Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > Horse Race Betting Systems
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #11  
Old 8th August 2011, 02:33 PM
AngryPixie AngryPixie is offline
Member
 
Join Date: Sep 2006
Posts: 1,070
Default Is anybody here paying the Premium charge?

I qualify for the premium charge other than the fact that I'm already paying close to 50% in commission now! Anybody here actually paying the charge or been threatened with it?

Quote:
Originally Posted by Mark
If you're making 2.46% after calculating this way start jumping up and down and cheering.



3.06% after Betfair tax.
__________________
Pixie
"It's worth remembering that profit isn't profit until it's spent off the racecourse." -- Crash

Last edited by AngryPixie : 8th August 2011 at 02:38 PM.
Reply With Quote
  #12  
Old 8th August 2011, 02:41 PM
Mark Mark is offline
Member
 
Join Date: Jan 1970
Location: Qld
Posts: 1,404
Default

Quote:
Originally Posted by Shaun
Mark, so you base your POT on your hold and not your liabilities


Yep. POT......Profit on Turnover.
Reply With Quote
  #13  
Old 8th August 2011, 02:50 PM
Mark Mark is offline
Member
 
Join Date: Jan 1970
Location: Qld
Posts: 1,404
Default

Quote:
Originally Posted by AngryPixie
I qualify for the premium charge other than the fact that I'm already paying close to 50% in commission now! Anybody here actually paying the charge or been threatened with it?


Pixie, email me punt mark at hotmail dot com
Reply With Quote
  #14  
Old 8th August 2011, 04:24 PM
The Ocho The Ocho is offline
Member
 
Join Date: Aug 2010
Posts: 1,037
Default

Quote:
Originally Posted by Chrome Prince
Betfair are simply digging their own grave.
The market is plum for a competitor to come in with something too good to refuse.
Liquidity is the only thing saving them at this point, once liquidity starts to dwindle and similar products offered elsewhere, Betfair will be history.

It's a very sad fact, that something that started so well, had so much potential and revolutionised gambling for the punter, is now facing an agonising death due to greed.

And after they paved the way with High Court challenges, faced so much adversity and became a recognised betting medium, what a waste of a good idea due to the "accountants".

The only problem for us Aussie punters is that other exchanges aren't allowed to operate on the Oz racing. I think Betdaq tried but had to shut the Oz racing down as they are not licensed here.
Reply With Quote
  #15  
Old 8th August 2011, 11:44 PM
Ramraider Ramraider is offline
Member
 
Join Date: Mar 2011
Posts: 3
Default

Quote:
Originally Posted by Chrome Prince
Your real liability is not $30 if laying the field


Yes, you're right there Chrome. You're mind was obviously clearer than mine at that time of night.
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 09:13 AM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655