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glasgow boy
19 Nov 12 21:00
Joined:
Date Joined: 29 Nov 05
| Topic/replies: 265 | Blogger: glasgow boy's blog
anyone know how much you have win until the premium charge starts?

looked at the rules but its not clear!
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Report CJ70 November 19, 2012 9:04 PM GMT
Any amount as long as you are under the 20% commission rate and you've surpassed the 1K leeway.
Report Mowen5 November 19, 2012 9:27 PM GMT
Go **** if you're worried about premium charge
Report clouded leopard November 19, 2012 9:39 PM GMT
go where mowen ?
Report clouded leopard November 19, 2012 9:42 PM GMT
there's no set amount gb but if you trigger below 20% of commission generated you're in , and in for life
Report Violencia Fantastico Retardo November 19, 2012 9:47 PM GMT
better off on the dole than being on premium charge imo Shocked
Report Fajizzle November 19, 2012 9:52 PM GMT

Nov 19, 2012 -- 9:42PM, clouded leopard wrote:


there's no set amount gb but if you trigger below 20% of commission generated you're in , and in for life


what you mean?

Report Mighty Whites 2008 November 19, 2012 9:52 PM GMT
You need to have lifetime profits with commission less than 20%.

You get a premium charge allowance of 1000 which is 5000 in winnings. After that you will then pay 20% of future winnings unless you have a losing run and go above the 20% commission figure.

If you are close to paying or have used up some of your 1000 the premium portal will show it.

https://account.betfair.com/regpay-myaccount/premiumcharge/summary.html
Report Bruce Willis November 19, 2012 10:49 PM GMT
If you email Betfair requesting all your profit and loss for sports betting do they oblige ?
Report Boozle November 19, 2012 11:02 PM GMT

Nov 19, 2012 -- 9:52PM, Mighty Whites 2008 wrote:


You need to have lifetime profits with commission less than 20%.You get a premium charge allowance of 1000 which is 5000 in winnings. After that you will then pay 20% of future winnings unless you have a losing run and go above the 20% commission figure.If you are close to paying or have used up some of your 1000 the premium portal will show it.https://account.betfair.com/regpay-myaccount/premiumcharge/summary.html


Just read you post, clicked on the link and found that from Wednesday I will be paying premium charge for the first time (unless I get gubbed in the meantime)! Devil

Report brassneck November 19, 2012 11:15 PM GMT
just keep laying odds on away teams and betfair will let you know.GrinGrinGrinGrin
Report DirtyCashMoney November 19, 2012 11:17 PM GMT
Plenty of other betting sites where the commission is err, well zero..
Report YOMOMMA November 19, 2012 11:29 PM GMT
this place is a pile of steaming ****, it says i've used up £304 of the premium charge allowance and I do mostly arbing and my account hovers around break even.
Report gotitwrong- November 19, 2012 11:55 PM GMT
24005 markets , lol
Report YOMOMMA November 19, 2012 11:58 PM GMT
What would possess people to continue using betfair if they pay 20%? I hate paying 5% as others like b etdaq charge 3% and smarkets 2%, if I had to pay 20% no way would I bet with them.
Report YOMOMMA November 20, 2012 12:01 AM GMT
You can't win - they charge 5% commission and the only way you can get the commission rate down is by betting thousands but if you win they put you up to 20%.
Report gotitwrong- November 20, 2012 12:03 AM GMT
Which markets do you play ,YOMOMMA?
Report YOMOMMA November 20, 2012 12:04 AM GMT
Mainly Tennis and Football, some Cricket and Snooker.
Report YOMOMMA November 20, 2012 12:06 AM GMT
why?
Report gotitwrong- November 20, 2012 12:06 AM GMT
Is there enough liquidity on the other sites-I guess not , or you would be there all the time ?
Report glasgow boy November 20, 2012 12:07 AM GMT
cheers for the info, so im right in thinking that the premium charge at 20% is 20 percent of future once your hit a certain
amount of profit

reason i ask that ive won 30 grand in the past 3 months and dont want be hit by a charge that i only heard about recently!
Report YOMOMMA November 20, 2012 12:10 AM GMT
There's a bigger range of markets on here. B etdaq is dead for Tennis. I use the other b etdaq and smarkets as much as I can but they don't have a big a range or the liquidity a lot of the time.

glasgow boy - I tried to make sense of it by reading the help and learning section but I still don't have a clue.
Report YOMOMMA November 20, 2012 12:14 AM GMT
I think I'm alright as my total charges are well in excess of 20%. Commission generated 4.5k, what do they do with all the money can't they hire a decent website devoper?
Report gotitwrong- November 20, 2012 12:15 AM GMT
I have paid C. 6.2k in commission - ouch!
Report YOMOMMA November 20, 2012 12:15 AM GMT
*developer
Report YOMOMMA November 20, 2012 12:15 AM GMT
and don't forget cross matching too.
Report gotitwrong- November 20, 2012 12:15 AM GMT
or generated it ?
Report deusse November 20, 2012 4:50 AM GMT
I finished with the allowance, now i have to pay from my money 84 USd for this week.
Report Ahoy 1982 November 20, 2012 7:56 AM GMT
What's smarkets like for liquidity on horse racing??
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