How is PC calculated on Aus racing profit?

[jamesedwards]

Does the winning part of 'Commission Generated' contribute a value to half of actual commission paid, or half of an assumed 2% commission paid?

With UK racing on the basic 2% commission these would both be the same, but I've been doing some Aussie racing where actual commission paid is around 6%.

[Derek27]

Does the winning part of 'Commission Generated' contribute a value to half of actual commission paid, or half of an assumed 2% commission paid?

With UK racing on the basic 2% commission these would both be the same, but I've been doing some Aussie racing where actual commission paid is around 6%.

Commission is calculated the same for all markets. Half your commission paid counts as commission generated for winning markets and 1.5% of your losses counts for your losing markets.

[jamesedwards]

Does the winning part of 'Commission Generated' contribute a value to half of actual commission paid, or half of an assumed 2% commission paid?

With UK racing on the basic 2% commission these would both be the same, but I've been doing some Aussie racing where actual commission paid is around 6%.

Commission is calculated the same for all markets. Half your commission paid counts as commission generated for winning markets and 1.5% of your losses counts for your losing markets.

So what is 'commission generated' for a winning Aus market gross profit £100 where commission paid was 6% or £6?

Does 'commission generated' for the above winning market contribute 3%/£3, or 1%/£1 towards PC in this example?

[Derek27]

Does the winning part of 'Commission Generated' contribute a value to half of actual commission paid, or half of an assumed 2% commission paid?

With UK racing on the basic 2% commission these would both be the same, but I've been doing some Aussie racing where actual commission paid is around 6%.

Commission is calculated the same for all markets. Half your commission paid counts as commission generated for winning markets and 1.5% of your losses counts for your losing markets.

So what is 'commission generated' for a winning Aus market gross profit £100 where commission paid was 6% or £6?

Does 'commission generated' for the above winning market contribute 3%/£3, or 1%/£1 towards PC in this example?

Commission would amount to £3. PC, assuming you're on 20%, is 20% of your weekly gross profit less commission generated.

[jamesedwards]

Commission is calculated the same for all markets. Half your commission paid counts as commission generated for winning markets and 1.5% of your losses counts for your losing markets.

So what is 'commission generated' for a winning Aus market gross profit £100 where commission paid was 6% or £6?

Does 'commission generated' for the above winning market contribute 3%/£3, or 1%/£1 towards PC in this example?

Commission would amount to £3. PC, assuming you're on 20%, is 20% of your weekly gross profit less commission generated.

Commission would be £6. But would 'Commission Generated' from this market be £3 or £1. ie is it half of the actual commission paid, or half of an assumed 2% commission paid?

[Derek27]

So what is 'commission generated' for a winning Aus market gross profit £100 where commission paid was 6% or £6?

Does 'commission generated' for the above winning market contribute 3%/£3, or 1%/£1 towards PC in this example?

Commission would amount to £3. PC, assuming you're on 20%, is 20% of your weekly gross profit less commission generated.

Commission would be £6. But would 'Commission Generated' from this market be £3 or £1. ie is it half of the actual commission paid, or half of an assumed 2% commission paid?

It would be £3. I've coded my database to calculate commission generated on what you pay and it's always correct to the exact penny. It wouldn't be fair of Betfair to charge you 10% and only credit you for half of 2%.

[Derek27]

If you want to calculate your PC on a market by market basis, see the link below.

viewtopic.php?f=19&t=20849&p=218215#p218215

[ShaunWhite]

For a 2% base rate market
Win £100. Commission paid = £2 and commission generated = £1 (half of your comm)
Lose £100. Commission paid = £0 and commission generated = £1.50 (half of the winners comm assumed to be 3%)

For a 6% base rate market
Win £100. Commission paid = £6 and commission generated = £3 (half of your comm)
Lose £100. Commission paid = £0 and commission generated = £1.50 (half of the winners comm assumed to be 3%)

Its half of your comm, and half of the comm of the people you lost to (but they assume they're on 3%)

So for the 4 markets above you'd pay £8 but generate for the purposes of PC £7.

[jamesedwards]

Got it.

Thanks all.