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DixiEnormus
13 Jan 25 12:09
Joined:
Date Joined: 18 Jul 18
| Topic/replies: 730 | Blogger: DixiEnormus's blog
with the buffer and rate information
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Report jamee1 January 13, 2025 1:09 PM GMT
A larger fee for me this week than it would have been under the previous structure. Sad
Report Lazza7 January 13, 2025 1:19 PM GMT
anyone had it taken out yet?
Report swiftynifty January 13, 2025 1:25 PM GMT
Annoying that the 'My Profit and Loss' in Betting Activity is after tax but the Expert Fee is the Gross figure.

Also they should amend the buffer to display the amount you can win in the following week before moving up to 40% rate, (ie. 100,000 - current gross P/L figure + P/L from week 1, 52 weeks ago)
Report jamee1 January 13, 2025 2:06 PM GMT

Jan 13, 2025 -- 1:19PM, Lazza7 wrote:


anyone had it taken out yet?


No sign yet.

Report Lazza7 January 13, 2025 2:18 PM GMT
9.11 Expert Fees will be deducted from customer accounts weekly (after Monday noon) in relation to the previous week’s activity (Monday to Sunday)

looks like a change from a weds
Report AccessViolation January 14, 2025 10:22 AM GMT
Where do you find the portal please?. I dont appear to have one
Report Latalomne January 14, 2025 10:29 AM GMT
My Account > My Betfair Account > Betting Activity > Expert Fee
Report AccessViolation January 14, 2025 10:41 AM GMT
Thanks Latalomne,
it doesn't seem to exist for me. Is anyone ese having issues?
Report swiftynifty January 14, 2025 11:29 AM GMT
try clicking my profit and loss it takes you to a newish page from where you can scroll down to expert fee.
Report AccessViolation January 14, 2025 12:29 PM GMT
I am unable to navigate to the portal for some reason. If I put the url directly into the browser it works though. For anyone else having this issue the url is
https://myaccount.betfair.com/activity/expert-fee
Report Ghetto Joe January 14, 2025 3:14 PM GMT
Should be under the betting activity tab like other's have said AccessViolation. Surprised it readily available o be honest as they used to restrict the PC pages to the payers so people don't get shocked at the amount of comms they've paid, especially their lifetime comms
Report GoBallistic January 14, 2025 4:06 PM GMT
There were also non-PC payers who could access the PC page (e.g. myself) although I don't know what the criteria were for having access to it.

I had the Expert Fee link appear yesterday but not today. I don't have anything appear in the Buffer box anyway which is all I'm really interested in. There should be a Buffer figure for everyone even if the last 12 months don't justify it (based on data since last PC payment or lifetime data for people who have never paid PC).
Report Jack Bauer "24" January 14, 2025 5:24 PM GMT
The PC portal was only available to those who had gone under 50% total charges so even many long term winners would not have had access.
Report Darlo Bantam January 14, 2025 6:08 PM GMT

Jan 14, 2025 -- 10:41AM, AccessViolation wrote:


Thanks Latalomne,it doesn't seem to exist for me. Is anyone ese having issues?


Oddly I can't see it either. Though it appears on the drop down list if I'm on "My Profit and Loss".

Not that I'm paying it any more.

Report CLYDEBANK29 January 14, 2025 10:04 PM GMT
I qualified for it just.  I think if you made £10k one week, and that bought you up to a 52 week total of £25,000 then you would pay up to 19% (£1.9k) extra in Expert fees on the £10k you won that week.  But if you were to win £9,999 that week bringing your 52 week total to £24,999, you'd pay nothing.  They are extreme figures ofc, and I don't know if that is right at all, but in the rules and how the page is displayed that is how it looks.
Report swiftynifty January 15, 2025 12:00 AM GMT
I'm reading it that the fee is set for the following week, regardless of how you do in that week. It states the date range and the fee rate.

Obviously if that win pushed you over a threshold the following week's rate would be higher.
Report Angela Rebecchi January 15, 2025 4:00 AM GMT
Would be good to get clarity on it.
Report swiftynifty January 15, 2025 10:57 AM GMT
The calculation is done from Monday to Sunday of every week. Thus, for next week's debit it is being calculated based on information from this week (which is still being calculated up until Sunday). Thus, once the week completes, if the threshold is exceeded, it is a possibility for the rate to change. Below you can find more information on this:

https://betting.betfair.com/betfair-announcements/exchange-news/the-betfair-exchange-expert-fee-faq-111224-6.html

That's what they told me which i still don't think clarifies it!
Report Latalomne January 15, 2025 11:17 AM GMT
The link clearly states that they calculate the rate at the start of the week.

