Wednesday, 14 September 2016

Betfair premium charge. It's complicated.

You have to pay extra commissions to Betfair.

When you have:

  • Bet on more than 250 markets
  • Are in profit over the life of your account
  • Have paid less than 20% of your lifetime profit in “total charges”
Explained here by Betfair. So design your bot to cater to keep a history of your bets and try to limit your bets to 250 markets.

Avoiding Betfair''s Premium Charge by Brooke Greville. "Since the introduction of the punitive charge for the most successful players globally, there are some strategies that such players can adopt to minimise their exposure to Betfair’s platform."


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