General Betting
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Just a word of warning in case betfair come out with a similar system in future.
This is how they calculate the rebate. Assuming 50% pc and ignoring the pennies of comm generated.
Win £1k rugby .....Profit £1k.....PC £500......Rebate £500
Win £1k rugby.....Lose £1k Tennis....Win £1k Football.....Profit £1k......Pc £500.....Rebate £250
Win £1k rugby.....Lose £4k Tennis....Win £4k Football.....Profit £1k......Pc £500.....Rebate £100
So on weeks with lots of activity, you will hardly get anything back.
This is how they calculate the rebate. Assuming 50% pc and ignoring the pennies of comm generated.
Win £1k rugby .....Profit £1k.....PC £500......Rebate £500
Win £1k rugby.....Lose £1k Tennis....Win £1k Football.....Profit £1k......Pc £500.....Rebate £250
Win £1k rugby.....Lose £4k Tennis....Win £4k Football.....Profit £1k......Pc £500.....Rebate £100
So on weeks with lots of activity, you will hardly get anything back.
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That will definitely generate a massive increase in liquidity on here
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What if..........
Lose 3k rugby ... win 4k football  |
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They were told nearly 5 years ago
Date 30/01/2009 To: premiumcharge@betfair.com Dear xxxx A method of averaging premium charges to various bets placed during one week is ultimately a nonsense as determined by the wildly different and insane conclusions it would draw time after time. Hope this helps Kind Regards |