The calculator outputs the amount with which you have to perform the final operation in order to have one and the same return in all possible cases. Formulas. where. A B - back Enter the commission charged by the exchange! Betfair Commission Discount. Betfair reward your loyalty in using them by awarding Betfair Points. These points accumulate and, if you earn enough, will result in a discount being applied to the base 5% commision rate. You can earn points every time you use the exchange, win or lose. We reward you with Betfair Points when you win or lose on the Betfair Exchange. When do I pay Commission? Betfair charges Commission only on your net winnings on a market. You do not pay commission on losing bets. How much Commision do I pay? This is how it is calculated: Commission = Net Winnings x Market Base Rate x (100%-Discount Rate). For customers in the UK, TSE Malta LP is licensed and regulated by the Gambling Commission, Licence Number: 000-039561-R-319411-005. Correspondence Address: Triq il-Kappillan Mifsud, St. Venera 4.1 This section only applies to the Betfair Exchange. 4.2 Betfair charges a Commission on your net winnings on a market. If you have a net loss on a market you do not pay commission. 4.3 Commission is calculated by multiplying your net winnings by the Market Base Rate. From this we will, for customers based in most countries, apply a discount. The calculator shows you that you should lay £329.72 at 2.20 on Betfair to guarantee a profit of £26.23. Of course, if you're going to be backing the selection with a fixed odds bookmaker, you'd need to change the Commission for the Back Stake to 0.00% . Betfair Commission is the only charge that the majority of customers on Betfair will ever have to pay. Each market that you bet on has a Market Base Rate (MBR). This Rate is the maximum percentage of your winnings that you will pay in commission. Licence Number: MGA/CL2/294/2006 12 March 2013, and for customers in the UK, licensed and regulated by the Gambling Commission, Licence Number: 000-039439-R-319330-007. More Betfair My Betfair Rewards Betfair Calculator Easily calculate your back and lay odds on betting exchange sites such as Betfair, Betdaq and WBX. Betting on betting exchange websites such as Betfair and Betdaq is a doddle. Their sports markets include football, horse races, american football and tennis and can all be wagered on with ease. Betfair Points is a reward scheme for using the Betfair Exchange. Points are used to decide how much commission is charged to customers when they win. Both winning and losing bets placed on the exchange qualify for points and the more points, the less commission is charged.
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