Betting Exchange Commision Fees

Betfair

Betfair charges a Commission on your net winnings on a market. If you have a net loss on a market you do not pay commission.

Commission is calculated by multiplying your net winnings by the Market Base Rate (MBR), as shown on the Rules tab of each market. For example, if you win £100 on a market with an MBR of 5%, you will pay £5 in commission. However you can earn discounts from this rate for betting more.

The size of this discount, or your Discount Rate, is determined by the number of Betfair Points you have accrued on your account. Betfair Points are earned in proportion to your betting activity: the more you bet, the more points you accrue, and therefore the greater your Discount Rate. Please note that your Discount Rate will be capped at 20% until you have completed Betfair's Know Your Customer requirements.

You earn Betfair Points every time you bet on a market. You will earn 1 point for every 10 pence of commission paid (if you have net winnings) or implied commission (if you have a net loss). Betfair Points are awarded equally whether you win or lose.

Example:
You have net winnings in a market of £400.
The Market Base Rate is 5%.
Your current Discount Rate is 40%.
Therefore the commission you pay is £12 (£400 x 5% x (1-40%)).
You earn 120 Betfair Points.

For the purpose of calculating Betfair Points your commission or implied commission on a market is rebased to British Pounds at the time of settlement.

Your Discount Rate is calculated from your current Betfair Points every week. This occurs at midnight (GMT) every Sunday using the table below:

Betfair Points		Discount Rate
From	To
0	999	0%
1,000	3,999	5%
4,000	6,999	10%
7,000	9,999	15%
10,000	13,999	20%
14,000	18,999	25%
19,000	24,999	30%
25,000	32,999	35%
33,000	43,999	40%
44,000	59,999	45%
60,000	76,999	50%
77,000	99,999	55%
100,000	-	60%

Once your Discount Rate has been calculated, your Betfair Points balance is reduced by 15%. This is known as the Weekly Decay. If you continue to bet at the same level each week, your Discount Rate will remain unchanged. If your Betfair Points at any time imply a higher Discount Rate, you will move to that rate immediately.

Discount Rates are applied at the time of market settlement rather than bet placement. Bear this in mind when betting in long term markets.

If you require any more information please contact the Betfair Exchange

Betdaq

Maximum base rate of 5% for new members

You can bring down your commission rate significantly by earning commission points.

The breakdown of the commission points is below. Remember the more points you earn, the less these changes will affect you. [You earn 1 point for every £25/€40/USD$40 of losses or wins you have on the betdaq exchange.]

At the end of each week (0400 Hrs Monday) the points you have earned in the previous seven days will be added to 85% of your total carried forward from previous use to give a figure that determines your rate for the next seven days.

BETDAQ Commission
Band	Breakdown
5.00%	0
4.75%	50
4.50%	200
4.25%	375
4.00%	575
3.75%	850
3.50%	1200
3.25%	1700
3.00%	2500
2.75%	3500
2.50%	5250
2.25%	7350
2.00%	10750

If you require any more information please contact the Betdaq Exchange

Mansion

On MANSION Sports Exchange, MANSION Buyers (i.e. members who take an existing offer or place an offer that is immediately matched) pay 0% fees of the win amount MANSION Sellers (i.e. members that place an offer that is not immediately matched by an existing inverse offer) pay only 0.5% of the gross win amount per bet.