General Betting
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Is there such a thing where you can input your relevant details from the PC portal, add your current commission, etc, and then enter amounts for winning and losing markets for a week to see how much PC needs paying in said week?
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Replies: 12
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Don't think so, bf were bring this feature to the myaccount section about 3 years ago. If your okay at excel you can make your own.
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dave b, if you have all them details, you should be able to figure it out in less than a minute yourself, using a calculator.
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if u count ur betfair points it gives u a general idea
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I suggested that the statement facility should include a Premium Charge only option just as there is a data charges only option.
It seems to have fallen on stoney ground. Basically, Betfair want the Premium Charge to appear both exotic in its complications and as low profile as possible in order not to show new customers that if you dare to win you are treated no better by Betfair than you are by any other bookmaker. |
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Always thought it would be too complicated to work it out properly. I'll have another look at PC 'rules' and get cracking on Excel. I thought it might be useful to simulate different strategies, such as churning, to help reduce PC. Or is that avoidance?
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I've written a program if you want it
It doesn't work for partially settled markets, but otherwise it's fine. (it calculates PC based on your account statement for the week) it is straight forward enough to do with a calculator if your commission rate is static during a week, but a royal pain if it's not. |
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That's very decent of you DStyle, thanks. Should I message you?
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i am a 40% PC but have not paid it for a while
in the portal i am currently on 41.09% as a rough guide would it be 1.09% of my gross P&l i can win with no losses before i am back in it ? |
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No, it will be that 1.09 % multiplied with 10/4 which gives you 2.725 %.
And this is without commisssion, so without any losing markets, you can win slightly more than 2.725 % of your gross P&L before PC kicks in again. |
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"...... in order not to show new customers that if you dare to win you are treated no better by Betfair than you are by any other bookmaker."
totally agree and how different to the ethos of betfair in the early days. |
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I'm on 20.1% Think I might soon be paying premium charge!
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thanks eddie
a bit more than i thought then before the axe falls |