30th January 2020, 08:29 PM
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Member
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Join Date: Aug 2010
Posts: 1,037
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Quote:
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Originally Posted by UselessBettor
Once premium charge comes in its a little different. The commission on a race to race basis no longer matters as its 20%-60% of your gross profit. It took me a while to get my head around it but before you pay premium charge basically on a race to race basis the commission you pay is important. It can turn a winning system into a losing system. But once you have to pay premium charge its no longer a concern. You are paying 20% regardless. So just take 20% commission on total profit and that is all you need to care about.
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I have no idea how the premium charge works and will, most likely, never get there. For us laypeople how does this work if they take 20% from you? How can they justify that? It seems an awful lot of greed on their part.
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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”
― Earl Nightingale
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