If i make 100K in three months, will that attract the same amount of PC charge as it would over a twelve month period? Maybe the answer is academic, but then again maybe it's not! Thanks
Under the current terms, everything else being equal, exactly the same amount of PC would be payable. There is no periodic PC allowance.
In either case, a gross profit of £100k could be made with no PC paid or PC of up to £59625 could be incurred. The latter figure assumes a customer on the highest 60% PC rate prior to winning a further £100k with a 100% strike rate in the lowest 0.75% base rate markets.
Under the current terms, everything else being equal, exactly the same amount of PC would be payable. There is no periodic PC allowance. In either case, a gross profit of £100k could be made with no PC paid or PC of up to £59625 could be incurred.
jt45... I think max is £59000 with 100% strike rate at 2% comm. All the 0.75% markets are now set up to pay normal comm. You get a refund the next day, but that is ignored for PC purposes.
jt45... I think max is £59000 with 100% strike rate at 2% comm. All the 0.75% markets are now set up to pay normal comm. You get a refund the next day, but that is ignored for PC purposes.
My post was based on the 0.75% base rate being applied on market settlement as it was in most of the 'Asian Handicap' markets (those with the 0.01 price increment to 1000) when I had last bet in them in early February.
I had no particular need to bet in any of the soccer AH markets until very recently such was the commission I had generated in the early part of the year and my betting activity since then. However, I did seek clarification about the trial and received contradictory responses from Betfair. It wasn't until I read Mr Ed's thread that I obtained an accurate response from the Pricing Team via the Helpdesk which was later confirmed on the Service Forum.
Sun,You are correct on both counts. My post was based on the 0.75% base rate being applied on market settlement as it was in most of the 'Asian Handicap' markets (those with the 0.01 price increment to 1000) when I had last bet in them in early Febru
Yes the Asian Handicap rebate system is good for boosting commission generated. Also it boosts your betfair points (note that there is a Cash Race ending Sunday.) If the spreads were a bit tighter it would actually be profitable to make random bets on Asian Handicaps if you haven't reached your target yet! As an experiment, I have put up tight spreads in the Man Utd-0.5 Everton +0.5 Asian Handicap, and the same market in the main Asian Handicap. Please join me!
Yes the Asian Handicap rebate system is good for boosting commission generated. Also it boosts your betfair points (note that there is a Cash Race ending Sunday.) If the spreads were a bit tighter it would actually be profitable to make random bets o