Specific PC question.

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Specific PC question.

Postby N Counter » Thu Sep 27, 2012 10:17 pm

I'm interested in people's opinions on a specific premium charge question.

As part of the PC explanation Betfair state: Customers will be charged the lesser of " The difference between 20% of the previous week's gross profits and the total charges generated during the week; and the difference between 20% of gross profits during the life time of account."

Let's say that a trader has been charged PC for some time and then he generates charges that mean that his total charges amount to more than 20% of life time gross profits (not with a single win). Could it be argued that Betfair should now adjust back to 20% even if this means crediting previously charged PC back into his account?

I know that Betfair will say no but I wonder if it could be argued legally?
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Postby flogger » Sat Sep 29, 2012 8:05 pm

At first glance you can. But just think that BF has loads of lawyers on their payroll. I bet they already know every angle coming.

I don't think it's worth it.
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Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.