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General Betting
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These 2082 comments are related to the topic:
THE PREMIUM CHARGE MUST BE SCRAPPED
THE PREMIUM CHARGE MUST BE SCRAPPED
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Having read it again,I agree with you curlywurly.
Week 1 you pay no PC but get a rebate. |
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Got to get this losses thing clarified before this afternoon
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Others on Twitter are saying they've also been told that losses DO count towards PC calc.
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After Wednesday's football I had about £700 profit not covered by
commission generated.No plans to have any futher bets this week. The choice is bank £420 or place £700 bets on Rugby until I pick a loser. |
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They have obviously chosen a 'minor' sport to see how the experiment goes. Clearly, they couldn't start with football or racing.
They say it is part of a general review of the pricing/commission structure. I'd expect a big initial jump in rugby turnover as people churn/arb/try to lose here and win elsewhere. Whether the increase is maintained until next June is another matter. |
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Half price bets on Rugby for PC payers on winning weeks. Sounds like a win win for PC payers and rugby market liquidity.
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It certainly has potential.
Say you're £5k up on the week - whack it all on rugby and take the opposite bet elsewhere. If betfair bet wins, no damage done. If betfair bet loses, happy days. Hopefully, the d@q will crank up their in-house bots on rugby. |
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I can't believe they're going to offset rugby losses against PC but not count wins for it. That's not far short of scrapping it completely.
I'd get that double checked. |
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That can't be right can it ? Where's the hitch ??
Everybody will pile into the Rugby Union markets to try to offset the P/C for the week by backing the opposite result with other firms/exchanges.........some will succeed  |
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if the MO markets are efficient, they wouldn't even need to arb elsewhere. they'd just need to bet against each other.
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DOUBLED
When: 22 Aug 13 16:52 Joined: Date Joined: 15 Feb 03 | Topic/replies: 888 | Blogger: DOUBLED's blog even monkey something changes by end of 2013 Nap landed  |
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Northampton Saints at 1.05 tonight is proving popular
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nice arb against the sportsbook too
if they let you get more than £2 on that is |
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ok haha that didnt last long
they are learning |
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Just to confirm this no PC on Rugby Union starts from Monday 30th ?
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BF matched - £105k - **** - 5k - clearly working BF!
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There must be a catch.
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So it's already started the no PC on rugby ?
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Yes frames. Currie Cup SS4
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Can't see it in the rules ,any link please ?
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Betfred and **** are 1.062 - FWIW
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boyle sports
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1.05 to lay at the other place too.
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Just read your thread on the Rugby forum 1.01.have you had the e-mail ?
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http://markiverson.com/premium-charge-exempt/
Just found this confirming what you say.You might think they would e-mail everyone about it. |
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That's my understanding too, Nigel. Got mine today.
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Not had one myself.
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E-mailed initially to those who have paid the premium charge on rugby.
Other PC payers will receive notification soon, probably via the 'PC newsletter' |
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not me. mind you, been a while since I paid it.
it's hard to believe they've thought the implications of this through. |
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Well turned over 8% of this market and not bet on Rugby union much before
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If a large amount of PC payers use it as a way of reducing liability then I can't see how Betfair won't lose out hence my scepticism. It would take alot of 'new' money to balance out the PC losses.
I've had no email, don't bet on rugby and have no idea what the PC newsletter is! I'll see how it turns out before getting involved. |
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Don't remember ever betting on rugby but do pay the PC.
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A few hundred? I'd be trying to save £200 every week and I'm not on the higher rates or a big hitter.
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Spoke to the "helpdesk" and he was under the impression it stated last Monday.
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Started.
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