Surely if it was going to be applied to the "current" week, it would say they calculate the rate at the end of the week?
Report Latalomne January 15, 2025 11:18 AM GMT
*it being a change based on your activity within the "current" week.
Report CLYDEBANK29 January 15, 2025 12:48 PM GMT
mine does say the fee rate "next week" will be 20%, so that does suggest if I was below £25k at the start of the week and won a bundle in the current week taking me over £25k it wouldn't apply to the bundle I won in the current week.
Report 11kv January 15, 2025 5:43 PM GMT
Tech error try again later
Report Rico-Dangleflaps January 15, 2025 8:42 PM GMT
old acc binned 10yr ago cos was going on 40%..logged on,gross p&l £2 fee rate 0%

Confused
Report CagliariG January 15, 2025 8:52 PM GMT
Strange or convenient Shafter being as you frequently claimed to have only one account and never tell lies?
Report Rico-Dangleflaps January 15, 2025 8:55 PM GMT
highlight 1 lie ive ever told...

in the meanwhile i'll post 3 crackers you have.
Report CagliariG January 15, 2025 8:58 PM GMT
Do your worst Shafter because there are none, you on the other hand would struggle to find a single truth you ever posted. You must have been distracted when I predicted this exact scenario, you are a joke laughing stock the likes of which this Forum has never seen, makes Fraudy look believable!!
Report Rico-Dangleflaps January 15, 2025 9:13 PM GMT
highlight 1 lie ive ever told...

hurry up.
Report CagliariG January 15, 2025 9:15 PM GMT
Start with lifetime portals if you wish, every one a lie!!
Report CagliariG January 15, 2025 9:16 PM GMT
Demanding P & Ls then posting templates!!!  Where do you want me to stop?
Report CagliariG January 15, 2025 9:17 PM GMT
Gas Bill? Photographs of real time accounts?
Report Rico-Dangleflaps January 15, 2025 9:19 PM GMT
In 2024, Tobymugaryliar from the Betfair forum was named the world's biggest liar after telling a story about how he was crowned King of the Betfair Forum.
This accolade was achieved after he claimed to have caught 2 x 250lb tuna,coincidentally the same 2 tuna an Italian gentleman caught and verified.
He also claimed to have laid City of Troy for £155,000 but still claimed a £11,000 prophet on the event.
Often claims he's +862 LSP despite retiring from the Div 2 comp when in 22nd plaice.
He also claims to have for sale a betting cistern for £600,000 with offers welcome.


4 lies that were oscar nominated...and wonders why he's the forum laughing stock.. #WAC
Report CagliariG January 15, 2025 9:22 PM GMT
Thank you Shafter, you just proved what we all know, you are incapable of a truthful post!!!
Report CagliariG January 15, 2025 9:24 PM GMT
I was going to mention all the bets you laid and lost and never paid but the world knows you are a con man and not a very good one TBH!!!
Report CagliariG January 15, 2025 9:33 PM GMT
BTW did I mention that I am in the UK for a few weeks having arrived last Friday to bring our dog for treatment as a last resort? She was sadly put to sleep at 1632 hrs today with no options left. Fortunately it will not be a completely futile trip as the Shafter character was easily found via former colleagues.

So good news that I will finally meet this character who owes many and will collect as much as legally possible and permitted, I am sure you will rest easy to get that monster off your back Rico?

Consider it a service and you are welcome if it helps you move on?
Report CagliariG January 15, 2025 9:37 PM GMT
To put your mind at rest btw Rico, relax because shafter thinks you reside in Wallsend!!
Report Rico-Dangleflaps January 15, 2025 9:42 PM GMT
no vets in Sardinia?
Report CagliariG January 15, 2025 9:47 PM GMT
Such a comedian, then again you have no empathy for humans and would not do anything to help one let alone do the best for your pet.

Give it up Rico, leave for all time otherwise it will make you ill, ask Shafter if you doubt the wisdom, not hard to disabuse him of Wallsend btw!!!
Report Angela Rebecchi January 15, 2025 9:50 PM GMT

Jan 15, 2025 -- 12:48PM, CLYDEBANK29 wrote:


mine does say the fee rate "next week" will be 20%, so that does suggest if I was below £25k at the start of the week and won a bundle in the current week taking me over £25k it wouldn't apply to the bundle I won in the current week.


I was under the impression that it depends if you've ever paid PC before. If you have, then you would pay this fee straight away (even if you were below the threshold starting the week), but if you haven't, then you get the week fee free. Anyone got clarity on this?

