New Posts For Thread: How to reduce the effect of premium chargehttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-chargeIf I think i am likely to incur a pc i.e. I am well up in the week, if I increase all my I stakes by 25% and I go on to incur a pc, my profit/loss from that point forward will be excactly the same as if their was no commision or pc(If I incur a pc)e.Betfair Spoofhttp://www.youtube.com/watch?v=eIXZa6wdUxghttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806238#420806238Betfair Spoofhttp://www.youtube.com/watch?v=eIXZa6wdUxgFri, 05 Mar 2010 05:37:04 -0600Activex,The calculation is as written by only223.It has been divisible by 2 since its inception in October 2008.In Oct 2009 they introduced the standard 3% across all markets for implied comm%. It has not changed since then.You may be getting confusehttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806206#420806206Activex,The calculation is as written by only223.It has been divisible by 2 since its inception in October 2008.In Oct 2009 they introduced the standard 3% across all markets for implied comm%. It has not changed since then.You may be getting confuseFri, 05 Mar 2010 03:22:41 -0600One of the difficulties with this is that you need to keep up to speed with the changes Betfair introduce. So if you check the service page you will see the implied commission part of the equation has now changed from what you just wrote to what I wrhttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806182#420806182One of the difficulties with this is that you need to keep up to speed with the changes Betfair introduce. So if you check the service page you will see the implied commission part of the equation has now changed from what you just wrote to what I wrFri, 05 Mar 2010 02:02:32 -0600Well I thought I had this worked out but now im confused.com. All I know is I lost money today :( so I have reduced my pc for next week :)https://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806138#420806138Well I thought I had this worked out but now im confused.com. All I know is I lost money today :( so I have reduced my pc for next week :)Thu, 04 Mar 2010 15:17:50 -0600ActiveX it's (commission paid + implied commission)/2https://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806066#420806066ActiveX it's (commission paid + implied commission)/2Thu, 04 Mar 2010 11:09:51 -0600Is it not:Commission generated = (Commission + Implied Commission) where Implied commission is market losses x 3%.So therfore commission = £300 (3% of the winnings) + £255 (3% Implied Commission) = £555.So if you won £1500 you paid over 30% alreahttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806062#420806062Is it not:Commission generated = (Commission + Implied Commission) where Implied commission is market losses x 3%.So therfore commission = £300 (3% of the winnings) + £255 (3% Implied Commission) = £555.So if you won £1500 you paid over 30% alreaThu, 04 Mar 2010 07:01:51 -0600...and if the shrewdie goes on a terrible run and loses so much that they aren't a pc payer, bf automatically get let off following the bets in from that pointhttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806058#420806058...and if the shrewdie goes on a terrible run and loses so much that they aren't a pc payer, bf automatically get let off following the bets in from that pointThu, 04 Mar 2010 06:08:41 -0600bf will tell you it's because it just wouldn't be fair otherwise, because otherwise you are not giving the losers (who never have to worry about pc) credit for all that commission they took part in "earning"). and as it so happens, yes it does make thttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806054#420806054bf will tell you it's because it just wouldn't be fair otherwise, because otherwise you are not giving the losers (who never have to worry about pc) credit for all that commission they took part in "earning"). and as it so happens, yes it does make tThu, 04 Mar 2010 06:07:05 -0600because it earns them morehttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806050#420806050because it earns them moreThu, 04 Mar 2010 06:01:34 -0600because that's how they do ithttps://community.betfair.com/general_betting/go/thread/view/94082/23531370/how-to-reduce-the-effect-of-premium-charge?post_id=420806046#420806046because that's how they do itThu, 04 Mar 2010 06:00:57 -0600