Oct 2, 2019 -- 2:33PM, Wesdag wrote:
on that note, anyone know whether implied commission will still be 3%?
That's what I thought. I wonder if this will start a change to the PC calculation process.
Oct 2, 2019 -- 4:38PM, Charlton2005 wrote:
Willie Shafter. 02 Oct 19 21:53 Joined: 15 Jul 04 | Topic/replies: 31,698 | Blogger: Willie Shafter.'s blog bugs bunny 02 Oct 19 20:02 dave i have read the thread and im more confused than before i had , 2 weeks ago i won 2k paid commission at 4% £80 and pc on wed £720 leaving me with 1200 so on my calculator they took 36% on wednesday making it 40% in total thats fact and thats how they rinse me every weekwon £2,000 gross = £80 comm £1,920 net.charges = £80/2 = £40PC = £2,000 x 40% = £800 -£40 = £760PC ..£1,920 - £760PC = £1.160 prophet. amazing that some of you guys make this pay even after 40% comm! a few living legends on here.
Working off 40% or even 60% PC is possible if your game is consistent. If you are making £1k each and every week then you can budget for a £400 weekly charge. If your system loses £2k 75% of the time and wins £10k 25% of the time then you are stuffed.
Oct 2, 2019 -- 5:05PM, Willie Shafter. wrote:
> There is NO carry over or buffer from week to week. If you make loss one week this will have no bearing on the charge in a following profitable week (unless the loss takes you back out of the PC bracket).surely a loss has to take you ovewr the 20% as the PC charges makes sure you are just a fraction under the 20%
The 20% of profit threshold is for LIFETIME COMMISSION not LIFETIME TOTAL CHARGES. PC does NOT count towards the 20%.
Oct 2, 2019 -- 7:15PM, dustybin wrote:
No.You have still got it wrong.The commission to profit is the calculation to determine which level you are on.It’s the same going forward, just a higher amount.You arnt helping you are just adding confusion.
Yeah, got it now. I'll slip back quietly under my stone...