Betfair commission takes the profit away!

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dragosandrei
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dragosandrei

Betfair commission takes the profit away!
« on: September 21, 2014, 02:13:10 PM »

hi,

every time I must  use Betfair to arb it seems a waste of time if the Betfair bet wins( because of the 5% commission...witch is bigger then the arb % itself most of times).... so ...am I missing something here?!

Tthanks! ...I would appreciate any answers!
« Last Edit: September 21, 2014, 05:23:05 PM by dragosandrei » Logged
kustef
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kustef

Re: Betfair commission takes the profit away!
« Reply #1 on: September 21, 2014, 05:28:12 PM »

hi,

every time I must  use Betfair to arb it seems a waste of time if the Betfair bet wins( because of the 5% commission...witch is bigger then the arb % itself most of times).... so ...am I missing something here?!

Tthanks! ...I would appreciate any answers!

you pay 5% from your profit .. If you bet 100 eur with odd 1.5 you win 50 eur and you will pay fee 2.5 euro.. Soon the boss will redirect you to 3.8% commision promotion offered by PT ..
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dragosandrei
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dragosandrei

Re: Betfair commission takes the profit away!
« Reply #2 on: September 21, 2014, 07:08:00 PM »

you just made me happy!
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doncht
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doncht

Re: Betfair commission takes the profit away!
« Reply #3 on: September 22, 2014, 05:23:10 PM »

I just hope that they'd keep this up.
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