That rumour has been made so often in the last couple of years... be madness from a PR perspective to raise the pc at the moment.

Been through the Hamilton card yet Feck? Not looking for names, but I fancy one.

Who could think this was be a good move at the present dire time?

Yes noodles, what is wrong with 40 % if the old 20 % was very fair ?

ps , was it you that was around 35 %

about*

For the sake of argument consider my activity since I started back 2 weeks ago and presume I'm a new customer. I passed the 250 market mark sometime last week. The situation last Thursday morning was such that I had only paid around 11% of my gross profit in normal commission. Had I stopped betting then I would've been charged around 4K (5K without my 1K allowance) in premium charges this Wednesday. Since then I hit a bad run and the situation yesterday (only 6 days later) is that I've paid around 80% of my gross profits in commission. Such swings are not uncommon for me. I've been known to go months without having a losing week but I'm also prone to equally bad losing spells.

Suppose I had been hit with that 4K charge. Suppose also that wasn't enough to scare me from the site and the winning start I got off to extended in to months. I could end up paying tens of thousands of pounds in premium charges that, by the end of the flat season, were only due because of the sequence of my results. Someone who had a similar season to mine BUT IN REVERSE ORDER would be charged maybe 30K less than me. That is nothing short of lunacy. When you consider that the original idea was based on a rolling 60 week period (rather than lifetime profit), which meant seasonal bettors like myself would've regularly lived in fear of it, those who initially introduced such an ill thought out plan should hide their faces in shame (imo).

When it was first introduced I was told there was no way a gambler like myself could possibly be hit. I questioned that at the time because the flat season had ended well for me and that didn't auger well for the start of the following flat season. 6 months and 5 football singles later I received an email saying I would've paid that week had it not been for the one week warning. Thankfully they changed to lifetime profit some time later but that doesn't help our hypothetical new customer. Regardless of whether you're a trader or gambler surely you'd agree that someone who's doing straight bets in almost every horse race should be welcomed with open arms by betfair, yet the fact they can't even appease our hypothetical new customer with rebates suggests they're only too willing to lose the odd one for very little gain.

It's obvious this charge was designed to hit the freeloaders but they didn't take into account the possible side effects when they introduced it. This form of rebate would at least address one of the very silly side effects of the charge. Not introducing it is not an option for any sane outfit.

Without giving any names Feck, I'd be obliged if you told me if you were getting involved in the 4.15.

PS I did mention about the goalposts being moved all the time.

My lay on Sunday was mostly with another firm, thankfully it got beat or I would have turned purple with rage.

I have no doubt this firm's liquidity will increase substancially now......

Difficult to see how to possibly carry on with Betfair.

"commission evasion" makes it sound like bf the HMRC

yes feck, i can't be;ieve they did this rather than introduce your feck-witted scheme.

it's really come to something when coming up with something on the back of an envelope then obsessively cut and pasting it for months on end doesn't result in its being implemented.

actually, yes I think it does. but in any case, they probably trust the backs of their own envelopes more than yours.

another advantage of their scheme is, they're not going to obsessively cut and paste it all over the forum for the thick end of a year.

Agree about the lack of a sliding scale, Feck. Absolutely outrageous.

FFS, should be a sixth. I'm so daft I could work for betfair's charging department.

Feck--we're on a different thread---lol

now five fold in trilloins   now that  a shock  is else where i am sad cos i was with and love betfair   

what   they did not allow for  long time players   10 years plswhat if  some one on 1 year and get 250k    it seems  so   wrong

In English please chris ?

Eddie the eagle

just calm down all  i am saying  if   betting  fun bet on  even money  it like bye bye

most guys on  fun bets   are like  yes we buy buy  and now   thanks feck and dead

Please note that for the purposes of introducing a change to the Premium Charge rate that applies to your betting, we will assume that you have always incurred Premium Charges at the prevailing rate. This will ensure that you are considered to have generated total charges equal to at least 40% of your lifetime gross profits at the point the new rate becomes effective.

This has got me thinking again about the absence of the sliding scale mentioned in my 14:42 post. If your lifetime commission generated to lifetime gross profit is 4.99% then they give you an allowance to bring your previous charges up to 60%. On the first week you place a few extra fun bets to get your ratio up to or beyond 5.0 so that you're now pc'd at 50%. Since your allowance means you paid 60% all those previous weeks/years does that not mean you'll avoid the pc for some time to come?