Aug 26, 2015 -- 11:38AM, whatdifference wrote:
throwthetelly .... I need someone more eloquent than me to explain properly, but I presume most people are greening up trading all the time so you are very rarely losing , so eventually you hit your threshold and then pay PC , if you are a fast pic player who very rarely has a losing day you will pay PC , but if you are a position taker/gambler then you will have many losses against your wins , so you can win plenty but you will lose plenty also , so can be in profit by a big amount and not pay PC , but will pay a lump of commission relative to your overall profit , that's my best effort at explaining
Thanks for taking time to explain i've a better understanding of it now.
Aug 26, 2015 -- 1:23PM, howard wrote:
In-play terminals in the shops using fast pics ?
There is more chance of me waking up tomorrow with a full head of hair
Aug 26, 2015 -- 1:40PM, jimeen wrote:
Screaming, so you have to lose the bulk of what you win to avoid paying premium charge, that sounds very clever.
no you just need to ensure that at least 20% of your gross winnings are paid in commission. If you are betting odds against and have a 5% roi (considered good in sports betting) you won't pay premium charge at the 20% level. (the 40% charge a different story)
Aug 26, 2015 -- 5:06PM, screaming from beneaththewaves wrote:
Because that's the thread title. And the narrative being spun by Betfair.
Its a merger, they have to allocate shares in the new company. As betfair's total shares are worth less than pp's total shares it can't possibly be 50/50 in the new company. The market thinks that betfair have got the better part of the deal as announced.