there was a betfair promo, based on your betting, you must have hit your target even though you were not watching the promo, think it paid up yesterday
there was a betfair promo, based on your betting, you must have hit your target even though you were not watching the promo, think it paid up yesterday
You earn Betfair Points for every bet you place on the Exchange or Tote.
Unlike a regular bookmaker, your wins and your losses will be recognised at Betfair. Commission will only be taken from your winning bets, but you will be credited with an implied commission from any bet that doesn’t win as well.
To calculate how many Points you earn in a bet, follow these steps:
Multiply your commission rate (average is 5%, so 0.05) by your net winnings or losses in a market. You earn 1 Betfair Point for every 10 pence paid in commission or implied commission. Winning Example 1 Place a winning £10 bet at odds of 3.0, giving you net winnings of £20.
If your commission rate is 5% you will pay £1 in commission on this bet, earning you 10 Betfair Points.
Losing Example 2 Place a losing £10 bet at odds of 3.0, giving you net losses of £10.
If your commission rate is 5% your implied commission is £0.50, earning you 5 Betfair Points.
HOW ARE MY BETFAIR POINTS CALCULATED?You earn Betfair Points for every bet you place on the Exchange or Tote.Unlike a regular bookmaker, your wins and your losses will be recognised at Betfair. Commission will only be taken from your winning bets, bu