Comm Charged 5.04% ????

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Comm Charged 5.04% ????

Postby excelhasey » Sun Sep 05, 2010 3:55 pm

Comm Charged 5.04% On Net winnings of GBP5.16

Why have I been charged more than 5% commision rate, I thought this was the maximum ??
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Postby Drunkenight » Sun Sep 05, 2010 5:33 pm

This is just a rounding issue. I pressume they charged you 26p. If they only charged you 25p then it would have been a 4% commission charge. I am not sure how they decide when to round up and when to round down. I agree it would be nice if they never went above 5% and always rounded down in these cases.
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Postby milfor » Sun Sep 05, 2010 9:44 pm

I think they round to the nearest integer.
So 25.8 pence are rounded to 26 pence which is 5.04% of £5.16.
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