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Old 29th September 2008, 03:02 PM
jfc jfc is offline
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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Quote:
Originally Posted by The Elk
Hi, this is my first post on this forum so am prepared for all the flack that may fly my way

I get the impression from JFC's comments that the $2,200 allowance is a one off and reduces if any is used, my interpretation is that it is for "each 60 week period"

i.e Period 1-60 week, next week it would apply to week 2-61...etc


Very interesting user name.

Now, having dredged through that material I am so confused that I am prepared to concede that you may be correct about the allowance applying to a rolling 60 week window, instead of only applying initially.

So presumably after 60 weeks are up, for every subsequent week Betfair credits your allowance by ~$37 = (2222/60).

Pity Betfair didn't bother spelling that out to eliminate confusion.

Anyway imagine those who manage to stay completely within the allowance by averaging pre-allowance charges of $37 per week.

From week 61 that changes.

If 50% stay below $37 then they escape charges.

But the other 50% who exceed $37 will get charged!

In essence anyone slightly below the allowance should now start getting charged upon encountering an above-average run.

So the proportion of affected customers will increase.

An important fact that Betfair has failed to disclose.
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