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These 210 comments are related to the topic:
premium charges
premium charges
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Replies: 210
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book, by the way, all ways to reduce the payment are unworkable.
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salmon, the profit hike they generated from pc lasted 12 months, their profit once based on year on year results will probably show no further gain, wouldn't surprise me if they had seen a drop in premium charge revenues despite capturing smaller players
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elise i can assure you i am not making assumtions.I pay 20% PC and i am talking through experience.I hover around the 20% mark and when i have a very good week it impacts on me for the next few weeks.
I get what you are saying about finding ways around it etc but i still believe it is wrong. |
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Big Boss - it is often quoted this "if you're smart enough to pay PC you should be smart enough to work out how to negate it" line. However, with respect, not every PC payer has the same circumstances. For instance, do you have a way for a PC payer whose commission rate is 4% to avoid it?
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wee eck,i agree i dont think there is a way around it.
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morally it may be wrong, but factually it is here, so if you go back to what i said, either you do something different or you'll know next tues day how much they will be taking off you
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gerard,your right alot of people put that up with no backing up of their point.
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middleman there are no legitimate ways around non payment of premium charges once one is netted.
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middleman there are no legitimate ways around non payment of premium charges once one is netted.
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Big Boss - it is often quoted this "if you're smart enough to pay PC you should be smart enough to work out how to negate it" line. However, with respect, not every PC payer has the same circumstances. For instance, do you have a way for a PC payer whose commission rate is 4% to avoid it?
this thread quite clearly puts paid to that statement |
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let me be clear both for you guys and the mods / betfair security, we are in no way talking about fraudulently avoiding the pc by opening alternative accounts or any other "rule breaking"
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and that's my last post, book if you cannot do a pm then i'm sorry you need to work your own solutions
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elise, it cannot be done.
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ive asked you how do you pm someone on here ?
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wee eck
From what I've heard there are ways round it which Betfair would consider illegitimate but they wouldn't necessarily be unlawful. |
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Book and kat
The simple reality is that however odious the contrived system they introduce (its complexity is the measure of opportunism IMO) while ever the exchange is of some use then I wouldn't expect litigation against them. Wee ek Are you inferring that all PC payers are ch eats for being deviations from the norm? |
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Points to posters :-
1. Personally, I make consistent weekly profits from my main bets on BF 2. I do not pay PC, never have, never will, based on the lifetime figures on my account 3. I run legitimate systems in tandem to produce commission, based on winning and losing backs and lays |
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Elise, you have mail...
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salmon, this exchange have only got to have a sniff that you are
up to something which is against their code of practice and they freeze your account, where are you then? up shyte creek. |
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And the 4% example Big Boss?
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Clear that you are talking lifetime commission generated to gross profits ratio Elise.
You have to go to "new community" book to pm,found by going to top of page,press "choose startpage" press community press new community. |
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exactly wee eck.
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gerard, 4% PC isn't worth the risk to try to negate paying it
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dustybin. until book put me right I would have bet plenty that all
40-60% premium charge payers had a decided advantage nearly akin to cheating. I reiterate my earlier statement that anyone playing on here strictly on merit paying 40-60% premium charges is imo certifiable. |
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dustybin,i reckon theres plenty of people on here like me,mostly doing sports betting that are in the same boat as me.
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Ergo Big Boss, your "if you're smart enough to pay PC...." comment doesn't stand up does it?
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without giving the game away, the system needs a stream of winning and losing bets to generate commission and loss to counteract it
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sorry meant wee eck
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if you mean arbing,this doesnt work as if the winning bet is on here you would pay more pc on that bet as well.
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Book
I suspect you are correct Increasing turnover (and or risk) where the margin is less than your PC rate is obviously unproductive, which is why simply having bets on faves wouldn't help.( for the poster who suggested it) |
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you dont have to arb book, if all your arbs lose then you will get hit in the gooleys with the PC
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book, with respect if you cant find ways to improve your profits through your undoubted sporting knowledge
then I feel sorry for you, you seem a sound chap, best of luck. |
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thats my point big boss
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theres a guy in leeds. has no marked cards. pays 60%. just plays horses. he is using money from investors. they have to be paid. minimum 2% a week. all investors are very happy.
 purple not much good to him. cant get it all on there |
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freddie dont make me laugh I have a cracked lip.
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a secondary system would need to produce in commission a fifth of your weekly profit
a secondary system would statistically long term generate a small loss over its lifetime the small loss would be over a year a lot lesd than you would pay PC in comparison do i need to go on ? |
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a secondary system would need to produce in commission a fifth of your weekly profit
a secondary system would statistically long term generate a small loss over its lifetime the small loss would be over a year a lot lesd than you would pay PC in comparison do i need to go on ? |
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Its everything the company initially said they stood against
Betfair where winners are welcome How those words have come back to haunt them And for good measure its killing liquidity which is essential for any exchange |
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a mate has seen his bank statments we eck. he has around 50k with him. has a contract too. payments reegular as clock work. hes bbeen with him a few months now.
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