[AusRace] Betfair and South Aussie customers...

[PhilM]

 As I've been off the racing scene for months perhaps that's why I'm
a latecomer to this news. My BF commission on all back and lay bets is
now 10% on all NSW racing and 6% in SA Vic Qld! They are doing their
utmost to kill the golden goose imo.
Phil M

----- Original Message -----
From: "PhilM" 
To:"AusRace Racing Discussion List" 
Cc:
Sent:Wed, 17 Jan 2018 12:39:11 +1030
Subject:Betfair and South Aussie customers...

  
   Just came up on my screen. The final nail in the coffin for me!
...... 

	Betfair wishes to advise of a change to the Betfair Terms and
Conditions which will affect customers who are South Australian
residents. 

	In response to the South Australian State Government’s introduction
of a Point of Consumption (POC) tax on the wagering activity of South
Australian residents, Betfair customers who reside in South Australia
will no longer accrue Betfair Points as of Monday, 23rd October 2017. 

	Those customers who are South Australian residents and have accrued
Betfair Points prior to Monday 23rd October 2017 will be subject to
the standard weekly decay (15% reduction in Betfair Points per week)
after this date. This means that once weekly decay reduces a South
Australian customer’s Betfair Points to below 1,000 points, they
will no longer be eligible for a Discount Rate on commission. 

	This change only applies to South Australian residents. Betfair
encourages any customer who has moved from South Australia, and is yet
to update their address in the My Account section to do so. Simply log
in at wwwbetfair.com.au [1], head to My Account, and select My
Details in the Account Details drop down menu. 

	The Betfair ANZ Team     

Links:
------
[1] http://www.betfair.com.au/

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