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This personalisation of the commission structure means customers have the choice to pay either 8%, 5% or 2% commission on Exchange winnings. The Rewards+, Rewards and Basic packages all comes with various add-ons to help tailor your Betfair experience to your preferred way of betting.
Betfair charges Commission only on your net winnings on a market. You do not pay commission on losing bets. How much Commision do I pay? This is how it is calculated: Commission = Net Winnings x Market Base Rate x (100%-Discount Rate).
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Here are some tips you can use to increase your chances of winning a virtual bet:
1
Understand what Random Number Generators mean and how it works. ...
2
Understand the odds. ...
3
Bet small amounts. ...
4
Avoid chasing losses. ...
5
Manage your bankroll. ...
6
Choose a credible betting site.
Virtual football betting is a simulation of real football run by special software, which determines the outcomes. The best part is that you don't have to be a football pundit or expert to bet on virtual football.