Report Rico-Dangleflaps January 15, 2025 10:21 PM GMT
just a supposition but surely if you started this week on +£1000 last 52 weeks and won £25,000 this week you cant be expected to pay 20% of the £25,000? it must have to be what your last 52 weeks profit is at the beginning of that week?
Report Rico-Dangleflaps January 15, 2025 10:23 PM GMT
an old acc binned 10yr ago cos was going on 40%..logged on,gross p&l £2 fee rate 0%..so obv isnt last 52 rolling weeks.
Report Rico-Dangleflaps January 15, 2025 10:23 PM GMT
just a supposition but surely if you started this week on +£1000 last 52 weeks and won £25,000 this week you cant be expected to pay 20% of the £25,000? it must have to be what your last 52 weeks profit is at the beginning of that week?
Report CagliariG January 15, 2025 10:42 PM GMT
FFS stop digging Rico, you have been clueless since the change was announced and knew none of it affected you anyway. Tried to re-invent yourself as a pre race ratings expert but failed miserably but continued to troll, you reap what you sow!!
Report Angela Rebecchi January 15, 2025 10:55 PM GMT

Jan 15, 2025 -- 10:21PM, Rico-Dangleflaps wrote:


just a supposition but surely if you started this week on +£1000 last 52 weeks and won £25,000 this week you cant be expected to pay 20% of the £25,000? it must have to be what your last 52 weeks profit is at the beginning of that week?


What happens if I qualified for Premium Charge in the past?
If you have previously qualified for Premium Charge but no longer meet the criteria for the Expert Fee, you will automatically be moved to the 0% rate.

If you have previously qualified for Premium Charge and do meet the criteria for the Expert Fee, you will automatically be moved onto the Expert Fee pricing structure from 6th Jan 2025. You will not receive further notification via email.

Any first week goodwill reversal and higher rate grace periods will not apply if these were availed of during the time the Premium Charge was in effect.

Report Angela Rebecchi January 15, 2025 10:55 PM GMT
https://betting.betfair.com/betfair-announcements/exchange-news/the-betfair-...
Report CagliariG January 15, 2025 11:06 PM GMT
Does anyone wonder he has lost £4 MIL + rather than won the £3 MIL he used as as tool to bully here?

As predicted years ago he is broke, not only of money but credibility for anything that requires honesty or even a scooby about gambling!!

Anybody owed anything by the Shafter scum, let us know on here or PM, including Rico, it will be collected if there are any funds or assets left, legally know we know the Shafter is not a Wallsend resident.

Glad Rico can rest in peace without the Shafter character being a threat to him, what say you Rico?
Report swiftynifty January 15, 2025 11:16 PM GMT
rico , doesn't the last 52 weeks graph show you the action? maybe you lost that year on that account.
Report swiftynifty January 15, 2025 11:19 PM GMT
anyway, betfair's forensic team have only had 10 years to link the accounts!
Report swiftynifty January 15, 2025 11:20 PM GMT
Rico-Dangleflaps • January 15, 2025 10:23 PM GMT
just a supposition but surely if you started this week on +£1000 last 52 weeks and won £25,000 this week you cant be expected to pay 20% of the £25,000? it must have to be what your last 52 weeks profit is at the beginning of that week?


I'm thinking not, it clearly states your rate in the date period.
Report swiftynifty January 16, 2025 11:22 AM GMT
example 2 in the FAQs seems to confirm it.
Report Rico-Dangleflaps January 16, 2025 1:18 PM GMT
swiftynifty 15 Jan 25 23:16 
rico , doesn't the last 52 weeks graph show you the action? maybe you lost that year on that account.


not mine swift..a former office companion..opened old occ..he rarely had a losing week...never used for bout 10yr..acc portal now showing p&l £2 and expert fee 0%.
Report Rico-Dangleflaps January 16, 2025 1:19 PM GMT
swiftynifty 15 Jan 25 23:20 
Rico-Dangleflaps • January 15, 2025 10:23 PM GMT
just a supposition but surely if you started this week on +£1000 last 52 weeks and won £25,000 this week you cant be expected to pay 20% of the £25,000? it must have to be what your last 52 weeks profit is at the beginning of that week?

I'm thinking not, it clearly states your rate in the date period.


so if a brand new acc this monday won £26,000 on tues, next week £5200 would be deducted?
Report jamee1 January 16, 2025 3:44 PM GMT
so if a brand new acc this monday won £26,000 on tues, next week £5200 would be deducted?

I think the answer is yes, (as long as lifetime >100 markets traded).

