Can't we all just depo in our normal currency (£ in my case) and then change within the wallet and avoid this charge? Same thing for withdrawing too.

I don't understand how this effects anybody. If you keep your account in the currency which you will be withdrawing, you are still able to play games in all currencies, and are not charged any exchange fee to withdraw.

I guess the issue is that a fee will now be applied to withdraw Euros to a Thai bank account, for example?

Sry for OT question, but does Stars still not allow WDs in CDN? Last I chkd iirc, I was only allowed to WD in USD. (I'm referring to wire xfers mostly but curious about other CDN methods as well.)

since no one from the usa can play and since theres a 6k limit/month of transfers between diff account currencies , this is a sick money grab by amaya.

So if i am reading this correctly, then i will still be able to transfer $ to € without a fee and can then cashout. But when i deposit in euro's and want to change it to $ i have to pay a 2.5% fee?

This only effects players who deposit/cash out in other currencies than the ones offered at stars (for example me). Sorry, but the bad news just wont stop since amaya took over, and i wont bend over if someone wants to **** me. Therefore i will stop playing there, at least until next year when i move to a country which is noy affected by this money grab. Unless there are other changes by then, that affect me.
Stars had a great run, but now it is pretty obvious that the players will get fleeced as much as possible, cause the new owners dont give a **** about the game, all they care about is their bottom line, period.
All good things have to end at one point, I guess... bye stars.

Why are we still playing in USD on the .eu client anyways?

GG Amaya, didn't think you'd try to run the site against the wall that quickly.

same here, new management's terrible decisions to destroy the games lately (spin and go crushed the cash games traffic; and now this) and the personal belief amaya will keep making things worse force me leave the site as well, before it's too late

gg, time for other sites

They do that because they have no competition. Other sites have crappy softwares, higher rake and stupid vip systems as well.

wow, Amaya sure did not waste any precious time.

this ship is sinking, deeper and deeper.

If you have a USD account at a foreign bank, for example, then you will not be effected by this, is that correct?

Its remarkable how quickly the greed has set in now PS has become an effective monopoly. They obviously don't think ripping out hundreds of $million per year in profits is enough so we see money grabs now happening on a monthly basis. In isolation, none of the changes would be terrible but the combined effect is crystal clear.

I guess we all have to hope they are excluded from the US so viable new competitors can emerge. If not, and if this trend continues, I guess we ultimately have to look to the anti-trust authorities in various countries to restore some balance to the industry.

There was a time when it seemed that PS was genuine about working in partnership with its customers to build something mutually beneficial. But that was when we had a choice. Now PS seems interested in only one thing.

nope, for me they send everything in euro

As a Canadian, i have always withdrawn via check as there is (was?) no fee attached to it like bank wiring or instadebit and i can send it in CDN. The only problem is that there is a $9400 USD ( or like slightly over 10k in CDN) limit per 24hrs. So if you were planning on taking out a large amount of money it may take sometime. Also PS says that checks can take up to 15 days to deliver, but that is only with amounts less than 1000 (or it might be 2500 w/e), if you take out more than that it comes via FEDEX and it takes 2 business days.

Do you mean deposits and withdrawals? If I deposit in ££ will there be a fee?

exactly this non of the moves in isolation are a big deal but combined they show beyond all doubt a clear picture we need to be discussing alternatives to pokerstars now.

Very good post as always

other sites aren't as bad as they used to be imo, there are some good alternatives for stars. gl

im guessing ftp will have the same policy then?

it comes down to this..... When Poker Stars was a private company they cared about the customer/players...... Now that PokerStars is a public Company they care more about shareholders....... my advice buy stock in Amaya

+1

Amaya are killing off everything that made PokerStars PokerStars. They are risking changing a very successful business model for a quick buck and I can't help but feel it is eventually going to backfire on them.

Dear Mr & Mrs Stars, Difference between you and a bank ,when Im in credit they pay me interest ,when I use your service you charge me Rake .so please dont compare its seems idiot logic .this looks like double rake rip to most .Hope stars can justify as they seem to be on a fast track to pissing off lots of players these last few months with one thing or another.

The discussion around the Pstars head table for the past few years is how much can we take from players and still keep them playing. Since the buyout changes have just progressed at a dizzying speed.

In the future I see a viable competitor grabbing some of the market and only when this occurs will Pokerstars return to being a business that earned a reputation for putting customers first. Not because they want to but they will realize that not pinching every penny is the correct business move to try and reclaim their previous market share.

The best way for players to push Stars to return to the ways of old is to move sites asap, as this will speed up an inevitable process.

So now I have to beat the currency exchange as well as the high rake? Cool.

When will Pokerstars support Bitcoin cashouts and withdrawals?