Can confirm that some of us got the offer last month or so, as I've mentioned earlier on page 3.Kai wrote: ↑Fri Sep 06, 2019 10:33 amAfaik it was originally intended only for UK/IRE customers but as of last Tuesday they've apparently extended the offer to Finland, Norway, Croatia, Hungary and Latvia as well. Maybe they'll add more countries in the near future, might be worth asking. Premium Customers should be excluded from the offer by default, while Premium Charge paying customers should still be eligible.
New Betfair Plan
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jamesedwards
- Posts: 2323
- Joined: Wed Nov 21, 2018 6:16 pm
If I may just check this with you guys...
Whilst on 2% commission my "Commission Generated" goes up by 1% of the gross value of all my winning markets and goes up by 1.5% of the gross value of all losing markets.
Therefore if I was to add +£1,000 gross of winning markets and -£1,000 gross of losing markets to my weekly activity this would have the affect of increasing my "Commission Generated" by £25.
Have I got this correct?
Whilst on 2% commission my "Commission Generated" goes up by 1% of the gross value of all my winning markets and goes up by 1.5% of the gross value of all losing markets.
Therefore if I was to add +£1,000 gross of winning markets and -£1,000 gross of losing markets to my weekly activity this would have the affect of increasing my "Commission Generated" by £25.
Have I got this correct?
It doesn't go up by 1%, it is 1% and 1.5% respectively.jameegray1 wrote: ↑Thu Oct 24, 2019 6:58 pmIf I may just check this with you guys...
Whilst on 2% commission my "Commission Generated" goes up by 1% of the gross value of all my winning markets and goes up by 1.5% of the gross value of all losing markets.
Therefore if I was to add +£1,000 gross of winning markets and -£1,000 gross of losing markets to my weekly activity this would have the affect of increasing my "Commission Generated" by £25.
Have I got this correct?
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jamesedwards
- Posts: 2323
- Joined: Wed Nov 21, 2018 6:16 pm
That's what I meant. Thanks. It's so difficult getting one's head around Premium Charge for the first time and planning for the future.Derek27 wrote: ↑Thu Oct 24, 2019 7:25 pmIt doesn't go up by 1%, it is 1% and 1.5% respectively.jameegray1 wrote: ↑Thu Oct 24, 2019 6:58 pmIf I may just check this with you guys...
Whilst on 2% commission my "Commission Generated" goes up by 1% of the gross value of all my winning markets and goes up by 1.5% of the gross value of all losing markets.
Therefore if I was to add +£1,000 gross of winning markets and -£1,000 gross of losing markets to my weekly activity this would have the affect of increasing my "Commission Generated" by £25.
Have I got this correct?
yes 1% if on 2% plan, for losing markets will always stay at 1,5% no matter your own commission rate.jameegray1 wrote: ↑Thu Oct 24, 2019 6:58 pmIf I may just check this with you guys...
Whilst on 2% commission my "Commission Generated" goes up by 1% of the gross value of all my winning markets and goes up by 1.5% of the gross value of all losing markets.
Therefore if I was to add +£1,000 gross of winning markets and -£1,000 gross of losing markets to my weekly activity this would have the affect of increasing my "Commission Generated" by £25.
Have I got this correct?
on 2% you pay £20 and generate £25 per 1000 won/lost (1000*1% + 1000*1,5%)
5% you will pay £50 generate £40
8% you pay £80 generate £55 per 1000 won/lost (1000*4%+1000*1,5%)
you will pay £30 less total charges including premium charge per 1000 won and lost if choosing the 2 compared to 8% so if your after highest net profit choose 2% even if your certain you will reach premium charge at some point or already on it and certain you won't drop out of it.
Difference in total charges if on premium charge is half the difference of the commission rate difference.
Would only make sense to chose 5 or 8% if your turnover was small enough for the bonuses t outweigh the commission difference.
If your worried about being below 10% lifetime generated take opposing sides in overlapping markets for example over/under correct score. you will end up paying 30something % instead of 40 or even more than 50 total charges.
Great question, but nobody seems to know
Or they don't feel comfortable talking about it for one reason or another.-
spreadbetting
- Posts: 3140
- Joined: Sun Jan 31, 2010 8:06 pm
Think Derek's a VIP or Premium Customer, he knows everything I'm sure he'll be along shortly to tell us.
I thought I asked somebody on here what a premium customer is, did a search and couldn't find it. I'd expect a premium customer to tell us what it is.spreadbetting wrote: ↑Fri Oct 25, 2019 2:29 pmThink Derek's a VIP or Premium Customer, he knows everything I'm sure he'll be along shortly to tell us.
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ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Premium customers aren't the sort to be lurking around on a forum like this so unlikely to respond. If you are one you'll know about it, because they'll be taking you out for nice lunches.
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tomallen123
- Posts: 107
- Joined: Mon Nov 01, 2010 1:52 pm
Just got an email saying my betfair plan would be changing from Jan 1st but didn't give any changes.
Not expecting the changes to be positive
Not expecting the changes to be positive
There are premium, VIP, recreational and non-recreational customers.
I'd imagine there are a few premium customers on here. Generally speaking, non-recreational customers with elevated support privileges such as account management. Is how I would describe them.
I'd imagine there are a few premium customers on here. Generally speaking, non-recreational customers with elevated support privileges such as account management. Is how I would describe them.
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ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
I'm not sure about mobile but you can get to your points statement on the website here -> https://myaccount.betfair.com/rewards/p ... d-holidays