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just noticed i have been charged 6% commission on a market which should be 5%. I have seen others markets being less to round to the penny.
does bf round commission up and down to the nearest penny?
Evening Cards BVue 27th May / 20:55 A7 470m
Comm Charged 6% On Net winnings of GBP0.5
does bf round commission up and down to the nearest penny?
Evening Cards BVue 27th May / 20:55 A7 470m
Comm Charged 6% On Net winnings of GBP0.5
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I'll bump my thread on the exact same topic
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wait, i can't, it was on the old forum.
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it is to do with the rounding though.
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is this common practice.i know its the diff between a penny but i agreed to pay 5% commission ffs.
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yeah but you'll notice on some markets you only pay 4.5% and sometimes 3.65%, sometimes 7.2% somtimes 4.1%
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i'm on 5% yet my last 5 have been
Comm Charged 5% On Net winnings Comm Charged 4.41% On Net winnings Comm Charged 5.19% On Net winnings Comm Charged 7.69% On Net winnings Comm Charged 5% On Net winnings |
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ok cheers.
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it should average at 5%
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does bf round commission up and down to the nearest penny?
It rounds off. |
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How much commission do Betfair charge on winning bets? 100 percent?
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5% of 50p is 2.5pence. 2.5 is rounded to the nearest penny, ie 3p. Hence you pay a higher comm rate. If it were 2.4, you'd only pay 2p so on average it's fair and you dont lose out. Frnakly, if you care about the odd ha'penny you should reconsider your strategy :)
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