Getting better odds consistently can mean the difference between winning and losing long term.
Discount rates enable Betfair customers* to pay less commission providing even better odds on the exchange. Depending on how and how much you use your account, you may be automatically paying less commission.
For example, if you have a discount rate of 10% and the Market Base Rate is 6%, you will pay a rate of 5.4% on net winnings instead of the full 6%.
6% Market Base Rate x 10% (your discount) = .60
6% Market Base Rate – .60 = 5.40%