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Thread: Betfair Commission

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  1. 06/12/2009 22:51 #1
    DireEmblem
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    Betfair Commission

    Hey all,

    I've been totalling up my efforts from this week, and mulling over various thoughts i've had...

    Anyhow to the point, I would like to ask how people deal with BF commission, namely the discount you get with points.

    Atm with any mb'ing or arbing, I evaluate my options using the 5% base rate, and then tru-up at the end of the week, any extra income obtained through my reduced rate of winnings at bf. That way I dont need to update my rate weekly in my records, and concentrate solely on looking for good matches, and finding my next 'new book'...

    The reason i've been mulling over this today is that because i'm basing my decisions on the base rate, I am ignoring some tighter matches, where the reduced commission at bf makes them more 'tasty' - (for lack of a better phrase).

    Does anyone else deal with their bf discount in this fashion?
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  2. 07/12/2009 09:52 #2
    zenmaster
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    If you use ultimatcher its just a case of changing one field you can even change it just for one bet on each match sheet with the override field.

    Like i discussed with you in chat if you can combine liability on a market especially horse races, while this is not something easily done with a float of less than £2000 if you can get 2-4 arbs on each race you are betting on and fully underlay them all if you get a winner not only do you benefit with extra cash at the bookie you also have your commission reduced by a decent margin.
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  3. 07/12/2009 21:14 #3
    hazard
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    i think you should start dutch on asian books...
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  4. 07/12/2009 23:37 #4
    Andy
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    I vary from factoring in 5% usually but it depends which betfair account I am using one is in reality on 4% so i use that for that one. Other times I use betdaq at 3% but only major soccer markets where odds the same as betfair.

    Other times as above I dont factor it in at all if its on an event with multiple liabilities im probably not going to pay it anyway, and also if the bet is less than £100 im unlikely to consider it much its only a fiver and if the money is in betfair then the jobs done and its money well spent.

    So I vary from 5% to 0% consideration of it there is no consistancy it depends on the exact details of that bet.
    Have a plan and stick to it
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