 11:15
Seven. With a race every five minutes.
By:
Thebas
When: 07 Aug 15 11:27
NSW & Qld holding out   (and WA to some extent)

the change is on ... you can feel it

now .... if PVL had to resign ... welllllllll  Laugh
By:
FATMax
When: 07 Aug 15 12:47
rude very rude as usual
By:
Thebas
When: 07 Aug 15 21:14
c'mon pete .. do the right thing for all concerned at all levels within the racing industry & punters

RESIGN

Laugh
By:
jfc
When: 08 Aug 15 01:00
I like the way this is going.

V'landys has succeeded in annoying everyone, so even former enemies seem to be uniting against him.

There are lots of incentives for punters to steer clear of the V'landys model.

And it's likely that RNSW will fall behind even more.

Couldn't happen to a more deserving gunslinger.
By:
THERE....IS....NO....SPOOOOON
When: 08 Aug 15 01:11
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

I like it when The Colonel drifts in with a plastic fork in his hand and an evil glint in his eye. Silly

Spicy Cool

In eleven secret ways
By:
zooot
When: 08 Aug 15 05:07
Random example of BF compared to fixed price tote   

Gold Coast
Horse: Fell From Heaven
a couple of minutes before off
Tatts fixed    3.3 odds - no commission = 3.3 effective odds
BF              3.4 odds - less 8% commission on winning = effective odds of 3.208

Tote fixed 2.87% better odds after commission

Gold Coast
Horse: Game pie
a couple of minutes before off
Tatts fixed    2.8 odds - no commission = 2.8 effective odds
BF              3.0 odds - less 8% commission on winning = effective odds of 2.84

BF fixed 1.4% better odds after commission

8% commission knocks BFs historical advantage rather a lot.
By:
zooot
When: 08 Aug 15 05:12
And ..... typically the better chance to win selection will have s smaller spread, so the actual advantage is even less than any apparent difference
By:
BJT
When: 08 Aug 15 06:00
Unless you are a 20 dollar punter, you can't get on with Tatts anyway.
By:
jfc
When: 08 Aug 15 08:19
Betfair averages today per race:

$300,302 Randwick
$367,285 Flemington

+22.3% despite having an extra race

Price sensitive punters that V'landys denies exist have kicked him where the sun don't shine.
By:
jfc
When: 08 Aug 15 08:19
I'm so wired I could spam. And just have.
By:
zooot
When: 09 Aug 15 02:27
Just set up something for Aus racing - had to specifically exclude 98 tracks with the 8% commissiom rate.
By:
jfc
When: 09 Aug 15 05:17
I've also re-indoctrinated my robot to avoid the V'landys rate.

aka the V8?

It's getting tougher here, so I reduce my scope.

But then I lose too many Bonus Points.

My earlier figures suggest liquidity is stronger on the 6% States, so it makes even more sense to focus on Bonus Whoring there.
By:
J.R.Hartley
When: 09 Aug 15 17:17
Give up the drugs son.....
By:
henryluca
When: 26 Aug 15 06:17
  zooot's blog
Just set up something for Aus racing - had to specifically exclude 98 tracks with the 8% commissiom rate.




- had to specifically exclude 98 tracks with the 8% commissiom rate.

Was just thinking how any collect is a good collect when I thought of poor old Zoot seemed to be thinking of ways to convince himself not to take a risk..

Part of the intelligentsia  not meant to be a gambler...

Hope he is good
By:
The_KAMIKAZEE_DRINKING_MACHINE
When: 31 Aug 15 17:19
Agree
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