I said it doesnt matter if your overall generated is 11 or 40% didnt I, noone sane would stay below 10% generated anyway.deestar wrote: ↑Sat Jul 31, 2021 10:46 amNot exactly. Because at PC2 they calculate your base rate before Other Changes. So if your base is less than 5% you pay 60%, between 5-10, 50% and only over 10% do you pay the 40%.rik wrote: ↑Fri Jul 30, 2021 7:53 pmNot really? Section „other charges“ makes up the difference to 40% anyway so going forward it doesnt matter if your 40% baseline is made up of actual paid commission or other charges.Euler wrote: ↑Fri Jul 30, 2021 4:49 pmBetfair should have introduced it on all activities going forward. Instead, they made it on your lifetime profits, of which mine was substantial after 11 years in the market.
My commission paid % was under 5% when it was introduced, so I would have to make up over 35% on all my profits prior to its introduction. Which is more or less impossible.
If from now on you are generating > 40% you wont pay a cent regardless if your overall generated is 11% or 40
My point was Peter saying you have to make up 35% difference from 11 years of previous betting to avoid premium charge which I dont think is true, you simply have to generate more than 40% going forward otherwise youll pay the difference to 40.
Im on 26% overall generated and had periods of dropping out as „other charges“ would bump my percentage to 41 or 42.
You cant really expext Betfair to say you got 250k allowance from the day of premium charge was introduced, and the premise wouldnt change anyway, you still would have to generate more than 40% going forward it doesnt make a difference.