trading exchange

Exchange Commission (Betfair)

The percentage fee deducted from net winnings on Betfair, starting at 5% and varying by market and customer.

Definition

The percentage fee deducted from net winnings on Betfair, starting at 5% and varying by market and customer.

Example

After winning £100 on a matched bet, Betfair deducts £5 commission, leaving £95 net profit.

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Exchange Commission (Betfair) — Betting Glossary | Betmana - Sports Betting