New Posts For Thread: Premium Charge questionhttps://community.betfair.com/general_betting/go/thread/view/94082/29519775/premium-charge-questionHas your account got to be in profit from the day you opened it to pay this. So if you had lost say £50k in 10 years you then then have to win that back first in order to be eligible for it.hence if you have an account on minus £50k, valuable asset for a PCC payable to have/buyI'm first in the Q, remember!https://community.betfair.com/general_betting/go/thread/view/94082/29519775/premium-charge-question?post_id=526559655#526559655hence if you have an account on minus £50k, valuable asset for a PCC payable to have/buyI'm first in the Q, remember!Mon, 03 Dec 2012 01:37:57 -0600What Andriy has said is spot on. Even if you won £50k this week you would not pay any premium charge, as per your example, as you would not have made any 'lifetime' profits, you would just pay Betfairs 5% commission.https://community.betfair.com/general_betting/go/thread/view/94082/29519775/premium-charge-question?post_id=526551317#526551317What Andriy has said is spot on. Even if you won £50k this week you would not pay any premium charge, as per your example, as you would not have made any 'lifetime' profits, you would just pay Betfairs 5% commission.Sun, 02 Dec 2012 15:41:21 -0600Yes, you would have to win that back first, since it only applies if your account is in lifetime gross profit (and then further conditions apply). So even if you have a very good week, if you have previous large running deficit, you wouldn't be liablhttps://community.betfair.com/general_betting/go/thread/view/94082/29519775/premium-charge-question?post_id=526542427#526542427Yes, you would have to win that back first, since it only applies if your account is in lifetime gross profit (and then further conditions apply). So even if you have a very good week, if you have previous large running deficit, you wouldn't be liablSun, 02 Dec 2012 10:31:13 -0600Has your account got to be in profit from the day you opened it to pay this. So if you had lost say £50k in 10 years you then then have to win that back first in order to be eligible for it.https://community.betfair.com/general_betting/go/thread/view/94082/29519775/premium-charge-question?post_id=526542023#526542023Has your account got to be in profit from the day you opened it to pay this. So if you had lost say £50k in 10 years you then then have to win that back first in order to be eligible for it.Sun, 02 Dec 2012 10:12:50 -0600