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Selling WSOP Shares Selling WSOP Shares

07-15-2010 , 02:27 PM
Richard

Due to what I suspect is the UIGEA you may have trouble depositing from a USD account into Stars/Tilt. It is still worth getting the USD account though, and use a company like OANDA to exchange the money into £ ($20 fee, very very good rate, like <0.5% vig) and then deposit onto stars/tilt (or am sure some people would be happy to take £ via bank xfer).

Obviously try just getting money straight onto stars/tilt first but I just tried from my citibank account and neither worked.

Congrats on the cashes!

http://fxglobaltransfer.oanda.com/

Last edited by Rupert; 07-15-2010 at 02:32 PM.
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07-15-2010 , 02:29 PM
if you have cash in vegas ill swap you online money np.
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07-15-2010 , 03:01 PM
Quote:
Originally Posted by Rupert
Richard

Due to what I suspect is the UIGEA you may have trouble depositing from a USD account into Stars/Tilt. It is still worth getting the USD account though, and use a company like OANDA to exchange the money into £ ($20 fee, very very good rate, like <0.5% vig) and then deposit onto stars/tilt (or am sure some people would be happy to take £ via bank xfer).

Obviously try just getting money straight onto stars/tilt first but I just tried from my citibank account and neither worked.

Congrats on the cashes!

http://fxglobaltransfer.oanda.com/
thanks for the info pof/rup. Ok i will try this monday morning... klink i would swap but i leave for my flight in like 1hr
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07-15-2010 , 06:43 PM
Congrats! Great job
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07-16-2010 , 01:55 PM
Thanks for all the support guys - I really appreciated the opportunity to play the WSOP again. I am going to relax this weekend and crack on with getting you all paid out come Monday.
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07-16-2010 , 05:51 PM
sounds good , nice job man
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07-19-2010 , 12:34 PM
Just to update everyone. I went into my main bank (hsbc) they want 1% on any cash deposits.. then i would have to convert using OANDA. so that would be around 1.5-2% total once i pay the $20 fees and vig etc.

I can setup a citibank account but this means travelling 6hrs door-to-door to London so i dont have to pay the 1%.

I rang another bank (Natwest) they told me they dont have the 1% charge. I am going to the branch in the morning to check this out since they are now closed. Hopefully can get this all converted up for <1% total with them.

Should anyone be coming over from the US and want the cash in $$$'s for Aug/Sept when the EPT/EPO/WSOPE are on this will also be fine.

Will try and have more news tomorrow.

Thanks
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07-19-2010 , 12:44 PM
did you tell hsbc you were putting 50 bags in there?
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07-19-2010 , 12:45 PM
Total cash for this stake was: $48,874 (232/7319)

Here is a current list of what i owe:

Rupert 2% $977.48 + $324.15 (side events) = $1301.63

Steven 1% $488.74

BodogAri 3% $1466.22

H_L 1% $488.74

Alexos 3% $1466.22

ITSOVER 5% $2443.7

pof 5% $2443.7 + $972.45 (side events) = $3416.15

stuman 2% $977.48

supernova_e 1% $488.74 + $194.49 (side events) = $683.23

cts 15% $7331.1 + $2,533.2 (side events) = $9864.3

psyduck 22% $10752.28 ($10,500 paid in cash in Vegas) - due bal of $252.28

thinky 5% $2443.7


I have kept the WSOP slips to prove I played the two side events. I will post these on my blog in next couple of days and people are welcome to check the entrants list to check i played them also.

Last edited by rje8686; 07-19-2010 at 01:00 PM.
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07-19-2010 , 12:47 PM
Quote:
Originally Posted by Rupert
did you tell hsbc you were putting 50 bags in there?
Yeh. the guy said the charge wasn't up to him and just a fixed flat rate. unless i deposit >$1mil they wont move it!
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07-19-2010 , 01:18 PM
If anyone has any other ideas on how to get the money onto FTP/Stars or convert into ££'s i am open to suggestions.
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07-19-2010 , 01:34 PM
Rupert 2% $977.48 + $324.15 (side events) = $1301.63 - $697.84 = $603.79

Less 10% of pack 1+2 here:http://forumserver.twoplustwo.com/16...london-831442/
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07-19-2010 , 06:00 PM
Quote:
Originally Posted by rje8686
Total cash for this stake was: $48,874 (232/7319)

