New Posts For Thread: Premium charge questionhttps://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-questionOn the Premium Charge page, has the Total Charges already been divided by 2 for the purposes of PC calculation.What I mean is that if total charges are £10k, would you, then be liable for PC when you hit £50k profit,or would the total need to be diyes andriy it is a scam and I would be very surprised if BF's commission income was not a lot higher than the figure represented by commission generated. I'm surprised that a 40%+ charge payer hasn't complained to the OFT.https://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556054471#556054471yes andriy it is a scam and I would be very surprised if BF's commission income was not a lot higher than the figure represented by commission generated. I'm surprised that a 40%+ charge payer hasn't complained to the OFT.Sun, 25 Nov 2018 05:02:00 -0600I think my current charges paid is around 35%. Obviously I have a net profit which is quite a bit lower than my gross profit. I've assumed I won't pay PC unless that figure goes below 20% ( unlikely ) or I make a net profit of £250k overall (highlyhttps://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556054429#556054429I think my current charges paid is around 35%. Obviously I have a net profit which is quite a bit lower than my gross profit. I've assumed I won't pay PC unless that figure goes below 20% ( unlikely ) or I make a net profit of £250k overall (highlySun, 25 Nov 2018 04:52:14 -0600Commission shown in total charges on the portal is the commission generated, not the commission paid; and comm paid is normally higher than that generated, so a bit misleading in telling you how much you've coughed up.https://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556054379#556054379Commission shown in total charges on the portal is the commission generated, not the commission paid; and comm paid is normally higher than that generated, so a bit misleading in telling you how much you've coughed up.Sun, 25 Nov 2018 04:39:13 -0600Yes it's been there for years but I vary between 28 and 40% of winnings paid in commission and will be about 140 before I get over £250k unless I up my stakes or get VERY lucky. Obviously unlike some I have other sources of incomehttps://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556054285#556054285Yes it's been there for years but I vary between 28 and 40% of winnings paid in commission and will be about 140 before I get over £250k unless I up my stakes or get VERY lucky. Obviously unlike some I have other sources of incomeSun, 25 Nov 2018 04:22:33 -0600Does the premium charge tab appear for you salmon? It appears from me when my charges are less than 50% of gross profit. The net profit figure is a good bit higher than the money I've withdrawn, so if you are the same prob about 40 yearshttps://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556054149#556054149Does the premium charge tab appear for you salmon? It appears from me when my charges are less than 50% of gross profit. The net profit figure is a good bit higher than the money I've withdrawn, so if you are the same prob about 40 yearsSun, 25 Nov 2018 03:57:54 -0600I'm safe for about 80 years thenhttps://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556054111#556054111I'm safe for about 80 years thenSun, 25 Nov 2018 03:44:12 -0600thankshttps://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556052765#556052765thanksSat, 24 Nov 2018 16:29:42 -0600yes but you have to win 250,000 net..ie less the charges.https://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556051979#556051979yes but you have to win 250,000 net..ie less the charges.Sat, 24 Nov 2018 15:23:00 -0600ok cheers, so total charges should be 20% of your profits? - if you've not hit the 250k threshold of coursehttps://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556051243#556051243ok cheers, so total charges should be 20% of your profits? - if you've not hit the 250k threshold of courseSat, 24 Nov 2018 14:25:49 -0600no..the total charges are pc and commission added.https://community.betfair.com/horse_racing/go/thread/view/94102/31468395/premium-charge-question?post_id=556051111#556051111no..the total charges are pc and commission added.Sat, 24 Nov 2018 14:10:31 -0600