2009-10-14

Betfair Premium Charge

Hello,

Here you can see my current Betfair premium charge statement:

pc
I am not yet affected, but if I will have another profitable week like last week, then it could happen, that Betfair will decrease my pre-allowance.

So I assume soon I will be one of the official 0.5% of the Betfair users which have to pay this “Premium” charge.
Yeah, I am so special!  - Ridiculous!

I know there are ways to reduce this charge, but I thought I have more time to work on that.

I am a good example that also non high rollers have to pay this charge.

I am just a small fish, don’t grab my money, Betfair!

Cheers, Loocie

4 comments:

Anonymous said...

"but if I will have another profitable week like last week, then it could happen, "

get real you've got a £1000 allowance, at £8 a week PC it'll take you over 2 years just to use up your allowance.

"I am a good example that also non high rollers have to pay this charge. "

So much crap talked about the PC

Loocie said...

Hi Anonymous,

Thanks for dropping by.
Please quote correctly! I wrote that it could happen, that Betfair will decrease my pre-allowance. I did not wrote about paying premium charge next week.

It is a matter of principle: Betfair wants to have users betting on their system. If they win, they have to pay commission. No Problem with that. But if you are really successful over a longer period you have to pay another charge.

I am only backing once and laying once in a tennis match. So I will not stress their systems like a pre horse trader. So why should I pay this charge? Because I generate more commission for Betfair, when I am using their systems for a longer time?

Cheers, Loocie

Anonymous said...

Betfair punters have got to be idiots,its nearly impossible for them to win.My sister has just opened up a betfair account 2 and a half months ago and betfair wants their 4.2 commision every day and then on the wednesday they want 20% extra. What chance has you poor buggers out there have a chance of winning? Most betfair punters are like sheep and just folliw each other.

I've jacked betfair in and gone to Betdaq.I'm paying 4.4% pre race and in running 2% and how you make the money in running is by putting a price in to lay or back and I'm making good money. Betfair have got people in the country playing on the site for them with betfair money on a commision, they have also got their staff at every track playing in running on a direct feed. My advice to you all is be like me and my sister and get onto Betdaq and hopefully betfair will go out of business.

Anonymous said...

"My sister has just opened up a betfair account 2 and a half months ago and betfair wants their 4.2 commision every day and then on the wednesday they want 20% extra. What chance has you poor buggers out there have a chance of winning?"

The above post is genius, so she has only been on betfair for 2 months but is paying 4.2%....she must be a massive player.....and what chance us poor buggers of actually winning...you only pay the 20% if you are winning, so a good chance I'd say........people who write this kind of drivel really need never worry about premium charges!