As per Swifty's post, example 2 makes it clear that the fee is based on the last 52 active weeks up to and including the week immediately preceding charge day. If so then the "Next week fee rate" section is misleading as the fee rate may change during the week based on profit/loss.
Report jamee1 January 16, 2025 3:46 PM GMT
Report swiftynifty January 16, 2025 4:02 PM GMT
week 2 started out on 20%, even though won £5000 to go over the threshold still only paid £1000 in comm/expert fee combined so 20%, rate rise taking effect the following week(3).
Report jamee1 January 16, 2025 4:46 PM GMT

Jan 16, 2025 -- 4:02PM, swiftynifty wrote:


week 2 started out on 20%, even though won £5000 to go over the threshold still only paid £1000 in comm/expert fee combined so 20%, rate rise taking effect the following week(3).


I see what you're saying.

So they set your rate for the coming week at the start of that week based on the last 52 active weeks?

Therefore in Rico's example the new account holder winning £26k would not pay any fee that week, but would start paying 20% on any gross profits from the following week.

Report jamee1 January 16, 2025 4:49 PM GMT
...assuming they remained above £25k gross and have traded 100 markets.
Report brentford January 16, 2025 4:54 PM GMT
try clicking my profit and loss it takes you to a newish page from where you can scroll down to expert fee.

cheers for that swiftynifty...couldn't work out why it was coming and going at times.
Report Rico-Dangleflaps January 16, 2025 5:00 PM GMT
wd rico.
Report Angela Rebecchi January 17, 2025 3:54 AM GMT
If you have previously qualified for Premium Charge and do meet the criteria for the Expert Fee, you will automatically be moved onto the Expert Fee pricing structure from 6th Jan 2025. You will not receive further notification via email.

Any first week goodwill reversal and higher rate grace periods will not apply if these were availed of during the time the Premium Charge was in effect.
Report DixiEnormus January 20, 2025 12:23 PM GMT
1ST day of expert fee payment (not taken my fee yet)
Report jamee1 January 20, 2025 12:26 PM GMT

Jan 20, 2025 -- 12:23PM, DixiEnormus wrote:


1ST day of expert fee payment (not taken my fee yet)


First day was last monday. Expert Fee payment was taken around 5pm.

Report Rico-Dangleflaps January 20, 2025 12:44 PM GMT
DixiEnormus 20 Jan 25 12:23 
1ST day of expert fee payment (not taken my fee yet)

wast last monday yfdsc.
Report DixiEnormus January 20, 2025 2:51 PM GMT
Say for example you are on 20% expert fee each week,   is it still optimal to be on the 2% flat rate each race then pay the fee ?  Is going on the 8% flat rate then paying the fee a disadvantage ?
Report jamee1 January 20, 2025 3:00 PM GMT

Jan 20, 2025 -- 2:51PM, DixiEnormus wrote:


Say for example you are on 20% expert fee each week,

Report jamee1 January 20, 2025 3:00 PM GMT
Unlikely unless you win in almost every market, because you only get half of 2.5% implied commission on losses no matter which commission rate you are on. You'd have to model your specific numbers.
Report swiftynifty January 20, 2025 3:06 PM GMT
I would say paying 8% makes no sense if you then go on to having a losing week, but with the buffer system the expert fee will balance out the fees paid over time, so maybe more about the other benefits from which rate you choose.
Report Rico-Dangleflaps January 20, 2025 3:18 PM GMT
0n 8% com rate
   won £5000 no losing bets
   gross profit                  = 5000 x 8% = £400               
   net profit                    = 4600
   8% com                        = £400
   charges (5000 x 8%)           = 400 wins
   no losers                     =  0
   total                         = 400/2 = £200
   net p&l                       = 4600
   gross p&l                     = 5000
   5000 x 40% PC                 = 2000 -200 charges = £1800 PC
   net                           = 4600 -1800 PC
   net profit                    = £2800 on week


   on 8% com rate
   net profit £4360              = £8000 winning bet  £3000 losing bet
   gross profit                  = 8000 x 8% = £640
   net profit                    = 4360
   winning bets total for com    = 8000
   winning 5000 + losing 3000    = 8000 x 8% = £640
   charges (8000 x 8%)           = 640 wins   
   losers  (3000 x 3%)           =  90 losers
   total charges                 = 730/2 = £365
   net p&l                       = 4360
   gross p&l                     = 5000
   5000 x 40% PC                 = 2000 -365 charges = £1635 PC
   net                           = 4360 -1635 PC
   net profit                    = £2725 on week


   on 2% com rate
   won £5000 no losing bets
   gross profit                   = 5000 x 2% = £100
   net profit                     = 4900
   2% com                         = £100
   charges (5000 x 2%)            = 100 wins
   no losers                      =   0
   total                          = 100/2 = £50
   net p&l                        = 4900
   gross p&l                      = 5000
   5000 x 40% PC                  = 2000 -50 charges = £1950 PC
   net                            = 5000 -1950
   net profit                     = 3050 on week

