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Betfair has a standard commission rate of 5%. That applies to almost every sport, in every country, around the globe & except Australia. Due to the differing fees charged by the NRL and the various racing commissions, Betfairs commission rate in Australia is variable.
To opt into paying just 2% commission, simply visit the 'My Account' section of your Betfair account and select the 'Basic' rewards plan. The 2% commission rate will be applied to your account immediately and you can start making those commission savings.
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A moneyline is simply a bet type that only includes odds, as in odds to win . Example: a moneyline of +150, is just +150 odds ($100 to winR$150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to winR$100) for the listed team to win.
o Management determines the minimum and maximum wagers on all events. The minimum wager amount may be as low asR$0.10. The maximum wager amount isR$1,000,000 which can be restricted or increased based on internal management review and approval, per customer, based on sport or event and includes all wager types.
