Betfair Exchange charges Commission on winning bets. If you are opted into “My Betfair Rewards”, we use your chosen package to decide on commission rate. Otherwise, we use a Market Base Rate according to where you live to calculate your commission.
The commission rate on Exchange Games varies between the games as specified below: Baccarat - Main market: 2%; Baccarat - Side bets market: 2.5% Blackjack: 4%; Bullseye Roulette: 4%; Card Derby Racing: 4%; Hi Lo: 3%; Texas Hold’em: 2.5%; Omaha Hi: 2.5%
Betfair Exchange Betfair commission is paid on winnings and rates are on a sliding scale, starting at 5% and down to a low of 2%. Your discount rate reduces the percentage of commission you pay and is based on how many Betfair points you earn.
The base rate in which Betfair Exchange charges commission is 5% currently, which is higher than many of the brand’s competitors. The way they calculate their commission isn’t a difficult equation to understand with 5% deducted from a player’s net winnings.
In recent years, new entrants into the exchange market have undercut Betfair’s commission rate in an attempt to wrestle business away from Betfair. Until now Betfair has held their position on commission charges, a standard 5% with reductions down to a minimum of 2% for loyal customers based on their turnover.
With the Market Base Rate at 6%, the commission you will pay is $100 x 6% = $6.00. What are the different Market Base Rates? Market Base Rates for Sport and International Racing Markets is currently 5%.
2% Commission: You will pay 2% commission on net winnings in Exchange markets. You will receive the same package, each month, until further notice. You can change to a different package at any time. Package changes take effect on the 1st day of the following month.
PPB Counterparty Services Limited, Betfair Casino Limited, TSE Malta LP and PPB Entertainment Limited are licensed and regulated in Great Britain by the Gambling Commission under account numbers 39439, 39435, 39561 and 39426.