We want to share an important update with our Betfair Community users.
Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.
Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.
To share your feedback and experience, visit: https://support.betfair.com/app/home
General Betting
Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
My account statement shows +£850 over the last 3 months, (probably comprised of somewhere in the region of 3850 wins and £3000 of losses)
I heard that if your account statement shows +5k or more in the last 3 months then you should start to worry, or look to a new exchange (which is what I intend to should betfair have the audacity to demand 20% of my profits)
I heard that if your account statement shows +5k or more in the last 3 months then you should start to worry, or look to a new exchange (which is what I intend to should betfair have the audacity to demand 20% of my profits)
Show More
"Your account has not incurred Premium Charges. If you become eligible to incur Premium Charges in the future, we will contact you before any charges are paid. If you require any further assistance, please contact premiumcharge@betfair.com."
No idea what my magic percentage is. They are so stupid because I am only a recreational customer. If they ask me to pay it I will leave simple. I would hate to hold shares in Betfair. They cant put a foot right these days and their long term future looks shakey to say the least.
No idea what my magic percentage is. They are so stupid because I am only a recreational customer. If they ask me to pay it I will leave simple. I would hate to hold shares in Betfair. They cant put a foot right these days and their long term future looks shakey to say the least.
On the figures you have given you are safe for a long while yet.
My account statement shows +£850 over the last 3 months, (probably comprised of somewhere in the region of 3850 wins and £3000 of losses)
Premium Charge isn't based on last 3 months or any other time period than your life time on here. If you had that win/loss ratio over your life time, you would have to pay the charge.
Premium Charge isn't based on last 3 months or any other time period than your life time on here. If you had that win/loss ratio over your life time, you would have to pay the charge.
it used to be around 7-15k of winnings before the charge came into effect
Paying the PC might not be seen as something to
worry about, more like a dream, a bit like paying
the top rate of income tax, you have to be earning
it to pay it.
worry about, more like a dream, a bit like paying
the top rate of income tax, you have to be earning
it to pay it.
kenilworth, there is some truth in your statement if one is a very good trader that have few losing markets, but PC can be disastrous to a position taker.
Eddie, I agree entirely. I am a position taker and make a
modest profit, most of it taken by commission, something
good traders compensate BF with a PC charge.
modest profit, most of it taken by commission, something
good traders compensate BF with a PC charge.
Post Your Reply
Please login to post a reply.
Wonder
Instance ID: 13539