Betfair Expert fee : Questions

[gstar1975]

Is there a link to the complete terms and conditions for this new Expert Fee?

Any small writing we may have missed?

[jamesedwards]

Is there a link to the complete terms and conditions for this new Expert Fee?

Any small writing we may have missed?

Coincidentally I'm delving through it now.

https://www.betfair.com/aboutUs/Betfair ... /#Premium2

[jamesedwards]

Is there a link to the complete terms and conditions for this new Expert Fee?

Any small writing we may have missed?

Here's one for anyone thinking of taking a break to reduce their 52-week gross profit. In addition to having at least one settled bet every week you must also produce a weekly generated commission value greater than £0. So no good putting in a very small value bet or greening up to a very low profit or loss figure.

An Active Week will be considered any Monday – Sunday period in which you have at least one settled bet in a market that fully settles in that week, and your total commission generated is greater than £0.

[jamesedwards]

Is there a link to the complete terms and conditions for this new Expert Fee?

Any small writing we may have missed?

Another interesting one... It is possible for Expert Fee rates to be set outside of the new P&L structure if Betfair want to.

9.18 In circumstances where Betfair is satisfied that any single account has purposely manipulated the terms and conditions in order to avoid or reduce liability for the Expert Fee, or deemed to be engaging in any form of abuse or activity that is detrimental to the Exchange ecosystem, Betfair shall be entitled to notify you that it is suspending your account. Betfair may reactivate your account, subject to reviewing the fee rate and/or commission rate, and Betfair has full discretion to increase your rate where appropriate. Customers will be informed of any changes to their rate. The rate will thereafter be applicable, regardless of a customer’s 52 active week P&L position.

[jamesedwards]

Is there a link to the complete terms and conditions for this new Expert Fee?

Any small writing we may have missed?

I guess this confirms that the rate for the coming week does not include the P&L for that week. eg the rate for week 53 is set in advance, based on the gross P&L from wks1-52.

9.13 Should you qualify for a higher rate in future, then a further notification email will be sent out and a grace period of 1 week given before you are moved to the new higher rate. This will be a one-time goodwill gesture - if you move between fee rates in the future, then the new rate will come into effect from the following week of activity. Email communications will not be sent at this stage, but all changes will be displayed within your account page. Any notification emails and grace periods will not apply if you ever qualified for the higher rate during the time that Premium Charge was in effect.

[Naffman]

Where's it disappeared to then?

[jamesedwards]

Where's it disappeared to then?

For some reason they removed the link from the usual places. It's only been available in the drop-down menu from the newer P&L screen since last week.

Direct link: https://myaccount.betfair.com/activity/expert-fee

[Naffman]

Where's it disappeared to then?

For some reason they removed the link from the usual places. It's only been available in the drop-down menu from the newer P&L screen since last week.

Direct link: https://myaccount.betfair.com/activity/expert-fee

Thanks, but how do I get the 'newer P+L screen'

[jamesedwards]

Where's it disappeared to then?

For some reason they removed the link from the usual places. It's only been available in the drop-down menu from the newer P&L screen since last week.

Direct link: https://myaccount.betfair.com/activity/expert-fee

Thanks, but how do I get the 'newer P+L screen'

https://profitandloss.betfair.com/

[Naffman]

For some reason they removed the link from the usual places. It's only been available in the drop-down menu from the newer P&L screen since last week.

Direct link: https://myaccount.betfair.com/activity/expert-fee

Thanks, but how do I get the 'newer P+L screen'

https://profitandloss.betfair.com/

Thanks again

[herewego]

Hi everyone,
how can someone change his commission plan back to basic (2%) for a Danish account?
The link for this in a UK account "https://myaccount.betfair.com/rewards/my-rewards" is not available for Danish accounts

[jamesedwards]

Hi everyone,
how can someone change his commission plan back to basic (2%) for a Danish account?
The link for this in a UK account "https://myaccount.betfair.com/rewards/my-rewards" is not available for Danish accounts

How about this link? https://myaccount.betfair.com/rewards/my-rewards/choose

Or perhaps 2% rate is nor available in Denmark? viewtopic.php?t=18960

[Naffman]

Is it taken out Monday mid day?

[jamesedwards]

Is it taken out Monday mid day?

5pm ish

[Naffman]

Is it taken out Monday mid day?

5pm ish

Thanks