Quote:
Originally Posted by
Hareeba!
in the long run ..... say you have 100 X $100 bets at evens and win 50 of them so have 50 x $100 wins ($5,000) and 50 X $100 ($5,000) losses.
Matchbook charge you $1 for each bet regardless of the result = $100 which is 2% of your $5,000 wins.
Betfair charge you only on your wins ($5,000) @ between 2% minimum ($100) and 5% maximum ($250)
So, if you reckon Betfair's minimum rate is 2%, then so is Matchbook's (when accepting offers)
sorry you went to all this trouble --- this is a nonsense explanation --- apples and oranges as to your comparison to Betfair. Yesterday 06:26 PM
hhsilver, I really would like to know where I went wrong with this. Please let us know.