If you trade overnight dont forget that the trading week runs until 1am on monday now we are on BST.Naffman wrote: ↑Mon Apr 07, 2025 4:50 pmThankyou Jamesjamesedwards wrote: ↑Mon Apr 07, 2025 2:14 pmEF calculator.xlsx
Drop market line by line results downloaded from the P&L page into cells from A5. Adjust EF rate in cell G2. EF calculated in cell H2, correct within a few pence.
Assumes all markets are 2% commission rate.
I had to reduce the file down to 1000 rows to attach here, so be sure to extend if necessary.
Betfair Expert fee : Questions
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jamesedwards
- Posts: 3916
- Joined: Wed Nov 21, 2018 6:16 pm
Hi all,
Sorry this may already be answered in the thread but not easy to search for. I find myself in the sweetest of sweet spots earning just enough to maintain beneath the Expert Fee threshold via manual trading methods as and when I get chance. I'm conscious i've had a couple of good weeks and trying to understand the situation i'm in to ensure I avoid unnecessary fees where possible.
If my 52 Week Gross PnL is shown on the Expert Fee section as £24,070.91 and my PnL 52 weeks ago (hovering over the chart) was £223.89. Does that mean I could theoretically this week win £25,000 - (£24,070.91-£223.89) before hitting Expert Fee (£1,152.98)?
AND if so
Am I charged 20% on the weeks' PnL or just that amount which exceeds the £25,000 threshold?
TIA!
Sorry this may already be answered in the thread but not easy to search for. I find myself in the sweetest of sweet spots earning just enough to maintain beneath the Expert Fee threshold via manual trading methods as and when I get chance. I'm conscious i've had a couple of good weeks and trying to understand the situation i'm in to ensure I avoid unnecessary fees where possible.
If my 52 Week Gross PnL is shown on the Expert Fee section as £24,070.91 and my PnL 52 weeks ago (hovering over the chart) was £223.89. Does that mean I could theoretically this week win £25,000 - (£24,070.91-£223.89) before hitting Expert Fee (£1,152.98)?
AND if so
Am I charged 20% on the weeks' PnL or just that amount which exceeds the £25,000 threshold?
TIA!
The 52 week P&L will show how much you have made over 52 active weeks, so I'm not sure what you are comparing here.
You should be able to see a buffer that has been accrued before you pay. That should be on the dashboard as well.
Here is the data I was using. My Buffer amount has never shown anything.
You do not have the required permissions to view the files attached to this post.
So, roughly £930 of further profit can be earned in the current 52‑week window before the account even becomes eligible for the Expert Fee.
After you clear that line the rate switches to 20 %, but any fee is still offset by the commission you generate and by any buffer you build up. With the present commission level – about 5.7 % of weekly profit – you would typically have room for another ~£3 k of profit before any potential debit occurs. But a lot depends on your strike rate and commission generated. But tipping over £25k won't mean an instant charge as the buffer will be created including commission you have generated to get there.
After you clear that line the rate switches to 20 %, but any fee is still offset by the commission you generate and by any buffer you build up. With the present commission level – about 5.7 % of weekly profit – you would typically have room for another ~£3 k of profit before any potential debit occurs. But a lot depends on your strike rate and commission generated. But tipping over £25k won't mean an instant charge as the buffer will be created including commission you have generated to get there.
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jamesedwards
- Posts: 3916
- Joined: Wed Nov 21, 2018 6:16 pm
Don't limit yourself to save 20%. You will stay below £25k forever when who knows what future opportunity you might be throwing away? You only need to get past about £30k before your profit becomes incremental again. You could be getting £50k in a couple of years and you'll never know your true potential.
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jamesedwards
- Posts: 3916
- Joined: Wed Nov 21, 2018 6:16 pm
I think if you cross a threshold due to activity in week 1 then the new fee rate applies from week 2.
Also if you've never paid expert fee or premium charge before there is a grace week where your first charge is waived.
