BetBurger | Live and Pre-game surebets
RebelBetting - Turn betting into investing

Betfair commission takes the profit away!

Ask anything about smart gambling
dragosandrei
Gaining experience
Gaining experience
Karma: 3
Posts: 14
Joined: Mon Sep 08, 2014 8:12 pm

Betfair commission takes the profit away!

Sun Sep 21, 2014 1:13 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 edited by dragosandrei on Sun Sep 21, 2014 4:23 pm, edited 1 time in total.
kustef
To become a Pro
To become a ProTo become a ProTo become a Pro
Karma: 26
Posts: 394
Joined: Wed Jan 09, 2013 5:27 pm

Re: Betfair commission takes the profit away!

Sun Sep 21, 2014 4:28 pm

dragosandrei wrote: 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 ..
dragosandrei
Gaining experience
Gaining experience
Karma: 3
Posts: 14
Joined: Mon Sep 08, 2014 8:12 pm

Re: Betfair commission takes the profit away!

Sun Sep 21, 2014 6:08 pm

you just made me happy!
doncht
Gaining experience
Gaining experience
Karma: 3
Posts: 40
Joined: Wed May 14, 2014 12:42 pm

Re: Betfair commission takes the profit away!

Mon Sep 22, 2014 4:23 pm

I just hope that they'd keep this up.

Return to “Newbie's questions”