Thinky 5% $2443.7
Thinky takes 5% of my new package so is owed: $2443.7 - $1150 = $1293.7
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07-19-2010 , 07:51 PM
Quote:
Originally Posted by Rupert
did you tell hsbc you were putting 50 bags in there?
The cool kids would say "50 lumps" imo
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07-19-2010 , 08:08 PM
Quote:
Originally Posted by rje8686
Total cash for this stake was: $48,874 (232/7319)

pof 5% $2443.7 + $972.45 (side events) = $3416.15
pofigistka takes 26% of package1: here

So is now owed $3416.15 - $823.16 = $2592.99

Last edited by rje8686; 07-19-2010 at 08:34 PM.
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07-20-2010 , 01:14 PM
Updates:

Went to Natwest bank today fee is 0.5% on USD Cash deposits. I have decided this is the best rate im going to get other than taking a full day off to go to London to open a Citi bank account and incurring charges to get there and back.

I am going to convert using either -

HiFX or OANDA. Both seems to cost <1%. I cant get an exact rate until I open an account so I'll open one with both and see whats best.

Timescale:


Natwest account will be ready Thurs/Fri. 2-5 days to send money to HiFX/OANDA, 2-5 days to be in my GBP current account. Everyone will be paid in full no later than 1st week of Aug.
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07-20-2010 , 01:41 PM
Hi, as stated in other thread I'd like 31% of package 1 so you need to deduct a bit more.
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07-20-2010 , 01:55 PM
Quote:
Originally Posted by rje8686
pofigistka takes 26% of package1: here

So is now owed $3416.15 - $823.16 = $2592.99
Pofigistka 31% pack1 = $3416.15 - $981.46 = $2434.69
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07-20-2010 , 02:14 PM
If Natwest give you a debit card it would be worth trying to deposit that way first I guess
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07-20-2010 , 02:20 PM
Quote:
Originally Posted by Rupert
If Natwest give you a debit card it would be worth trying to deposit that way first I guess
Yes. I have been emailing Pokerstars to see if USD accounts are allowed to deposit... they are currently claiming that they can. I will defo try it first.

I am trying to get my limits upped also. Since currently they are ~$4k/week on both FTP/Stars.

EDIT: Ah looks like I can use the "Local bank transfer" method and deposit directly from there. I will give this a go as soon as the Natwest account is ready.

Last edited by rje8686; 07-20-2010 at 02:42 PM.
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07-22-2010 , 06:42 AM
ya if you just max out your transfers on stars, and then email them they will almost always increase your limits.
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07-23-2010 , 01:46 PM
Updates

Rang the bank today to see whats happening unfortunately this account won't be ready until monday/tuesday now. Still hope to be paying out everyone by the end of the week.

Quote:
Originally Posted by rje8686
Pofigistka 31% pack1 = $3416.15 - $981.46 = $2434.69
Pof also takes 45% of this package and is now due $3416.15 - $981.46 - $831.6 (UKIPT 45%) = $1603.09


Same for Rupert 2% $977.48 + $324.15 (side events) = $1301.63 - $697.84 - $92.4 (UKIPT 5%) = $511.39
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07-26-2010 , 04:39 AM
any more updates on this?
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07-26-2010 , 08:35 AM
Quote:
Originally Posted by rje8686
Total cash for this stake was: $48,874 (232/7319)

Here is a current list of what i owe:

Rupert 2% $977.48 + $324.15 (side events) = $1301.63

Steven 1% $488.74

BodogAri 3% $1466.22

H_L 1% $488.74

Alexos 3% $1466.22

ITSOVER 5% $2443.7

pof 5% $2443.7 + $972.45 (side events) = $3416.15

stuman 2% $977.48

supernova_e 1% $488.74 + $194.49 (side events) = $683.23

cts 15% $7331.1 + $2,533.2 (side events) = $9864.3

psyduck 22% $10752.28 ($10,500 paid in cash in Vegas) - due bal of $252.28

thinky 5% $2443.7


I have kept the WSOP slips to prove I played the two side events. I will post these on my blog in next couple of days and people are welcome to check the entrants list to check i played them also.
Don't forget me
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07-26-2010 , 08:43 AM
Quote:
Originally Posted by Supernova_Elite
any more updates on this?
Yes well the account has been setup today but until i get a USD paying in book through the post I can't deposit the money (funny how they didnt mention this at the time!). I am meant to be moving to London tomorrow... I might just go to Citi bank now. I am trying my best people... sorry it is taking so long but its out of my control.

As soon as i hear any news i will ofcourse update this thread.

Thanks

Rich

Last edited by rje8686; 07-26-2010 at 08:51 AM.
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