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!
Betfair commission takes the profit away!
- dragosandrei
- Gaining experience
- Karma: 3
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Betfair commission takes the profit away!
Last edited by dragosandrei on Sun Sep 21, 2014 4:23 pm, edited 1 time in total.
- kustef
- To become a Pro
- Karma: 26
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Re: Betfair commission takes the profit away!
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 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!
- dragosandrei
- Gaining experience
- Karma: 3
- doncht
- Gaining experience
- Karma: 3