Hi,


From my understanding, the loosing bets commision as well as the actuall commision payed is added together.

Also it is gross profit they are talking about, so if you win 110,000 and you turned over (lost) 100,000 then your gross profit is 10,000.

Chances are that the general betting person has payed well in excess of the 20% by the time they grind the 10% POT that is ilustrated there.

Those that will be effected are those that have limited bets exceding 250 per year but have a high strike rate ...... I think that those are unfairly tagreted and perhaps arent supposed to be. In this situation the edge of Betfair over even best TOTE is definitely given away through the extra payment of percent.

The explanation on Betfair is rather hard to understand, I cant find any other posts that explain it better and I think that it has been badly handeled.

If you have any links that explain or answer questions from concearned punters please post them here thanks.

Michal