New Posts For Thread: Premium Charge - Average £10K a month profithttps://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profitCan someone explain in very simple terms how this works.DOUBLED 27 Mar 13 15:03 Love all the forum posters who know how to get around PC but want to keep it a secret __________they are usually non PC payers as wellhttps://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530265519#530265519DOUBLED 27 Mar 13 15:03 Love all the forum posters who know how to get around PC but want to keep it a secret __________they are usually non PC payers as wellFri, 29 Mar 2013 15:40:10 -0500I meant to say "a net loser".https://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530264519#530264519I meant to say "a net loser".Fri, 29 Mar 2013 15:10:25 -0500Yes, you can have a month with nothing taken away.I wouldn't say I focussed on the scenario of being a new loser. I clearly set out how it effects me before mentioning my extreme example.https://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530264479#530264479Yes, you can have a month with nothing taken away.I wouldn't say I focussed on the scenario of being a new loser. I clearly set out how it effects me before mentioning my extreme example.Fri, 29 Mar 2013 15:09:41 -0500it's also crazy to focus on just the very unlikely negative case as you can also earn 10.000 during a month and have nothing taken awayhttps://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530264327#530264327it's also crazy to focus on just the very unlikely negative case as you can also earn 10.000 during a month and have nothing taken awayFri, 29 Mar 2013 15:05:28 -0500Since becoming a 50% PC payer, what I think of as my effective rate has been 49.5% of gross profits (profit minus commission). So if I earn £10,000 in a month, I'd expect my net income to be £5,050. However, it really depends on how your £10,000https://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530262685#530262685Since becoming a 50% PC payer, what I think of as my effective rate has been 49.5% of gross profits (profit minus commission). So if I earn £10,000 in a month, I'd expect my net income to be £5,050. However, it really depends on how your £10,000Fri, 29 Mar 2013 14:11:02 -0500It always me smile when people talk about betfair putting shareholders first and customers second. Given the performance of their shares I certainly pity anyone else in the queue.https://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530258757#530258757It always me smile when people talk about betfair putting shareholders first and customers second. Given the performance of their shares I certainly pity anyone else in the queue.Fri, 29 Mar 2013 11:28:19 -0500I'm comparing all of this figures and...subject of this topic need to be changed on a new one " How tofind an idiot who will pay all of this charges and be a courtsider then? Would you agree with me?P.S Happy Easter btwhttps://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530215935#530215935I'm comparing all of this figures and...subject of this topic need to be changed on a new one " How tofind an idiot who will pay all of this charges and be a courtsider then? Would you agree with me?P.S Happy Easter btwWed, 27 Mar 2013 17:20:36 -0500Love all the forum posters who know how to get around PC but want to keep it a secrethttps://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530202153#530202153Love all the forum posters who know how to get around PC but want to keep it a secretWed, 27 Mar 2013 10:03:56 -0500I think what viva said is spot on. The simple answer for someone earning £10k a month is a.) Learn to read, b.) go to the premium charge bit of the website and read it.I would personally be surprised if someone in this situation wasn't able to findhttps://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530201691#530201691I think what viva said is spot on. The simple answer for someone earning £10k a month is a.) Learn to read, b.) go to the premium charge bit of the website and read it.I would personally be surprised if someone in this situation wasn't able to findWed, 27 Mar 2013 09:46:34 -0500viva el presidente!24 Mar 13 03:46[...]b) if you're making 10K a month you should nevertheless be able to figure it out.Contrarian225 Mar 13 18:17[...]although I would assume that anyone bright enough to be paying 60% PC in the first place ought to bhttps://community.betfair.com/general_betting/go/thread/view/94082/29824837/premium-charge---average-10k-a-month-profit?post_id=530199485#530199485viva el presidente!24 Mar 13 03:46[...]b) if you're making 10K a month you should nevertheless be able to figure it out.Contrarian225 Mar 13 18:17[...]although I would assume that anyone bright enough to be paying 60% PC in the first place ought to bWed, 27 Mar 2013 08:19:45 -0500