by 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?