5th October 2013, 11:53 AM
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Banned
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Join Date: Jan 1970
Posts: 879
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Quote:
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Originally Posted by PaulD01
In order for you to have a commission rate of 4.8% (as you stated) instead of the 6.5% which is the full rate, you must accrue somewhere between 23,000 and 25,999 points PER WEEK as that designates the required 26% discount (6.5 x 0.74= 4.81).
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The way I understand it Paul is that you must maintain a balance of between 23,000 and 25,999 points at the end of each week get the discount you describe above.
So if we say at start of a week we have 25000 points & accumulate 6000 points by betting during the week less 15% weekly decay, our balance at weeks end used to determine our discount rate for the following week is 26350 points. |