New Posts For Thread: Premium Charge Questionhttps://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-questionAny single win that constitutes more than 50% of your gross profits over the lifetime of your account will be excluded from the calculationSay the Account is £10k up on gross profits then in a week you place ome winning bet of £6k. Does this winninThanks everyone for your replies (espeically Knight Rider). Looks like I might be better off losing a large amount of money on a 10/1 shot in the near future!!https://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472794449#472794449Thanks everyone for your replies (espeically Knight Rider). Looks like I might be better off losing a large amount of money on a 10/1 shot in the near future!!Wed, 03 Nov 2010 12:19:37 -0500Angela, I asked my account manager this exact question a few months ago and he took a few days to find out and make sure the answer is correct.Basically when the charge is calculated each week, the question is asked 'does any single win constitute mohttps://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472783437#472783437Angela, I asked my account manager this exact question a few months ago and he took a few days to find out and make sure the answer is correct.Basically when the charge is calculated each week, the question is asked 'does any single win constitute moWed, 03 Nov 2010 10:56:36 -0500Feck will be along shortly to answer this one - strange that his pc radar hasnt picked this up yethttps://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472776857#472776857Feck will be along shortly to answer this one - strange that his pc radar hasnt picked this up yetWed, 03 Nov 2010 10:07:15 -0500Escapee is correct.I asked a similar Q a few months ago and was given the same answer.If you keep making a profit eventually the 6k win will be less than 50% of gross profitsso it is only delaying the payment.https://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472771713#472771713Escapee is correct.I asked a similar Q a few months ago and was given the same answer.If you keep making a profit eventually the 6k win will be less than 50% of gross profitsso it is only delaying the payment.Wed, 03 Nov 2010 09:27:19 -0500Escapee 03 Nov 10 13:38 I'm no expertBut even if you were an expert, I doubt whether you would fully understand the Premium Charge. (I know that no one at Betfair does.)https://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472767881#472767881Escapee 03 Nov 10 13:38 I'm no expertBut even if you were an expert, I doubt whether you would fully understand the Premium Charge. (I know that no one at Betfair does.)Wed, 03 Nov 2010 08:56:53 -0500I'm no expert but it would seem to me that winning a further £6k would make the liftime profit £16k and hence as £6k is less than 50% of £16k it could incurr the PC.But what I think you were asking is, is a bet which wins and at the time represenhttps://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472765945#472765945I'm no expert but it would seem to me that winning a further £6k would make the liftime profit £16k and hence as £6k is less than 50% of £16k it could incurr the PC.But what I think you were asking is, is a bet which wins and at the time represenWed, 03 Nov 2010 08:38:48 -0500Anyone?!https://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472765081#472765081Anyone?!Wed, 03 Nov 2010 08:30:12 -0500Any single win that constitutes more than 50% of your gross profits over the lifetime of your account will be excluded from the calculationSay the Account is £10k up on gross profits then in a week you place ome winning bet of £6k. Does this winninhttps://community.betfair.com/general_betting/go/thread/view/94082/26186825/premium-charge-question?post_id=472746369#472746369Any single win that constitutes more than 50% of your gross profits over the lifetime of your account will be excluded from the calculationSay the Account is £10k up on gross profits then in a week you place ome winning bet of £6k. Does this winninWed, 03 Nov 2010 04:28:32 -0500