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conchords
06 Nov 09 10:45
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Date Joined: 12 Mar 03
| Topic/replies: 58 | Blogger: conchords's blog
I have been profitable to a decent degree for the period of the PC & have never paid the PC . my latest % was around 42%

I am a traditional backer & avoid favourites. I've never traded or laid horses.

I have set up a separate account to trial a modicum of trading.

Will this possibly mean i may start to pay the PC as i believe its mainly catching arbers & traders in the net?

I don't want to start doing it if it means running the risk of paying the PC?

Thanks in advance for any advice

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Replies: 8
By:
Lori
When: 06 Nov 09 10:49
i believe its mainly catching arbers & traders in the net?

It's not this.
By:
conchords
When: 06 Nov 09 11:27
Could you elaborate?
By:
Lori
When: 06 Nov 09 11:30
Not much to elaborate on, the premium charge catches people from all styles of gambling, not traders and particuarly not arbers... arbers will basically never pay it.
By:
Lori
When: 06 Nov 09 11:31
*not just traders, traders do get caught.

Arbers won't get caught, almost by definition (you need to be a winner on betfair)
By:
conchords
When: 06 Nov 09 11:43
So in conclusion - by starting trading it shouldn't bring me into the PC?
By:
Lori
When: 06 Nov 09 11:56
You'll have to crunch the numbers yourself, it could well bring you into the pc. 42% might mean one big win brings you in normally even without trading.

You should be able to work out how much you can win before you start paying and work from there.
By:
Lay Low
When: 06 Nov 09 13:16
Will this possibly mean i may start to pay the PC as i believe its mainly catching arbers & traders in the net?

Anyone who is reasonable successful over a prolonged period will probably pay the premium charge eventually now that the £1,000 allowance does not decay.
By:
Okuma
When: 06 Nov 09 14:02
This depends on what type of trading you will do and if you're any good at it. If the premium charge was mainly for traders it would have been easier to simply charge per trade.
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