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* actually scrap that
It’s been years since I bothered looking and remembered they add market average on the losses before dividing it….which would make it close to streaming’s % ‘Implied’ or some other ethereal language. They still take out more from you than you keep in the above example, having taken all the risk. |
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They still use gross profit though in the calculation to determine whether you qualify for PC, which itself contains the commission they take from your winnings you never see.
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if you pay 20% pc you need to turn over 1700% of your net winnings..
ie net win £100 you'd need to win £900 and lose £800 to avoid paying pc. |
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best in the business if hes a backer in the last 2-3f and winning every week..i tip my hat.
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(on blv)
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I'm a backer, £5 and £10's, have a pre back override at 3 set at all times and a lay at 2.2, I never f&nny around mid race wondering whether to ask for fanciful prices and then wonder why I don't get matched, my thinking is that I'm good (lucky)enough over time to hit enough of the bigger prices anyway.
Profits come predominantly through the turf flat season, never paid a penny in PC. As I said, the vast majority of what I win comes in a 6 month period with the jumps season happy just to get through anywhere near even, perhaps that keeps me away from PC, 3 mile small field slow motion races are harder to catch anything in for me. My total charges is 22.83% and it's been hovering around 22 for years. |
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Question - can you have (say) 10 winning weeks & one losing week regularly and not pay the PC?
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only the week you dont win
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Lee Ho Fooks 25 Oct 21 14:28
Question - can you have (say) 10 winning weeks & one losing week regularly and not pay the PC? simply depends solely on turnover. |
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Thanks
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Question - can you have (say) 10 winning weeks & one losing week regularly and not pay the
re that scenario.if you are paying pc and have 10 winning weeks where your charges are less than 20% then you will pay pc..if you then for eg lose £1000..you can then win £1000 without incurring pc. everyone in the forum wins and non pay pc..not sure where i went wrong ![]() |
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It was when it happened to someone who's not paying PC that I was wondering about. I seem to remember that at one time you could have a losing week after a number of winning ones and that would strike off the winning ones with regard to PC (but I could be wrong).
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no cos its dealt with on a week by week basis..if u won £1000 a week for 10 weeks you'd pay £200 (-charges) then if you lost £10,000 you can win that before pc is reapplied.
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