New Posts For Thread: New Australian pricinghttps://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricingMany of you will be aware of a recent decision by the High Court of Australia which upheld Racing NSW’s decision to impose a turnover based fee on wagering operators.Due to the additional cost to Betfair associated with this decision and in order fFeckCheck your message box.https://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522554947#522554947FeckCheck your message box.Thu, 02 Aug 2012 22:56:39 -0500This 50 markets is a mystery as well. You could dutch every runner in 49 big field markets, generate massive turnover at little cost, pay no turnover charge and yet someone with 50 single backs closed out ir could get hit with a turnover charge.https://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522543589#522543589This 50 markets is a mystery as well. You could dutch every runner in 49 big field markets, generate massive turnover at little cost, pay no turnover charge and yet someone with 50 single backs closed out ir could get hit with a turnover charge.Thu, 02 Aug 2012 15:05:51 -0500Yes.https://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522533921#522533921Yes.Thu, 02 Aug 2012 10:30:25 -0500They state 'have matched back bets with an aggregate value of $2000 or greater on turnover charge markets'. Is 'aggregate value' the same as the sum of stakes?https://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522523725#522523725They state 'have matched back bets with an aggregate value of $2000 or greater on turnover charge markets'. Is 'aggregate value' the same as the sum of stakes?Thu, 02 Aug 2012 04:32:51 -0500Having just read the Oz forum I've just realised the 50 limit allows traders to trade in 49 markets a week. WTF? They could generate massive turnover fees in those 49 markets, pay zilch in commission, generate no commission and everyone else is expechttps://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522490361#522490361Having just read the Oz forum I've just realised the 50 limit allows traders to trade in 49 markets a week. WTF? They could generate massive turnover fees in those 49 markets, pay zilch in commission, generate no commission and everyone else is expecWed, 01 Aug 2012 05:25:57 -0500It's OK AFAIK RichWill but don't know if it they'll make any changes for Austrailan races as a result of this turnover charge. I take it you're thinking of doing it for Australian racing?zooot, a losing run probably wouldn't be a problem as you'd stihttps://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522490175#522490175It's OK AFAIK RichWill but don't know if it they'll make any changes for Austrailan races as a result of this turnover charge. I take it you're thinking of doing it for Australian racing?zooot, a losing run probably wouldn't be a problem as you'd stiWed, 01 Aug 2012 05:12:44 -0500Could get really weird if you had a losing streak for most of the week and so paid little commission but went over 50 markets - have not done the numbers but could imagine a commission hit on top of a bad week being possible with some mixes of backshttps://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522489731#522489731Could get really weird if you had a losing streak for most of the week and so paid little commission but went over 50 markets - have not done the numbers but could imagine a commission hit on top of a bad week being possible with some mixes of backsWed, 01 Aug 2012 04:43:00 -0500Feck, I've got two different accounts and was thinking of backing and laying the same selections to increase my commission. Are you saying this is not permitted?https://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522489573#522489573Feck, I've got two different accounts and was thinking of backing and laying the same selections to increase my commission. Are you saying this is not permitted?Wed, 01 Aug 2012 04:28:24 -0500If it happened here you could see the course players getting together to take turns about at 49 1.01 hooverings. Who would be expected to pay the turnover on those bets? The rest of us through increased charges?https://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522489411#522489411If it happened here you could see the course players getting together to take turns about at 49 1.01 hooverings. Who would be expected to pay the turnover on those bets? The rest of us through increased charges?Wed, 01 Aug 2012 04:15:58 -0500I would think it would have to hit liquidity castiron. They'll maybe have made a private agreement with their largest liquidity providers so it's not immediately obvious but if it was happening here there's no way I could continue unchanged under thehttps://community.betfair.com/general_betting/go/thread/view/94082/29085633/new-australian-pricing?post_id=522489351#522489351I would think it would have to hit liquidity castiron. They'll maybe have made a private agreement with their largest liquidity providers so it's not immediately obvious but if it was happening here there's no way I could continue unchanged under theWed, 01 Aug 2012 04:12:26 -0500