Betfair Premium - I shouldn't be paying

[ShaunWhite]

If you have a few successful weeks and then start making a lifetime loss, some of your PC allowance will be used up, just like PC payers can end up in a lifetime loss - you don't get your PC back but still get credited for paying it should you get profitable again.

ahhh i see now. I hadn't read/understood that the guy could have used that before going -ve. I thought it has been used in error while in lifetime loss.

With that and the simple PC calc formula you're really schooling me today Derek How about a simple formula for aus commission including dogs/horses, state rate, race types and escalating commission discount rates? I could do with one of those tbh '6 or 7%ish give or take a little bit' works well enough for aus, for me.

[Derek27]

That's what the lockdown does - it gets you thinking.

I use an Access database with a table to hold all the meetings, a linked table for the jurisdiction, and for AUS meetings another lookup that lists all the States, with a field for the commission rate. So if the commission rate changes for a State I just need to change one field. The VBA behind the forms includes points calculation, depreciation and discount rates.

The last time commission rates changed in Australia I had to manually go through each meeting record to make corrections before eventually modifying the database.

[rik]

you must have had at least one good week when starting out initially, you don have to worry about premium charge anytime soon