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benalder_
12 Aug 12 09:27
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Date Joined: 23 Dec 02
| Topic/replies: 531 | Blogger: benalder_'s blog
I've not been on betfair for a while but I just checked my statement for yesterday and on some correct score markets I've been charged between 5.11 and 5.33% commission. Presumably another update by them to maximise profits following the premium charge??

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Replies: 7
By:
maas
When: 12 Aug 12 09:37
The round up the pennies, so sometimes it comes out above 5% if its small numbers
By:
Beat The OverRound
When: 12 Aug 12 09:37
It's only taken two plus years for someone else to realise what's going on.
No it doesn't have to be pence or cents, this skim has beem going on for ages and they wash it away with rounding explanation.
By:
maas
When: 12 Aug 12 09:37
i think they started doing it about 2 years ago
By:
Beat The OverRound
When: 12 Aug 12 09:38
maas, that's what everyone says, but when you work it out manually on a spreadsheet, that's not the full extent of it!
By:
maas
When: 12 Aug 12 09:40
i do work it out in a spreadsheet, maybe its different for you.

can you give some examples
By:
Mr.Angry
When: 12 Aug 12 11:55
Yes, it's now 40% or higher.
By:
Trevh
When: 12 Aug 12 18:26
All users have to pay at least 20% commission don't they? The only way around it is if you win a few times then never come back.
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