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?

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?

anyway, betfair's forensic team have only had 10 years to link the accounts!

example 2 in the FAQs seems to confirm it.

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?

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.

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.

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 ?

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.

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.

Unless, of course, somehow the other benefits more than make up the difference (unlikely).

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.

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.

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

that would only be applicable if you started week 1 on 100,000.01.

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.