Betfair has increased the betting fees it charges to Australian customers on Racing NSW markets in response to new race field fees that come into effect this weekend.

Effective July 1st, Racing NSW will increase its race field fees from 1.5 per cent to 2.0 per cent of turnover for its Standard race meetings, with Premium meetings attracting a higher fee of 2.5 per cent and Premier meetings 3.0 per cent.

In response to the new fees, Betfair is also increasing its charges to customers, with commission on all Racing NSW races climbing from 8 per cent to 10 per cent.

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