Following recent developments, I requested a Premium Charge report from Betfair to show what charges I would have incurred under the new scheme during the the last 60 weeks. Below are the horrific results!
Number of Markets : 438
Over the last 60 weeks I have already paid:
Commission : £1,069.51
Under the new charges I would have paid:
Premium Charge : £2,336.82
Total Charges : £2,972.99
Difference : £1903.48
An unbelievable increase!
Let me make this clear - I'm not a bot user and I don't incur data charges. My only crime is that I'm a winner from backing high and laying low. I'm using the exchange in the way it was designed (to replicate the financial markets) and yet I'm being victimised because I'm successful at it!
No matter what Betfair say - I don't feel welcome.
Difficult to pick anyone of note from the stats this week although they have highlighted the current favourite Charl Schwarzel so I'm just going with him for...