8th February 2014, 03:21 PM
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Member
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Join Date: Jan 1970
Posts: 4,365
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Astonishing!!!
Dear XXX,
At Betfair you always get the best possible products and services. To ensure you continue to get a premium experience, we are increasing the base commission rate on Betfair Exchange markets in your country to 6.5% from January 30th.
You can of course continue to earn significant discounts of up to 60% on this commission rate through the Betfair points system. A full explanation of how your commission is calculated can be found at Betfair Learning.
This rate increase does not apply to any promotional markets with a fixed commission rate.
Thank you for your continued business and good luck with your future betting at Betfair.
Yours sincerely,
Betfair Customer Service
Note this is aside from any levy or premium charge.
Here's a quote from the Betfair forum....
i read betfair on twitter yesterday, when asked about how this might affect liquidity, they tweeted that do not expect the increases to affect liquidity.
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