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grrrrrowl
24 Jan 13 11:49
Joined:
Date Joined: 29 Oct 04
| Topic/replies: 4,582 | Blogger: grrrrrowl's blog
I just ask as I met some scandinavian guys at a Betfair hosted event and they were completely oblivious to the premium charge
Pause • Switch to Standard View Is the Premium Charge UK only?
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Report 1.01 Layer • January 24, 2013 12:02 PM GMT
If it is, I'm moving Laugh
Report siwaadupa • January 24, 2013 12:14 PM GMT
PC is Everywhere.
Report Eddie the eagle • January 24, 2013 2:29 PM GMT
Only place I know of to avoid PC is Ireland Wink
Report PittsburghPhil • January 24, 2013 2:41 PM GMT
Your Scandinavian friends must be losers.

That's the easiest way to avoid PC ... be a loser.

It works for me Cry
Report TheVis • January 24, 2013 4:07 PM GMT
.....or alternatively very large market makers which the PC was designed not to hit
Report viva el presidente! • January 24, 2013 7:50 PM GMT
yes - "scandinavian" may be the giveaway. swedish, were they?
Report grrrrrowl • January 24, 2013 11:02 PM GMT
Yes they were Swedish. It's not the fact they have never been charged PC, it's more the fact they had never even heard of it. The guy from Betfair actually said he thought the PC was UK only which I was astounded at!
Report Eddie the eagle • January 25, 2013 9:17 AM GMT
The guy from Betfair actually said he thought the PC was UK only
  Just another proof of ignorant Betfair staff.
Report Templeton Peck • January 25, 2013 9:22 AM GMT
Some are beating around the bush here.  Did they have anything to do with this mob?

http://www.bettingpromotion.se/

I'm assuming they'd have at least heard of the PC, but they get special treatment and don't pay PC as we do.
Report nigelpm1 • January 25, 2013 9:29 AM GMT

Jan 24, 2013 -- 4:07PM, TheVis wrote:


.....or alternatively very large market makers which the PC was designed not to hit


how does this work?

Report Templeton Peck • January 25, 2013 9:33 AM GMT
niglepm1, here's an example: http://www.bettingpromotion.se/index.php?option=com_content&view=article&id=1&Itemid=10&lang=en

Also interesting to note their share price is just 1/4 of what it was five years ago, although there could be a whole host of reasons why this is.

http://www.bloomberg.com/quote/BETT:SS/chart
Report grrrrrowl • January 25, 2013 5:45 PM GMT

Jan 25, 2013 -- 9:22AM, Templeton Peck wrote:

Some are beating around the bush here.  Did they have anything to do with this mob?http://www.bettingpromotion.se/I'm assuming they'd have at least heard of the PC, but they get special treatment and don't pay PC as we do.


As far as I know they were just regular punters who were there just like me. And to make it clear.... they had never heard of PC.... I'm not talking about the various loopholes or any kind of waiver.

Report viva el presidente! • January 25, 2013 7:53 PM GMT
what was the event and who was it for?
Report grrrrrowl • January 25, 2013 10:05 PM GMT
it was just that NBA promotion thingy last week at the O2
Report bf_fananatic • January 25, 2013 11:52 PM GMT
In case you British bird brains haven't worked out why the Swedish folk havent heard of the PC charge
it just might be because the Premium Charge only effects members that make profits from core sports
and not poker or casino as our foreign friends are probably poker players, I forgive the Presidate for
making this obvious mistake as I understand he shines with less candles but drips his wax everywhere he goes....
Report grrrrrowl • January 26, 2013 8:46 AM GMT

Jan 25, 2013 -- 11:52PM, bf_fananatic wrote:

In case you British bird brains haven't worked out why the Swedish folk havent heard of the PC chargeit just might be because the Premium Charge only effects members that make profits from core sportsand not poker or casino as our foreign friends are probably poker players, I forgive the Presidate formaking this obvious mistake as I understand he shines with less candles but drips his wax everywhere he goes....


For one.... to have won those NBA tickets you would have to have been betting on American sports at the very least. Secondly, these guys mainly bet on football. There's no real sense in them not having heard of PC, I guess this is why I'm so surprised!

Report atom burns • January 27, 2013 8:30 PM GMT
usa = no  pc hear          you get 3% cash back over hear  the over is bad
Report swedsil • January 29, 2013 6:34 AM GMT
YES we pay PC2 in sweden, same same.Cry I do and I know 4 persons more that also pay
Report TheVis • January 29, 2013 12:59 PM GMT
nigel pm

".....or alternatively very large market makers which the PC was designed not to hit"

The PC doesn't hit BFs large market makers as they have a massive turnover and work to very small margins and pay a large %age in profits on commission even at 2%.  They designed the charge so as not to frighten these players off who are crucial to the site.
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