Betfair exchange : New Premium Charge on the way

News, chat and debate about the Betfair betting exchange.
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LinusP
Posts: 1394
Joined: Mon Jul 02, 2012 10:45 pm

Fri Aug 10, 2018 12:01 pm

gstar1975 wrote:
Fri Aug 10, 2018 11:39 am
Another question: What about if you just did straight betting would the PC be different if you managed to make profit just straight betting?
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.

poklius
Posts: 87
Joined: Sun May 17, 2009 11:58 am

Fri Aug 10, 2018 12:25 pm

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.
How does pc allowance work?

Grinderman
Posts: 20
Joined: Sun Mar 08, 2015 2:44 pm

Fri Aug 10, 2018 12:26 pm

Anyone on here actually done it? Closed their account, had a couple of years off, then opened a new one?

Derek27
Posts: 2588
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Fri Aug 10, 2018 3:56 pm

Grinderman wrote:
Fri Aug 10, 2018 11:20 am
Hyperthetical question. Does anyone know, if you were to close your Betfair account and have a couple of years off, would PC reset if you then opened your new account?
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!

Derek27
Posts: 2588
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Fri Aug 10, 2018 3:59 pm

gstar1975 wrote:
Fri Aug 10, 2018 11:39 am
Another question: What about if you just did straight betting would the PC be different if you managed to make profit just straight betting?
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.

Derek27
Posts: 2588
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Fri Aug 10, 2018 4:42 pm

Grinderman wrote:
Fri Aug 10, 2018 12:26 pm
Anyone on here actually done it? Closed their account, had a couple of years off, then opened a new one?
I'll close my account tonight and report back in a couple of years. ;)

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Kafkaesque
Posts: 334
Joined: Fri Oct 06, 2017 10:20 am

Fri Aug 10, 2018 5:08 pm

Derek27 wrote:
Fri Aug 10, 2018 4:42 pm
Grinderman wrote:
Fri Aug 10, 2018 12:26 pm
Anyone on here actually done it? Closed their account, had a couple of years off, then opened a new one?
I'll close my account tonight and report back in a couple of years. ;)
I guess this is about to happen, eh :lol:

Image

spreadbetting
Posts: 1620
Joined: Sun Jan 31, 2010 8:06 pm

Fri Aug 10, 2018 7:20 pm

poklius wrote:
Fri Aug 10, 2018 12:25 pm
[

How does pc allowance work?
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.

Derek27
Posts: 2588
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Fri Aug 10, 2018 7:21 pm

Kafkaesque wrote:
Fri Aug 10, 2018 5:08 pm
Derek27 wrote:
Fri Aug 10, 2018 4:42 pm
Grinderman wrote:
Fri Aug 10, 2018 12:26 pm
Anyone on here actually done it? Closed their account, had a couple of years off, then opened a new one?
I'll close my account tonight and report back in a couple of years. ;)
I guess this is about to happen, eh :lol:

Image
Thanks, I've just used that image for my desktop wallpaper. :lol:

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