can someone clarify the commission on betfair exchange ...i was under the impression it was 5% for winning exchange bets and 2% on betfair sp bets ? I have been backing outsiders lately and been using Belfair sp but seems i am getting charged 5%.Also on my betfair rewards one of my options is 5% commission which i thought was the usual rate so not exactly a reward.
It used to be - 5& all round - All Markets (More in some Australian territories) - Less your (usually mostly small discount, based on your Turnover)
Don't know where you have been .......
- But around 2 years ago (of not more) Betfair may have realised they were strangling the Golden Goose - so Offered EVERYBODY - just 2%) Commission on All Markets (except some Australian)
Practically EVERYBODY obviously Opted for the 2% Option ... which meant you forfeited your rights to "Betfair Rewards" - and other spurious Promotions (That, in the vast majority of cases, could
What's a Free Bet, or whatever, once every Pancake Tuesday?
So- Get yourself into your 'My Account' - and SELECT the 2% OPTION
* Somebody will post precise details of how - having read this.
beaky - It used to be - 5& all round - All Markets (More in some Australian territories) - Less your (usually mostly small discount, based on your Turnover)Don't know where you have been ....... - But around 2 years ago (of not more) Betfair may have
^ * ' ...spurious Promotions (That, in the vast majority of cases, could'
- add - Not make-up/compensate for the EXTRA 3% Commission that you would be paying.
What's a Free Bet, or whatever, once every Pancake Tuesday?
^ * ' ...spurious Promotions (That, in the vast majority of cases, could' - add - Not make-up/compensate for the EXTRA 3% Commission that you would be paying. What's a Free Bet, or whatever, once every Pancake Tuesday?
I can never remember a time when SP bets were charged different commission from other Exchange bets.
As onlooker says, on everything bar Australian markets, these days you will be charged a flat 2%, 5% or 8%.
Click on "My Betfair Rewards" in the black menu bar at the top of the site to change which one you pay - I think it takes effect the following calendar month.
"one of my options is 5% commission which i thought was the usual rate so not exactly a reward"
The 5% is not the "reward" - the "reward" is the free bets or free spins or whatever you get as a "reward" for choosing to pay more than the basic 2% commission.
@beakyI can never remember a time when SP bets were charged different commission from other Exchange bets.As onlooker says, on everything bar Australian markets, these days you will be charged a flat 2%, 5% or 8%.Click on "My Betfair Rewards" in the
I have not had pc or laptop for ten years or more so have been restricted to using the app that screen has never shown up on there before the app is ok when out and about but is very restricted dosent even have the forum on it ...anyway thanks again all sorted.
I have not had pc or laptop for ten years or more so have been restricted to using the app that screen has never shown up on there before the app is ok when out and about but is very restricted dosent even have the forum on it ...anyway thanks again
Nothing to do with the thread topic but I am intrigued by "I have not had pc or laptop for ten years or more". I have not been without one for nearly 30 years and I could not be without one. Smartphones are wonderful for having everything with you all the time, but I find them impossibly fiddly for anything serious. So I have to ask - "why?"
@beakyNothing to do with the thread topic but I am intrigued by "I have not had pc or laptop for ten years or more". I have not been without one for nearly 30 years and I could not be without one. Smartphones are wonderful for having everything wit
Nothing dodgy ..when my last pc packed in i got a deal on a ipad from my phone company and have had one ever since. just perfect to put my bets on go to work and keep updated while on the go.
Nothing dodgy ..when my last pc packed in i got a deal on a ipad from my phone company and have had one ever since. just perfect to put my bets on go to work and keep updated while on the go.