   on 2% com rate
   net profit £4840              = £8000 winning bet  £3000 losing bet
   gross profit                  = £8000 x 2% = £160
   net profit                    = 4840
   winning bets total for com    = 8000
   winning 5000 + losing 3000    = 8000 x 2% = £160
   charges (8000 x 2%)           = 160 wins   
   losers  (3000 x 3%)           =  90 losers
   total charges                 = 250/2 = £125
   net p&l                       = 4840
   gross p&l                     = 5000
   5000 x 40% PC                 = 2000 -125 charges = £1875 PC
   net                           = 4840 -1875
   net profit                    = £2965 on week

this was before expert fee began.
Report jamee1 January 20, 2025 3:19 PM GMT
Even if you win in every market you're still worse off because you lose 4% of your gross profit (half of your 8% commission) in commission generated, whereas if you're paying 2% commission you only lose 1%.
Report jamee1 January 20, 2025 3:20 PM GMT
Unless, of course, somehow the other benefits more than make up the difference (unlikely).
Report DixiEnormus January 20, 2025 3:25 PM GMT
thankyou for the info chaps Love
Report swiftynifty January 21, 2025 7:00 PM GMT
win 150 lose 60 (40%) = 90

win 100 lose 20 (20%) = 80

Half as much work again for only 12.5% extra.

Kind of kills off ambition.
Report swiftynifty January 21, 2025 7:05 PM GMT
win 99,999.99 lose 20 (20%) = 80

win 100,000.01 lose 40 (40%) = 60

crude figures in more ways than one.
Report jamee1 January 21, 2025 7:07 PM GMT

Jan 21, 2025 -- 7:00PM, swiftynifty wrote:


win 150 lose 60 (40%) = 90win 100 lose 20 (20%) = 80Half as much work again for only 12.5% extra.Kind of kills off ambition.


Even worse:

Win 130 lose 52 (40%) = 78
Win 100 lose 20 (20%) = 80

Might as well take the first 3 months off FFS.

Report swiftynifty January 21, 2025 7:11 PM GMT
Maybe they are happy with the 'cap'.
Report Latalomne January 21, 2025 7:24 PM GMT
That had crossed my mind, too, Swifty.  Chances are it's just that in typical modern-day BF style, it's crude because they can't be bothered to do it a better way.
Report swiftynifty January 21, 2025 7:43 PM GMT
definitely a big flaw, any biggish win could mess a few people up. I'm guessing they think it's a way of capping above average winners to keep more  money for the rest.
Report Rico-Dangleflaps January 21, 2025 11:20 PM GMT
win 100,000.01 lose 40 (40%) = 60

that would only be applicable if you started week 1 on 100,000.01.
Report Angela Rebecchi January 27, 2025 3:12 AM GMT

Jan 21, 2025 -- 7:43PM, swiftynifty wrote:


definitely a big flaw, any biggish win could mess a few people up. I'm guessing they think it's a way of capping above average winners to keep more

Report CLYDEBANK29 January 27, 2025 1:16 PM GMT
It is annoying being just above the threshold knowing you'd be better off if you were just below it.  At least 4 more weeks of that unless I lose.  A thing you can do is if you are just above the threshold on Sunday is have a bet at big odds that will bring you just below the threshold if it loses.  But if it wins you win enough to make it worthwhile being above the threshold. 

I'd expect in reality if you were on average hovering around one of the thresholds, the cyclical nature of results would mean you are very unlikely indeed to be just over or just under week after week after week.
Report swiftynifty January 27, 2025 1:50 PM GMT
I thought about the big bet, hedging elsewhere etc but you can't stop it winning and if it wins it pushes you further over the threshold for future weeks so counter-productive. Best plan is take some time off to build a buffer.
Report jamee1 January 27, 2025 1:56 PM GMT
I agree with Swifty. Take a few weeks off to get down to
Report jamee1 January 27, 2025 2:03 PM GMT
I agree with Swifty. Take a few weeks off to get down to
Report jamee1 January 27, 2025 2:04 PM GMT
So weird my posts keep getting truncated Surprised


Report DixiEnormus January 27, 2025 2:09 PM GMT
make sure you have a small bet or lay each week. Do not just have several weeks off you need to be active.
Report jamee1 January 27, 2025 2:14 PM GMT

Jan 27, 2025 -- 2:09PM, DixiEnormus wrote:


make sure you have a small bet or lay each week. Do not just have several weeks off you need to be active.


Absolutely. And commission generated needs to be greater than £0 too.

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