Market Base Rates for Sport and International Racing Markets is currently 5%. On Australian thoroughbred, harness and greyhound racing, the Market Base Rate ranges from 6% – 10% depending on the state and racing code. Betfair is charged different fees to provide the betting exchange from state to state.
Due to the differing fees charged by the AFL, NRL, and the various racing commissions, Betfairs commission rate for Australian sports is variable. The rates for racing are dependent on the state in which the race is being run (note: it doesn’t matter which state you are in). The rates for horse racing are as follows: New South Wales: 10%; Australian Capital Territory: 7%; South Australia: 5%; All Other States/Territories: 6%; AFL currently offers the lowest commission of any sport, at 2.5% ...
Betfair Exchange charges Commission on winning bets. If you are opted into My Betfair Rewards, the discount rate only applies in Australasian markets. Otherwise, we use a Market Base Rate according to where you live to calculate your commission.
For most sports and international racing markets, the MBR is set at 5%. However on Australian racing, the MBR is set at between 6% and 10% depending on the state and racing code. The commission is automatically deducted from your winnings after the market is settled, regardless of whether your bet is a lay or back bet.
the total commission generated by the customer on NSW thoroughbred markets is less than 1.25% of the aggregate value of matched back bets placed by the customer on those markets. Total commission generated is half of the commission paid plus half of the implied commission, calculated by the formula = (commission paid + implied commission) ÷ 2.
5.2.1 Betfair charges commission on winning sports Multiples bets. The commission is usually 5% of winnings but may vary from time to time. Always check the Rules tab to be sure what commission rate applies. If your Multiples bet loses you do not pay commission; and - 5.2.2 Betfair Points are awarded in the same way as for sports betting markets.
Betfair charges commission on winning sports Multiples bets. The commission is usually 5% of winnings but may vary from time to time. Always check the Rules tab to be sure what commission rate applies. If your Multiples bet loses you do not pay commission. Betfair Points are awarded in the same way as for sports betting markets. If your bet
From 1 July 2017, Betfair will increase the Market Base Rate (MBR) on all Racing NSW races from 8% to 10%. The MBR is the maximum percentage Betfair customers pay in commission on winnings.