Introduction

If you're new to Betfair, you may not know that they charge a commission on every winning bet.

The standard rate in the UK is 5% but you can reduce it to 2%. It will save you a good amount over the course of a season and every little edge is crucial.

Prices on the Betfair Exchange are almost always better than you'll get at any bookmaker and, at the time of writing, all Betfair Exchange profits are tax-free in the UK.

Therefore, 2% commission is not a big price to pay!

How to Reduce your Commission

You do this under the 'My Account' tab, then 'My Betfair Account'.

Click 'Promotions and Rewards' and 'My Betfair Rewards'.

Finally, select the 'Basic' plan with 2% commission.

2% Betfair Commission

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