New Posts For Thread: PREMIUM CHARGE QUESTION..https://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-questionIs the premium charge something you should fear whenever you're a consistent winner, or is it only the bot-bettors placing huge amounts of bets who are the victims of this charge?Aussie Al , thanks for that input ,i understand where you are coming from now about losing bets .I looked again in detail and it appears to work a little like the working mans tax credits we have here in the UK In other words,whatever you contributhttps://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506232021#506232021Aussie Al , thanks for that input ,i understand where you are coming from now about losing bets .I looked again in detail and it appears to work a little like the working mans tax credits we have here in the UK In other words,whatever you contributSun, 04 Sep 2011 12:18:53 -0500Aussie Al, nothing confusing about the imaginery commission on your losing bets. Betfair call it implied commission and is calculated as 3 % on all your losing markets. It was a floating % early on, but it's been 3 % on all markets for a while nohttps://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506230263#506230263Aussie Al, nothing confusing about the imaginery commission on your losing bets. Betfair call it implied commission and is calculated as 3 % on all your losing markets. It was a floating % early on, but it's been 3 % on all markets for a while noSun, 04 Sep 2011 11:37:44 -0500Coachbuster - you only get credit for half the commission you pay, and they then take your losing bets and calculate the imaginery commission on this and half it (though the commission rate on this is confusing). These are then added together to calchttps://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506222115#506222115Coachbuster - you only get credit for half the commission you pay, and they then take your losing bets and calculate the imaginery commission on this and half it (though the commission rate on this is confusing). These are then added together to calcSun, 04 Sep 2011 08:25:25 -0500ALL YOUR BASE ARE BELONG TO US!https://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506098557#506098557ALL YOUR BASE ARE BELONG TO US!Thu, 01 Sep 2011 12:14:07 -0500You can win a £1million pounds a year and still not pay 1p in premium charges.https://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506086149#506086149You can win a £1million pounds a year and still not pay 1p in premium charges.Thu, 01 Sep 2011 06:47:43 -0500this is PC1 and not 2 btwhttps://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506084853#506084853this is PC1 and not 2 btwThu, 01 Sep 2011 06:04:19 -0500i still don't understand about this commission generated part of the charge however i add it up it comes to more than 20 % in total charges since the charge came into effect .anyone more clued up than me ? an example from my sheets shows i have paidhttps://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506084829#506084829i still don't understand about this commission generated part of the charge however i add it up it comes to more than 20 % in total charges since the charge came into effect .anyone more clued up than me ? an example from my sheets shows i have paidThu, 01 Sep 2011 06:03:36 -0500Do **** charge a premium charge guys? May mover over to them.CheersNickhttps://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=506083063#506083063Do **** charge a premium charge guys? May mover over to them.CheersNickThu, 01 Sep 2011 04:52:48 -0500is the great man banned? wheres annie?https://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=466512501#466512501is the great man banned? wheres annie?Fri, 17 Sep 2010 05:50:38 -0500I think I got it. 20 % comission on your PROFIT vs 2-5 % on your winnings. Winnings will normally be maybe 10 times higher than the profit.https://community.betfair.com/general_betting/go/thread/view/94082/25855769/premium-charge-question?post_id=466510277#466510277I think I got it. 20 % comission on your PROFIT vs 2-5 % on your winnings. Winnings will normally be maybe 10 times higher than the profit.Fri, 17 Sep 2010 05:17:23 -0500