New Posts For Thread: Betfair commision 5%, newbie questionhttps://community.betfair.com/general_betting/go/thread/view/94082/29022393/betfair-commision-5-newbie-questionHello, excuse for newbie question but it's unclear for me:Example:If I put 28,78 Euros on a price of 3,65... will result 105 Euros (so, i have net winnings 76,22 euros).Now... Betfair will take 5% commision from 105 Euros (wich means 5 Euros)?? Or thCorrect BTO, even though the gross winnings are 76.27 euros and not as stated!The way they charge sometimes less than 5%, and sometimes more, makes it very difficult to make a clear audit of ones performance (unless you are a mathematical genius andhttps://community.betfair.com/general_betting/go/thread/view/94082/29022393/betfair-commision-5-newbie-question?post_id=517891419#517891419Correct BTO, even though the gross winnings are 76.27 euros and not as stated!The way they charge sometimes less than 5%, and sometimes more, makes it very difficult to make a clear audit of ones performance (unless you are a mathematical genius andSat, 24 Mar 2012 16:54:51 -0500No it won't, they should take exactly 3.81335 EUR but will round it up.Over time, you will pay even more than 5% commission.A point lost on many here.So in effect, the more money you wager, the bigger the skim will be.https://community.betfair.com/general_betting/go/thread/view/94082/29022393/betfair-commision-5-newbie-question?post_id=517891153#517891153No it won't, they should take exactly 3.81335 EUR but will round it up.Over time, you will pay even more than 5% commission.A point lost on many here.So in effect, the more money you wager, the bigger the skim will be.Sat, 24 Mar 2012 16:46:15 -0500Hey Eddie.... you are both very gracious and also a magician!When I began to compose my response there were no other replies!Now it certainly didn't take me sixteen minutes to compose mine so just wonderinghow yours came in so long before!Very very shttps://community.betfair.com/general_betting/go/thread/view/94082/29022393/betfair-commision-5-newbie-question?post_id=517891083#517891083Hey Eddie.... you are both very gracious and also a magician!When I began to compose my response there were no other replies!Now it certainly didn't take me sixteen minutes to compose mine so just wonderinghow yours came in so long before!Very very sSat, 24 Mar 2012 16:44:14 -0500bardilla24 Mar 12 20:51 Joined: 21 Sep 05 | Topic/replies: 4,831 | Blogger: bardilla's blogNot sure I should prostitute myself for playing your game (or is it for real)?You are either on a wind up to amuse your friends or you are probably the most sthttps://community.betfair.com/general_betting/go/thread/view/94082/29022393/betfair-commision-5-newbie-question?post_id=517890845#517890845bardilla24 Mar 12 20:51 Joined: 21 Sep 05 | Topic/replies: 4,831 | Blogger: bardilla's blogNot sure I should prostitute myself for playing your game (or is it for real)?You are either on a wind up to amuse your friends or you are probably the most stSat, 24 Mar 2012 16:35:19 -0500I'll answer even if you have been on here for more than 6 years. Betfair take their commission from your net profit. In this case 3.8 Euro in commission.https://community.betfair.com/general_betting/go/thread/view/94082/29022393/betfair-commision-5-newbie-question?post_id=517890267#517890267I'll answer even if you have been on here for more than 6 years. Betfair take their commission from your net profit. In this case 3.8 Euro in commission.Sat, 24 Mar 2012 16:19:53 -0500Hello, excuse for newbie question but it's unclear for me:Example:If I put 28,78 Euros on a price of 3,65... will result 105 Euros (so, i have net winnings 76,22 euros).Now... Betfair will take 5% commision from 105 Euros (wich means 5 Euros)?? Or thhttps://community.betfair.com/general_betting/go/thread/view/94082/29022393/betfair-commision-5-newbie-question?post_id=517889211#517889211Hello, excuse for newbie question but it's unclear for me:Example:If I put 28,78 Euros on a price of 3,65... will result 105 Euros (so, i have net winnings 76,22 euros).Now... Betfair will take 5% commision from 105 Euros (wich means 5 Euros)?? Or thSat, 24 Mar 2012 15:51:37 -0500