Same rules for everyone but you tend to pay a lot of commission (implied and generated) straight betting, its traders which get penalised the most.
News, chat and debate about the Betfair betting exchange.
How does pc allowance work?spreadbetting wrote: ↑Thu Aug 09, 2018 1:32 pm
I got on the pc allowance trial and had my first allowance yesterday , hopefully they'll consider going down the allowance route as the £250k level is very restrictive for any players who've been with them since the start and aren't necessarily making large profits from the exchange.
Extremely unlikely. If they like different accounts that they suspect are being operated by the same entity they will certainly like the accounts of the same person!
You basically pay PC if you lose less than £75 for every £100 that you win, depending on commission rate. Straight gambling usually has a fairly slim ROI so few gamblers would have a high enough win to lose ratio to be affected by PC.
Bit like the way you get a personal allowance for income tax, you just get a weekly allowance before they start to charge your account, so say you had a weekly allowance of £500 and your PC charges came to £400 they wouldn't make a deduction, if your pc came to £1000 you'd only be debited £500. Makes a lot more sense than the current method of using a lifetime figure.
Thanks, I've just used that image for my desktop wallpaper.Kafkaesque wrote: ↑Fri Aug 10, 2018 5:08 pmI guess this is about to happen, eh
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