PC2 week1 - July 27th

Was due to pay 50%
Week's activity(£stg): won 971, lost 953, profit 18(net) 64(gross)
So charges 57.6% and no charge liable.
Focusing mainly elsewhere now.

I tried to do a few arbs to try to minimise it, unfortunately my lays on here all got beat so I won on here. Only 'won' a few hundred from my normal activities for the week, but I have been charged a few grand for the priviledge.

That was my fear, Joel.  It was punishing at 20% but prohibitive at 50%.

^^^^^  what markets were you trying to arb ?

Any I could

Mainly horse racing place markets

I don't understand my statement. My lifetime % of commission paid was 21%. In the first week it came to 19%. Yet I didn't pay the charge as the statement says my lifetime % is 40.9%. I assumed it would start of 40% but it seems to have been set slightly higher.

Joel, in order to minimize the burden of original PC I arbed too. I just skewed my position so that if I won on Betfair, I would win a big chunk extra (covering PC), and if I lost on Betfair I would end up with a loss overall (negating the benefit of losing on here).

If you do the math, you can balance it out in that way.

PC2 Week 1 - $9802.47

well according to the response to this thread it appears not many are paying PC2.  Reading other forums it looks like some are splitting their bank and playing both places, I suspect from they are on 40%.  Me, on 60% its a no brainer and I would be very surprised if anyone would play at the 60% rate.

I haven't bet on betfair since PC came in

Did you try plugging your pc to the mains when it came in nairda, they like electricity?

Amazing how many pc2 players have a non realistic response to the pc2 on these threads, perhaps all is not what it seems and those same persons aren't in-line for the charge?