Betfair Exchange commission rate dropping from 5% to 2% on football correct score bets this weekend

[perthpunter]

Just got an email from Betfair confirming they're dropping commission rates on football correct score markets from the standard 5% down to 2% for this weekend's Premier League and Championship fixtures. Runs from Friday 6pm through Sunday midnight.

Been tracking my exchange activity and correct score bets normally cost me around £12-15 commission per winning weekend (usually stake £200-300 across 4-5 matches). At 2% that drops to under a fiver total commission.

Anyone else planning to shift more volume onto the exchange while this is running? The 0-0 and 1-1 markets usually have decent liquidity on Saturday afternoons anyway.

[glasgowgambler]

Temporary rate cuts are just loss leaders to get punters hooked on higher volume betting. They'll jack the rates back up once the promo ends and hope you stick with the higher activity levels.

That said, 2% is genuinely decent if you're already planning correct score bets. Just don't get sucked into chasing bigger stakes because the commission looks cheaper.

[edinburghexpert]

The maths on this is actually quite compelling for disciplined exchange users. Standard bookmaker correct score odds typically carry 15-20% overround, while Betfair exchange markets usually sit around 8-12% overround before commission.

At 5% commission, your effective overround becomes 13-17% - still better than bookmakers but not dramatically so. Drop that to 2% and you're looking at 10-14% effective overround, which creates genuine value opportunities.

I've been comparing MyStake correct score odds against Betfair exchange prices all season. Their 2-1 and 1-2 markets usually sit 8-12% higher than exchange back prices, so the reduced commission makes the exchange significantly more attractive this weekend.

The key is sticking to matches where you have genuine edge rather than just betting more because commission is cheaper.

[stirlingslots]

Tried a wee flutter on the exchange last weekend - backed 2-1 Arsenal at 9.2 and it came in bonnie. Commission was about £3.50 on a £40 win, so dropping that to £1.40 makes it even sweeter.

The lay side is interesting too if you're confident a high-scoring game won't finish 0-0. Laying 0-0 at short odds with lower commission could be a decent angle.

[inverness_ian]

Commission cuts always come with a catch - usually tighter market making or reduced liquidity when you actually want to get matched. Watch them suddenly struggle to fill your £200 back bet at the advertised price when kickoff approaches.

[dundoniandeal]

Been waiting for something like this to try some proper exchange arbing. The 2% commission makes cross-matching between Donbet correct score odds and Betfair back/lay prices much more profitable.

Donbet usually has inflated correct score prices on Scottish Premiership matches - their 1-0 Rangers vs Aberdeen was 7.5 last weekend while Betfair exchange was trading around 6.8-7.0. With reduced commission, you can back on Donbet and lay on Betfair for guaranteed profit.

Obviously need decent bankroll to cover both sides, but the maths works out nicely with 2% commission instead of 5%.

[aberdeenasker]

Still learning how exchange commission works - if I back a correct score bet for £50 and it wins £300, is the 2% commission taken from the £300 winnings or just the £250 profit? And do you pay commission on losing bets too?