New Posts For Thread: laymans termshttps://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-termscan anyone tell me in laymans terms what commission i would pay on winnings per say backing or laying one horse per race at local meetings and irish meetings only for around £40 per race? thnxthnx lori, ur very helpful.https://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-terms?post_id=471449897#471449897thnx lori, ur very helpful.Sun, 24 Oct 2010 09:47:28 -0500It's based on way too many factors to bother with until you're 6000 or so ahead.It's also unlikely (but not at all impossible) that it will impact you, so your time is better spent worrying about winning the money at this stage.If you get more comforhttps://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-terms?post_id=471442593#471442593It's based on way too many factors to bother with until you're 6000 or so ahead.It's also unlikely (but not at all impossible) that it will impact you, so your time is better spent worrying about winning the money at this stage.If you get more comforSun, 24 Oct 2010 08:48:08 -0500thnx again lori, im new to betfair. do u know at what point u start to pay extra and how much?https://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-terms?post_id=471441965#471441965thnx again lori, im new to betfair. do u know at what point u start to pay extra and how much?Sun, 24 Oct 2010 08:43:58 -0500If you treat it as 5% you won't be disappointed.If you get a few thousand up, ask again about extra charges, but at £40 a race you'll pay a max of 5% (and it'll be a little less most likely) for the forseeabe future.https://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-terms?post_id=471440577#471440577If you treat it as 5% you won't be disappointed.If you get a few thousand up, ask again about extra charges, but at £40 a race you'll pay a max of 5% (and it'll be a little less most likely) for the forseeabe future.Sun, 24 Oct 2010 08:32:01 -0500thnx lori, so is it 5% on all winning bets? its so confusing when u go into the terms and conditions.https://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-terms?post_id=471439981#471439981thnx lori, so is it 5% on all winning bets? its so confusing when u go into the terms and conditions.Sun, 24 Oct 2010 08:26:43 -0500If you won £100 (40 at 5/2) you'd pay a fiver.https://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-terms?post_id=471439553#471439553If you won £100 (40 at 5/2) you'd pay a fiver.Sun, 24 Oct 2010 08:22:30 -0500can anyone tell me in laymans terms what commission i would pay on winnings per say backing or laying one horse per race at local meetings and irish meetings only for around £40 per race? thnxhttps://community.betfair.com/general_betting/go/thread/view/94082/26122321/laymans-terms?post_id=471439369#471439369can anyone tell me in laymans terms what commission i would pay on winnings per say backing or laying one horse per race at local meetings and irish meetings only for around £40 per race? thnxSun, 24 Oct 2010 08:21:08 -0500