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- Commission type for bookmakers
- Bookmaker Clones and Mirrors
- Setting direct links with Sbobet
- Integration with Betfair
- Betting Exchanges: Filtering arbs by minimum value
Commission type for bookmakers
In your Account you can find a new feature to set commission type for bookmakers (Com. type)
There is a possibility to set 2 commission types:
Win commission – commission on your net winnings (or profit)
Bet commission – if the bookmaker charge fee for a wager or if commission is based on the entire return (wager+win), not only profit.
Win commission – commission on your net winnings (or profit)
For example: Com. - 5%. Bet - $100, @1.9, win - $190. Com. is $90*5%=$4,5.
Therefore, the odds considering the commission are @1,855 (100+90*0,95)/100=@1,855
Similar fee is charged by all exchanges (Betfair, Betdaq, Matchbook, Smarkets).
Bet commission
1) if the bookmaker charge fee for a bet.
For example: Com. - 5%. Stake - $100, @1.9, a $100 bet would be charged (100*0,05=$5). Winnings are $95*1,9=$180,5
Therefore, the odds considering the commission are @1,805 (95*1,9/100=1,805)
Similar fee is charged by STS, Fortuna and other Polish bookmakers.
2) if commission is based on the entire return (wager+win), not only profit.
For example: Com. - 5%. Stake - $100, @1.9, win - $190. Com. is $190*5%=$9,5.
Therefore, the odds considering the commission are @1,805 (100+90)*0,95/100=@1,805
Similar fee is charged by Intrerwetten.
Commission can be adjusted in your Account as well as in the surebet calculator.