New Posts For Thread: Premium Charge Confusionhttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusionCan anyone answer me this. I've tried speaking to BF on phone and live chat and to say they are useless is giving them to much credit.Last week i didn't work, just had 3 tiny bets. I paid £2.30 + £0.27 + £2.41 in commission totally £4.98.The amouCommission generated = (Commission + Implied Commission) ÷ 2where Implied Commission = market losses x 3% We divide by 2 because otherwise we’d be counting each pound of commission twiceFound it. What crap, if you never have market losses you basihttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555864093#555864093Commission generated = (Commission + Implied Commission) ÷ 2where Implied Commission = market losses x 3% We divide by 2 because otherwise we’d be counting each pound of commission twiceFound it. What crap, if you never have market losses you basiMon, 29 Oct 2018 15:15:27 -0500thanks Dave. +3% of losses and devided by 2? Wheres that come from, ive not seen that anywherehttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555864043#555864043thanks Dave. +3% of losses and devided by 2? Wheres that come from, ive not seen that anywhereMon, 29 Oct 2018 15:07:04 -0500As i understand it at 20%, i won £110.44 gross profit. i paid £4.98 commission. That means i should have to paid £17.11 (£110.44 x 0.2 = £22.08 - £4.98 = £17.11). Like i say, the amounts are tiny and irrelevant but the maths doesn't add uphttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555864015#555864015As i understand it at 20%, i won £110.44 gross profit. i paid £4.98 commission. That means i should have to paid £17.11 (£110.44 x 0.2 = £22.08 - £4.98 = £17.11). Like i say, the amounts are tiny and irrelevant but the maths doesn't add upMon, 29 Oct 2018 15:05:30 -0500(actual commish + 3% of losses) /2lose morehttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555863957#555863957(actual commish + 3% of losses) /2lose moreMon, 29 Oct 2018 15:00:01 -0500nohttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555863953#555863953noMon, 29 Oct 2018 14:59:55 -0500Thanks Delta, care to give a reason as to why?https://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555863951#555863951Thanks Delta, care to give a reason as to why?Mon, 29 Oct 2018 14:59:37 -0500yeshttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555863947#555863947yesMon, 29 Oct 2018 14:58:34 -0500Can anyone answer me this. I've tried speaking to BF on phone and live chat and to say they are useless is giving them to much credit.Last week i didn't work, just had 3 tiny bets. I paid £2.30 + £0.27 + £2.41 in commission totally £4.98.The amouhttps://community.betfair.com/horse_racing/go/thread/view/94102/31462573/premium-charge-confusion?post_id=555863891#555863891Can anyone answer me this. I've tried speaking to BF on phone and live chat and to say they are useless is giving them to much credit.Last week i didn't work, just had 3 tiny bets. I paid £2.30 + £0.27 + £2.41 in commission totally £4.98.The amouMon, 29 Oct 2018 14:49:16 -0500