yes 1% if on 2% plan, for losing markets will always stay at 1,5% no matter your own commission rate.jameegray1 wrote: ↑Thu Oct 24, 2019 6:58 pmIf I may just check this with you guys...
Whilst on 2% commission my "Commission Generated" goes up by 1% of the gross value of all my winning markets and goes up by 1.5% of the gross value of all losing markets.
Therefore if I was to add +£1,000 gross of winning markets and -£1,000 gross of losing markets to my weekly activity this would have the affect of increasing my "Commission Generated" by £25.
Have I got this correct?
on 2% you pay £20 and generate £25 per 1000 won/lost (1000*1% + 1000*1,5%)
5% you will pay £50 generate £40
8% you pay £80 generate £55 per 1000 won/lost (1000*4%+1000*1,5%)
you will pay £30 less total charges including premium charge per 1000 won and lost if choosing the 2 compared to 8% so if your after highest net profit choose 2% even if your certain you will reach premium charge at some point or already on it and certain you won't drop out of it.
Difference in total charges if on premium charge is half the difference of the commission rate difference.
Would only make sense to chose 5 or 8% if your turnover was small enough for the bonuses t outweigh the commission difference.
If your worried about being below 10% lifetime generated take opposing sides in overlapping markets for example over/under correct score. you will end up paying 30something % instead of 40 or even more than 50 total charges.
Or they don't feel comfortable talking about it for one reason or another.
