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	<title>Bet Angel - Betfair trading and betting blog &#187; premium charge</title>
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	<description>Betfair trading and Betdaq trading blog</description>
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		<title>120% Premium charge!</title>
		<link>http://www.betangel.com/blog_wp/2011/12/21/120-premium-charge/</link>
		<comments>http://www.betangel.com/blog_wp/2011/12/21/120-premium-charge/#comments</comments>
		<pubDate>Wed, 21 Dec 2011 13:02:47 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Betfair]]></category>
		<category><![CDATA[betfair]]></category>
		<category><![CDATA[premium charge]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=4801</guid>
		<description><![CDATA[As premium charge payers know it&#8217;s PC day today. What a surprise then to see Betfair have double debited my account. So this week I paid 120% premium charge, ouch! Obviously a mistake, but I suggest all premium charge payers check their account immediately and flag it to Betfair. It looks like everyboyd is affected. [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Good old fashioned gambling</title>
		<link>http://www.betangel.com/blog_wp/2011/09/21/good-old-fashioned-gambling/</link>
		<comments>http://www.betangel.com/blog_wp/2011/09/21/good-old-fashioned-gambling/#comments</comments>
		<pubDate>Wed, 21 Sep 2011 14:47:24 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[gambling]]></category>
		<category><![CDATA[premium charge]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=4454</guid>
		<description><![CDATA[Since Betfair introduced new charges for their most successful customers, me included. I&#8217;ve done a fair bit of work all over the place. Back on Betfair, no matter how easy the opportunity, I can&#8217;t tell you just how difficult it is to actually do something that you know will result in the loss of 60% [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Eye Watering</title>
		<link>http://www.betangel.com/blog_wp/2011/08/25/eye-watering/</link>
		<comments>http://www.betangel.com/blog_wp/2011/08/25/eye-watering/#comments</comments>
		<pubDate>Thu, 25 Aug 2011 14:55:26 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[betdaq]]></category>
		<category><![CDATA[betfair]]></category>
		<category><![CDATA[commission]]></category>
		<category><![CDATA[eye watering]]></category>
		<category><![CDATA[premium charge]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=4358</guid>
		<description><![CDATA[I&#8217;ve been playing around with spreadsheets and a number of other strategies recently. With the increase in commission charges levied against me, I figured it would make sense to look outside my normal activity. While it&#8217;s flattering to know you are better than 99.9% of market participants have ever been, it&#8217;s less flattering to give [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>60%</title>
		<link>http://www.betangel.com/blog_wp/2011/07/18/60/</link>
		<comments>http://www.betangel.com/blog_wp/2011/07/18/60/#comments</comments>
		<pubDate>Mon, 18 Jul 2011 12:08:39 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[betdaq]]></category>
		<category><![CDATA[betfair]]></category>
		<category><![CDATA[betting]]></category>
		<category><![CDATA[commission]]></category>
		<category><![CDATA[premium charge]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=4193</guid>
		<description><![CDATA[On the first day of trading on 22nd October 2010 Betfair shares closed at 1550p. At the time of writing this post the shares are trading at 627p or down nearly 60% from that closing high. How ironic! I don&#8217;t want to feed that hand that bites me, to reverse the common metaphor. So, for [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Lack of liquidity</title>
		<link>http://www.betangel.com/blog_wp/2011/07/06/lack-of-liquidity/</link>
		<comments>http://www.betangel.com/blog_wp/2011/07/06/lack-of-liquidity/#comments</comments>
		<pubDate>Wed, 06 Jul 2011 11:12:18 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[betdaq]]></category>
		<category><![CDATA[betfair]]></category>
		<category><![CDATA[premium charge]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=4141</guid>
		<description><![CDATA[Low matched bet turnover, gappy prices, lack of depth in the market. Yes, I am sure you are familiar with these problems. But I&#8217;m not talking about Betdaq, I am talking about Betfair. Back when Betfair started the markets were pretty thin, but I still saw opportunity in them. As people began to develop techniques [...]]]></description>
		<wfw:commentRss>http://www.betangel.com/blog_wp/2011/07/06/lack-of-liquidity/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Betfair premium charge &amp; earnings soar</title>
		<link>http://www.betangel.com/blog_wp/2011/06/29/betfair-earnings-charges-soar/</link>
		<comments>http://www.betangel.com/blog_wp/2011/06/29/betfair-earnings-charges-soar/#comments</comments>
		<pubDate>Wed, 29 Jun 2011 08:39:54 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[60%]]></category>
		<category><![CDATA[betdaq]]></category>
		<category><![CDATA[betfair]]></category>
		<category><![CDATA[charges]]></category>
		<category><![CDATA[earnings]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[premium charge]]></category>
		<category><![CDATA[results]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=4103</guid>
		<description><![CDATA[As we are all aware now, Betfair pleaded poverty and an imbalanced business model again yesterday, when announcing another new charge. This time hitting consistent earners for up to 60% of their profits. We heard the similar stories for data charges, transaction charges and the premium charge part one and all the other various amendments [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>No alternative?</title>
		<link>http://www.betangel.com/blog_wp/2011/06/28/no-alternative/</link>
		<comments>http://www.betangel.com/blog_wp/2011/06/28/no-alternative/#comments</comments>
		<pubDate>Tue, 28 Jun 2011 21:35:16 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[betdaq]]></category>
		<category><![CDATA[betfair]]></category>
		<category><![CDATA[premium charge]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=4095</guid>
		<description><![CDATA[&#160; &#160;]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Will I make a profit this week?</title>
		<link>http://www.betangel.com/blog_wp/2009/11/12/will-i-make-a-profit-this-week/</link>
		<comments>http://www.betangel.com/blog_wp/2009/11/12/will-i-make-a-profit-this-week/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 06:33:22 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[betfair]]></category>
		<category><![CDATA[premium charge]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=1665</guid>
		<description><![CDATA[Yes and no I guess? Yes I will make a profit, but technically I will right up against the wall, why? Last week with the Melbourne Cup, Breeders Cup, the UK racing and the champions league it was a busy week. This week there isn&#8217;t a great deal on the card. On Wednesday the premium [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>15:10 Leicester &#8211; LOL!</title>
		<link>http://www.betangel.com/blog_wp/2009/10/13/1510-leicester-lol/</link>
		<comments>http://www.betangel.com/blog_wp/2009/10/13/1510-leicester-lol/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 14:37:22 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[premium charge]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=1561</guid>
		<description><![CDATA[]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Premium charge anniversary</title>
		<link>http://www.betangel.com/blog_wp/2009/09/24/premium-charge-anniversary/</link>
		<comments>http://www.betangel.com/blog_wp/2009/09/24/premium-charge-anniversary/#comments</comments>
		<pubDate>Thu, 24 Sep 2009 06:30:46 +0000</pubDate>
		<dc:creator>Peter Webb</dc:creator>
				<category><![CDATA[Bet Angel]]></category>
		<category><![CDATA[premium charge]]></category>

		<guid isPermaLink="false">http://www.betangel.com/blog_wp/?p=1349</guid>
		<description><![CDATA[It seems to have slipped quietly into the background, but in September last year we saw the announcement of the premium charge. After the furore of last year, there seems little fuss to &#8216;celebrate&#8217; the anniversary. Maybe there really are only a few payers of the charge? For my part, Betfair was an easy sell [...]]]></description>
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		<slash:comments>0</slash:comments>
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