
12th April 2012, 06:39 PM
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Member
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Join Date: Jan 1970
Location: Western Australia
Posts: 3,403
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Quote:
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Originally Posted by garyf
Picked this up on another site.
Tony worked on ten races and as usual won on all of them, but importantly he turned over $16,754 and made a profit of $320 which yielded BF $6.40 Gross Profit on Tony's trades, but because RNSW want 1.5% of the turnover, BF lose $251 from the business.
OK got it!
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Nothing against the guy for finding what works but this is the reason betfair have failed, traders work the market and pay little, that's why they introduced the PC.
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