Betfair Expert fee : Questions

[jamesedwards]

Still not really sure how the buffer is working, paid EF (PC) last week so was back to having no buffer, lost this week but my buffer now for next week is about £1300 higher than my loss + commission, obviously not complaining but just don’t get it.

The buffer is not your charge buffer, it's how much gross profit you can win before charges apply.

[Naffman]

Still not really sure how the buffer is working, paid EF (PC) last week so was back to having no buffer, lost this week but my buffer now for next week is about £1300 higher than my loss + commission, obviously not complaining but just don’t get it.

The buffer is not your charge buffer, it's how much gross profit you can win before charges apply.

Ah right that makes sense, thanks again

[Tuco]

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

anyone else receiving the following message today?

OOPS, SORRY ABOUT THAT
This page doesn't seem to exist.
Please double-check the link address and try again in a couple of minutes.

[tomallen123]

Still having the problem
Glad its not just me!

[Naffman]

Seems to be like that more than half the time, the amount they’re getting from EF you’d think how hard is it

[jamesedwards]

I notice Betfair managed to take my expert fee nice and promptly yesterday afternoon despite still not even now able to view the calculation page for last week.

[libor88]

Hi. If you are in PCH2 level say for a few weeks and then you drop back to PCH1 is there any advantage as you generated much more comission for few weeks ? I mean if bigger commision = bigger buffer when you drop back under 100 000 ?

To make my question easier : Is it much more advantageous to stay strictly under 100 000 level or can I reach say 105 000/year and pay 40 % only for that 5000 above 100 000 ?

Sorry if my explanation is confusing but hope you understand.

L

[Naffman]

Hi. If you are in PCH2 level say for a few weeks and then you drop back to PCH1 is there any advantage as you generated much more comission for few weeks ? I mean if bigger commision = bigger buffer when you drop back under 100 000 ?

To make my question easier : Is it much more advantageous to stay strictly under 100 000 level or can I reach say 105 000/year and pay 40 % only for that 5000 above 100 000 ?

Sorry if my explanation is confusing but hope you understand.

L

You’d pay 40% on the whole £105k so definitely worth staying under £100k if you’re getting close to that mark

[Naffman]

I notice Betfair managed to take my expert fee nice and promptly yesterday afternoon despite still not even now able to view the calculation page for last week.

Oh yes all works fine on their end

[libor88]

Is it right that limit for UK customers is in GBP ( as obvious) and for non -UK is in EUR ? That is quite huge difference to have limit 100 000 GBP or 100 000 EUR.

It is quite confusing because non-UK got email before Christmas, that limits are in EUR, but on Expert Fee page we can see only numbers in GBP.

[Naffman]

Comes out in 3 hours and have no idea what I’m paying

[Euler]

Portal gets updated at 9am

[Naffman]

Portal gets updated at 9am

Didn’t know that, thankyou

[jamesedwards]

Comes out in 3 hours and have no idea what I’m paying

EF 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.

[Naffman]

Comes out in 3 hours and have no idea what I’m paying

EF 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.

Thankyou James