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As a PC2 payer, is it possible to look at the premium portal page to project what PC band you would be paying when you hit PC3?
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just doing it to p!ss us off now NAP
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Divide commission generated by your gross profit and consult the following table?
Lifetime commission generated to gross profits ratio Applicable Premium Charge Rate < 5% 60% 5% - 10% 50% 10%+ 40% Hint: Getting hit by 50 or 60% would be very dumb. |
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Thank you Mr.Anderson.
Another question: What are 'Other charges'. All I can think of is Data Request Charges. I'm sure I haven't had any (DRC) but I've been deducted for 'Other charges'. |
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Other charges are non-existent charges. For instance at the moment my other charges are £ 1,463.41.
When I hit super PC, Betfair will adjust the figures 'as if' I've always been paying 40% PC. The difference between what I've actually generated and what I would have done had I always been on 40% is reflected in Other Charges. And remember that the figures are not what you've actually paid. Betfair removed that because it was 'confusing' customers. I'm not sure data request and transaction charges are still included in these figures as they can't be used to offsett PC? |
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I'm not sure Dave, but I think that maybe could be the first £1,000 that you don't actually have to pay (all have a £1,000 allowance against the premium charge), plus whatever you would have had to pay the first week if it hadn't been waived? Got a little bit more than £1,000 there?
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My other charges is £2.7K. I've no idea if this is a good thing or not at the moment (still trying to digest TheInvestor2's comments).
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It's a bit annoying, it would be better broken down into pc, imaginary retrospective pc, data charges and transaction charges. At the moment it doesn't show your lifetime net profit at all which is a shame.
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Yeah, well, I can't imagine that whatever is included in your "other charges" should be included when you calculate your "Lifetime commission generated to gross profits ratio". Just "commission generated" divided by "Gross PL". (Correct me if I'm wrong!)
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I've just worked out that my Premium Charge (on the portal page) minus Other Charges is equal to the actual amount that I have recorded as paying PC.
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So now I think I know what TheInvestor2 was saying - thanks for that.
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Mr Anderson, the other charges are used for just that and they include charges that haven't been made.
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So, catflaqpo, it is Commission Generated+Other Chargres/Gross PL?
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The problem is that theoretical past premium charges instead of being consistently in the "Other Charges" have been split between "Other Charges" and "Premium Charges Paid" for PC3 payers, making it essential to maintain cumulative real totals yourself.
If it was split correctly as someone suggested above, it would be far more useful. |
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And why haven't they updated it yet?
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dave b, it is for me but if you've paid pc it will be Commission Generated+Other Chargres + Premium Charges/Gross PL?
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Cat, I think you have misunderstood what Dave wants to know. He doesn't want to know his total charges % (that's in plain text in the portal), but if he's at risk for having to pay 50 or 60% PC once he has won 250k.
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Yes it is, sorry if I misunderstood, I thought he was just trying to figure out how the figure was arrived at.
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Yes it is, sorry if I misunderstood, I thought he was just trying to figure out how the figure was arrived at.
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Forum developers: if you receive identical successive posts from the same user you can ignore all but the first :/
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Thanks cat, Mr A and Investor - much appreciated for your help.
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Oh well, time to email them again.
If it gets boring for us sending one email a week, surely it gets boring for them receiving dozens |
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Apparently the database is not available until tomorrow! Not had that one before
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What are they playing at? Honestly, how can a database which belongs to them be unavailable to them?
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its updated eventually
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the database is not available until tomorrow!
-------- make something up, throw in a semi-technical term. textbook. |
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Credit where credit is due, allready updated this week !!!!
Must be some kind of record ? |
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Anyone got a link as mine is not working at all
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https://premiumcharge.betfair.com/PremiumPortal/portal
Not working for me either. |
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https://account.betfair.com/regpay-myaccount/premiumcharge/summary.html
try this link , working ok for me . |
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Cheers lucky31 that one works
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Thanks, that one works for me too.
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Had a losing week Eddie, probably explains it
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ttt for the link
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Not updated again. Service is getting worse !!!
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ttt for the link
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https://account.betfair.com/regpay-myaccount/premiumcharge/summary.html
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Thanks, wish I hadn't looked though..... :(
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