Fixed rate / premium charge

[rik]

https://www.youtube.com/watch?v=oOEl5Vq ... u.be&t=619

At 10:20 hes talking about paying a fixed rate rather than premium charge, Not quite sure what hes talking about, is this something you would negotiate? Anyone else paying a fixed rate, what would be the incentive for Betfair to allow that? thanks

[Euler]

Fixed-rate is the same as the premium charge, it's just not called it. It's what Betfair should have done from day one for PR purposes.

https://www.betfairtradingblog.com/betf ... -part-one/

[spreadbetting]

........., what would be the incentive for Betfair to allow that? thanks

They do like liquidity providers especially if it's for markets with low liquidity they want to promote.

[tej]

I have been rejected for a fixed rate instead of premium charge,they said that fixed rate is only for people who qualify for higher rates not 20%

is this right? does anyone paying 20% have a fixed rate? TIA

[spreadbetting]

What did you offer them to go on the fixed rate?

[Derek27]

I have been rejected for a fixed rate instead of premium charge,they said that fixed rate is only for people who qualify for higher rates not 20%

is this right? does anyone paying 20% have a fixed rate? TIA

By fixed rate do you mean a fixed fee/amount?

[tej]

What did you offer them to go on the fixed rate?

to pay higher commission every market as opposed to weekly premium charge,

[tej]

I have been rejected for a fixed rate instead of premium charge,they said that fixed rate is only for people who qualify for higher rates not 20%

is this right? does anyone paying 20% have a fixed rate? TIA

By fixed rate do you mean a fixed fee/amount?

higher rate of commission paid per market rather than a weekly charge taken on a wednesday. im aware it is basically the same thing just taken in a different way but better for me mentally rather than a lump amount taken in pc

[mcfc1981]

Got offered this about 2 year ago......
From memory they offered me about 17% fixed rate which they would review every 2/3 month.

wasn't sure if after the 3 month review if I hadn't paid the equivalent of the 40% premium charge in the fixed rate if I would owe Betfair......decided to stick with Premium charge to save the hassle

[spreadbetting]

I'd always assumed the increased fixed rates still went thru the PC calculation as usual on the wednesday just meant you didn't get hit with a lump sum as it'd been spread across the markets. The premium deals seem to be handled manually by a separate pricing team as they get taken off on Wednesday at random times.