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Flat 2%!
Flat 2%!
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It's no wonder people are skeptical about it all, TBF. Who else remembers their first attempt at a PC 'concession', which would have effectively meant everyone could have a 6/4 punt about an even money shot every Sunday, till the issues with that were highlighted to those running the show and the brakes were applied to it all. They don't have a great record with thinking things through (or retrospectively applying stuff).
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Hi Lata - I hope you are well. Exactly that ^^^^^
It's like deja vu all over again (which makes me very cynical as to what the next "tweek" will be and when it will be "communicated"!) |
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dustybin
03 Oct 19 10:12 Joined: 29 Dec 08 | Topic/replies: 16,792 | Blogger: dustybin's blog The only thing that has observably changed at this point is the commission offerings, everything else remains the same, the tc’s haven’t changed, the portal still shows how the ‘buffer’ exists (but we would have to wait to see if that changes next Monday.....but I doubt it) I think this thread was meant for the non pc smaller players. as pc people got involved it has become a discussion about the pc and its implemtation. but I think dusty is right. nothing in regard of the pc has changed? |
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PANIC OVER.
everything bar the commission rate stays the same.  |
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so what was 'the guy next to you' all on about then?
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If he's got that deal with bf where losses are his but winnings are bf's then he needs to retire
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ive told him so.
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an example of the new deal.
im on 3.5%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is (£1000 -6 x £35 = £210 = £790) implied losses are 5 x £30 = £150 charges that week are £210 + £150/2 = £180 PC £1000 x 40% = £400 -£180 = PC £220 £790 -£220 = £570 net profit. now im on 2%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is (£1000 -6 x £20 = £120 = £880) implied losses are 5 x £30 = £150 charges that week are £120 + £150/2 = £135 PC £1000 x 40% = £400 -£135 = PC £265 £880 -£265 = £615 net profit. |
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1000-(6x35)
B+ |
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You just need to make sure youre not near the threshold to jump up to 50% as you will get there quicker with a base rate 2% commission...doubt many people know where on the scale they are
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an example of the new deal.
im on 3.5%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is (£1000 -(6 x £35) = (£1000 - £210) = £790 implied losses are 5 x £30 = £150 charges that week are £210 + £150/2 = £180 PC £1000 x 40% = (£400 -£180) = PC £220 £790 -£220 = £570 net profit. now im on 2%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is (£1000 -(6 x £20) = (£1000 - £120) = £880 implied losses are 5 x £30 = £150 charges that week are £120 + £150/2 = £135 PC £1000 x 40% = £400 -£135 = PC £265 £880 -£265 = £615 net profit. |
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(£1000 -(6 x £35))
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an example of the new deal.
im on 3.5%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is £1000 -(6 x £35) = (£1000 - £210) = £790 implied losses are 5 x £30 = £150 charges that week are £210 + £150/2 = £180 PC £1000 x 40% = (£400 -£180) = PC £220 £790 -£220 = £570 net profit. now im on 2%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is £1000 -(6 x £20) = (£1000 - £120) = £880 implied losses are 5 x £30 = £150 charges that week are £120 + £150/2 = £135 PC £1000 x 40% = £400 -£135 = PC £265 £880 -£265 = £615 net profit. |
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(210+150)/2
but we splitting hairs good enough |
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an example of the new deal.
im on 3.5%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is £1000 -(6 x £35) = (£1000 - £210) = £790 implied losses are 5 x £30 = £150 charges that week are (£210 + £150)/2 = £180 PC £1000 x 40% = (£400 -£180) = PC £220 £790 -£220 = £570 net profit. now im on 2%..i place 11 x £1000 even money bets..6 win..so,gross win is £1000.. net win is £1000 -(6 x £20) = (£1000 - £120) = £880 implied losses are 5 x £30 = £150 charges that week are (£120 + £150)/2 = £135 PC £1000 x 40% = £400 -£135 = PC £265 £880 -£265 = £615 net profit. |
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Ive stopped looking but all very good
Now you see what I was getting at all that time ago regarding the higher the comm rate fixed, the worse deal you get over all due to the difference above market base rate of 3% |
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willie what happens if you place 5 £1000 bets at evens and they all win whats the difference then at your current rate and 2% ?
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Some sharp minds wasted on here.
Could get jobs at NASA. |
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willie what happens if you place 5 £1000 bets at evens and they all win whats the difference then at your current rate and 2% ?
old comm rate 3.5% net profit £4825 gross £5000 charges 175/2 = 87.5 pc 5000 x 40% = 2000 -87.5 = 1912.5 = 2912.50 net profit. 2% comm rate net profit 4900 gross 5000 charges 100/2 = 50 pc 5000 x 40% = 2000 -50 = 1950 = 2950 net profit. |
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Yet again they change..but not without having everything satisfactorily aligned to keep the main cogs working their wheel
Purple to respond by going 1%?  |
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FYI Gin
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