19th August 2010, 08:10 AM
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Banned
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Join Date: Jan 1970
Posts: 868
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Quote:
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Originally Posted by michaelg
Stugots, your Betfair win divvies totals $476 - I presume this does not include their 5% commission?
If this is the case, then by my calcs Betfair's advantage over the TAB reduces to from 22% to 15.9%, which one would more or less expect after the TAB's 16% take-out. Still, 15.9% advantage is not bad, particularly if one's turnover can reduce Betfairs commission.
However I suppose its not inconceivable that some bookies who offer generous features as outlined by Party might match, and in some cases even be higher than Betfair's prices.
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Micheal, the betfair figure quoted in net of commission, so 22% greater than the tabs after deducting commission.
lomaca, appears we approx bet in the same price range - $5-$20 - & i can appreciate that yes getting the full $200 matched on a $20 shot can be difficult
interesting replies & guess the reality is that betfair is maturing & will take sometime to become the rounded product many desire |