Commission rate

[wizardofmann]

The commission rate shown on my BA page does not show the correct rate. it is lower than the rate shown on my Betfair account!

Any ideas why please?

[Graham]

Have you possibly been logged in to BA since yesterday? If you have, and you haven't loaded a new market, your commission rate may have changed today as a result of weekly points decay.

If that's the case, load a new market, and you will see the commission rate change on BA.

If it's not the case, then ignore me completeley!

[milfor]

For me BA shows 5% like always. In the meantime Betunfair has raised it for
many countries they don't like above 5% but BA doesn't seem to know that.
So BA shows wrong commission rates to a lot of people.

[MarkRussell]

Hi,

Betfair have not amended the API data feed to show the new commission figures.
Hopefully this will be addressed in the next gen API.

Regards,
Mark

[wizardofmann]

Thanks for that Mark............but

I have been on Betfair's chat line and this is the calculation for wotking out the commission. If ones discount rate is say 6% and commission is 5% then it's like this:-

6% divided by 100 = 0.06 x 5% = 0.03%

It's hardly worth having!

[wizardofmann]

Oops!

I forgot to add the last bit......

Therefore one pays commission of 4.7%!