New Posts For Thread: premium chargehttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-chargeNot that it is ever likely to affect me due to the fact that I am a recreational/mug punter and in negative PL, can anyone tell what is the lowest amount of life time profit that someone as had to start paying the premium charge. £1000,£2000, £10why have ewe chose 5% comm?https://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=563880337#563880337why have ewe chose 5% comm?Sun, 17 Mar 2024 11:30:20 -0500@macarony"I also dont understand the bit about not paying 20% in charges, thought you pay as you win in my case 5% on every winning bet."So you bet £100 at evens, you win £100, you pay 5% - £5.You bet another £50, it loses.You are now £50 up onhttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=563880299#563880299@macarony"I also dont understand the bit about not paying 20% in charges, thought you pay as you win in my case 5% on every winning bet."So you bet £100 at evens, you win £100, you pay 5% - £5.You bet another £50, it loses.You are now £50 up onSun, 17 Mar 2024 11:14:07 -0500after 250 markets..or a quick 5000 profit. (if your charges are under 20%)https://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=563880049#563880049after 250 markets..or a quick 5000 profit. (if your charges are under 20%)Sun, 17 Mar 2024 09:09:10 -0500only when the PC accounts for 1%-2% of betfairs profits will they get rid of it as share holders profits is all that matters now .betfairs profits rise year on year, it was only the other week they released their profits for 2017 and if i remember thhttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=553724757#553724757only when the PC accounts for 1%-2% of betfairs profits will they get rid of it as share holders profits is all that matters now .betfairs profits rise year on year, it was only the other week they released their profits for 2017 and if i remember thSat, 17 Mar 2018 08:18:07 -0500Yes I am aware of that Elisehttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=553723341#553723341Yes I am aware of that EliseSat, 17 Mar 2018 02:50:28 -0500Remember Eddie the the eagle posting that he would back four to six golfers a week but the liqutidy was not there for the stakes he wanted so he layed golfers that he did not fancy as well.When he hit a bad run he reckoned he had paid most of his prohttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=553723147#553723147Remember Eddie the the eagle posting that he would back four to six golfers a week but the liqutidy was not there for the stakes he wanted so he layed golfers that he did not fancy as well.When he hit a bad run he reckoned he had paid most of his proFri, 16 Mar 2018 23:07:41 -0500introduced PC charge and virtually stopped anyone paying it betting pre race..beggars belief.https://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=553722825#553722825introduced PC charge and virtually stopped anyone paying it betting pre race..beggars belief.Fri, 16 Mar 2018 18:26:40 -0500Going back a few years but i'd be quite sure he posted he couldn't play because of the charge,also possibly he was going to give the daq a try but don't think that materialised, his golf betting brain was so astute all the same,again on memory he wouhttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=553722431#553722431Going back a few years but i'd be quite sure he posted he couldn't play because of the charge,also possibly he was going to give the daq a try but don't think that materialised, his golf betting brain was so astute all the same,again on memory he wouFri, 16 Mar 2018 17:00:58 -0500how could anyone forget eddie or his fantastic win on oosthuizen in 2010.he tried to lay 140+ runners at 102% to take out 100s of thousands but was always left with a book with huge winners and even bigger losers.that strategy was always doomed to fahttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=553722395#553722395how could anyone forget eddie or his fantastic win on oosthuizen in 2010.he tried to lay 140+ runners at 102% to take out 100s of thousands but was always left with a book with huge winners and even bigger losers.that strategy was always doomed to faFri, 16 Mar 2018 16:50:32 -0500PC has basically killed any growth in the exchange, on a slippery slope nowhttps://community.betfair.com/horse_racing/go/thread/view/94102/30996417/premium-charge?post_id=553722279#553722279PC has basically killed any growth in the exchange, on a slippery slope nowFri, 16 Mar 2018 16:23:25 -0500