Betfair also offer a customer incentive scheme,
with the rate depending on how much you use the site.
Commission structure at Betfair
With Betfair, the more you
bet, the less you pay. Betfair’s customer commission structure is based on a
sliding scale, with the lowest rate being 2%, and the top rate being 5%. The
level is allocated weekly, and the more you bet then the less you pay. At
Betfair, users will get commission points each time they place a bet. These
points are earned from your net profit or loss, with a rate of 1 point per £25
profit or loss.
Points system explained
The more points you get
then the lower your commission rate will be, with rates calculated weekly on
Sunday evenings. However, the commission level is calculated over a much longer
period of time. Basically, the points from the current week matter more than
points from previous weeks, and the further you go back then the less important
they become. This means that your commission level can go up and down, depending
on your pattern of use. Commission gets charged at the rate at the time of
settlement, not at the time the best way made. You can see from your account the
amount of commission you have been charged for each individual bet.
