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by phillc73
3161 days ago
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The so called "60% winners tax" doesn't kick in on Betfair, according to the linked article above, until you've reached a total lifetime profit of £250,000. Up until that point you'll still pay the normal 2%-5% commission in winnings. How long do you estimate it will take you to clear £250k profit in Betfair? I'd say sign up and worry about it when it's likely to happen. |
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