Premium Charge - Multiple Accounts

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PeterLe
Posts: 3729
Joined: Wed Apr 15, 2009 3:19 pm

Hi
I have two betfair usernames and accounts.
One of the accounts has a fair size bank; the other about 500 in it...

When the dreaded PC charge is taken each Wednesday, will betfair always take the money out the account with the most funds in automatically (Which is my preference and seems to be the default) , or do you have to instruct them to do so??
I haven't really used the smaller account for some time but going forward I will be using them equally
Thanks
Peter
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mugsgame
Posts: 1235
Joined: Wed Mar 25, 2009 11:41 pm

Peter,
i am guessing the first account you opened is the "Master account" in their eyes. It might be worth asking them and seeing if you have an option.

When I wake up on Wednesday I always have a feeling in my stomach like someone has burgled my garage. Then I realise Betfair are about to sneak in and rob me. Even though it happens every week I still get the same feeling.
PeterLe
Posts: 3729
Joined: Wed Apr 15, 2009 3:19 pm

ha ha ! I know what you mean! :D
Mind you; I wish I was only paying 20% Tax on my day job (not to mention NI)!
It's not a master account as such (master accounts are for the big operators, dont think even Peter has a master account?)

Anyway, I should know tomorrow; thanks MG
Regards
Peter
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Euler
Posts: 26472
Joined: Wed Nov 10, 2010 1:39 pm

Betfair still take the PC from my main account despite the fact I change accounts often. So I actually end up running up a negative balance on that account each week. I've asked them to keep it the same as it makes it an easy way to work out how badly I am getting fleeced each week. Unless you request or they move it, it should always come from your main account.
PeterLe
Posts: 3729
Joined: Wed Apr 15, 2009 3:19 pm

OK thanks
It would be interesting to see how much they would let that account go into debt..what would happen for instance if it accrued into a LARGE negative sum and you were to withdraw all your money from the other in profit accounts..anyway I guess that's just a hypothetical question!

...and knowing Betfair hey may ask you for the interested that could have been earned on that negative sum! :D
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Euler
Posts: 26472
Joined: Wed Nov 10, 2010 1:39 pm

I have run up large debts on my primary account and you very quickly get a phone call.
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