General Betting
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16 Feb 10
18:14
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Date Joined:
10 Jan 02
Feck N. Eejit
Hi, if betfair intend to start basing the pc on account lifetime profit would it not restore a bit of goodwill (primarily among those who were unjustly hit by the pc because of result sequences) if you backdated this to the original pc introduction date and refunded that which would not have been paid? You might also have avoided the loss of some business if you had declared such a backdate
The changes we made to the Premium Charge in October last year were designed to improve the charge by making it simpler to understand and fairer for those customers that experience volatility in the longer-term. That said, the fact that we have made changes does not mean we believe that the original charging mechanism was broken or unjust.
If we halved our commission rates overnight we would be unlikely to simultaneously announce that we were going to make reimbursements for 50% of commission levied since Betfair was launched.
Hi, if betfair intend to start basing the pc on account lifetime profit would it not restore a bit of goodwill (primarily among those who were unjustly hit by the pc because of result sequences) if you backdated this to the original pc introduction date and refunded that which would not have been paid? You might also have avoided the loss of some business if you had declared such a backdate
The changes we made to the Premium Charge in October last year were designed to improve the charge by making it simpler to understand and fairer for those customers that experience volatility in the longer-term. That said, the fact that we have made changes does not mean we believe that the original charging mechanism was broken or unjust.
If we halved our commission rates overnight we would be unlikely to simultaneously announce that we were going to make reimbursements for 50% of commission levied since Betfair was launched.
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Replies: 26
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I asked this question before the lifetime charge was introduced (as can be seen by my "if betfair intend to start basing the pc on account lifetime" QUOTE) so why are you making me out to be a nut job by putting it up on this Q&A? Comparing my suggestion to you cutting commission in half and me requesting you backdate it to 2002 is also nothing short of imbecillic.
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Apologies Feck. For some reason this question (which you clearly asked some time back in 2009 before the change to the PC) was still in the livechat inbox....
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Thank you BCS.
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You must be paying some huge commission for a climb down like that feck.
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Feck having single handedly got rid of the 60 week PC in favour of a lifetime PC by contacting Betfair 300 times, do you not think that asking for a refund is a little greedy?
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god your the most boring man on earth
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Was the direct line engaged Feck ?
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Thanks very much for all your questions we hope that weve done a fair job of answering them and will try and follow up where weve said we will. Well also try and make this a regular fixture and will get a couple in the diary in future. Having had a number of questions about timing, especially from Australia, we may look to do one at an earlier time in the day.
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god your the most boring man on earth
You are obviously a banker (in both senses). |
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Betfair is terrified of upsetting feck or the magician. Different set of rules for those 2. Calling him boring is a bit foolish though (ImO).
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dronning on and on and on talking utter crap
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Baader's gonnae get ye
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A very tame Q&A tonight imo. Have the Ferengi gone purple with their famous liquidity or have they just accepted they don't supply any and resigned themselves to paying 400% more on here?
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Pointless even asking a question imo. As their BS reply to the in running picture query proved.
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Feck, can you get Betfair to**the Lite site? It's been knackered over a year now.
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Gerbs 16 Feb 19:05
why was the commission paid removed from the betfair premium portal is it because most PC players would have seen a big difference between what they have paid and what they have been credited by the comm generated fig No. We removed the commission paid figure from the portal because it was causing confusion given that is irrelevant when it comes to calculating the Premium Charge. Potential Premium Charges are offset against commission generated because it is fairest way to value the Exchange activity of our customers. Commission generated allocates each pound of commission collected equally between both the winning and losing counterparty. I thought the same as Gerbs. What kind of of overview of charges does not mention ACTUAL CHARGES PAID. Sure commission generated is important for calculating PC, but commission paid is important to see WHAT YOU HAVE ACTUALLY PAID. This is very poor from betfair imo. |
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That's it fixed Will.
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feck all you do is moan... if u dont like, go else where. either way, please do us all a favour..
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"Stringer" Bell 16 Feb 20:14
Pointless even asking a question imo. As their BS reply to the in running picture query proved. Stringer, which Q are you referring to, and why was the answer BS? |
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Out of order and totally unnecessary, Betfair's attempt to make Feck look like a moron.
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Perhaps Feck controls the BCS forum name. That would explain his mysterious ability to get them to post on here, which I cannot recall them ever doing before.
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Betfair are in good form, they even stuff up the forum Q&A.
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plant - in response to a question from aussie al @ 18:21
"Those people who choose to watch a live event and hoping to taking advantage of beating any picture delay are hindered by the connectivity of their internet connections which can be slower on course than elsewhere. There are now so many people utilising what they think are faster picture service providers that the playing field for in-running betters is probably more level than it has ever been." We are a million miles from a level playing field as they know full well. |
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Spot the bankers.
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Moon Light makes a very good point.
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REPORTED
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