Open Side Menu Go to the Top
Register
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed)

06-24-2016 , 09:35 AM
Weather in the UK yesterday didn't help. This is so dumb. Can't believe we're leaving.
Above poster gets a +1
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 09:48 AM
why would they let people with 60 y/o + vote lol those must have contributed a lot to leave tbh
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 09:57 AM
Quote:
Originally Posted by ChipsNcrisps
Weather in the UK yesterday didn't help
it never does
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 11:07 AM
Quote:
Originally Posted by _Loki_
Click on "Cashier" > Click on "USD" tab > Click on "Convert other funds to USD" link > go through the steps to convert some of your EUR to USD

** If you don't have a USD tab then make one
** If you play in USD then keep some money in the USD tab at all times [say enough to play for at least a session]
** If your preferred currency is EUR then deposit & withdraw in EUR to avoid fees. Then convert your EUR INSIDE your client [as above] to USD

READ THIS POKERSTARS FAQ
This is really not necessary. Stars does not charge when you buyin to a game that is not your main currency. They make an exchange at the current rate and your winnings will be transferred again back to your preferred currency. I only play USD but never have any $ in my USD currency.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 12:02 PM
Quote:
Originally Posted by UnlimitedRed
...I've never heard that it only occured if a wallet was empty. I recall people saying that this 'rounding error' happened with every conversion. Ever since then I've been manually converting funds in the cashier! So simply keeping a small amount of funds permanently in each wallet would avoid the issue completely?
Your solution is strange. How can "manually converting funds" avoid the costs of rounding?

I am supposing that PokerStars rounds the result of currency conversions in their favour to the next whole coin value. IF PokerStars rounds always in their favour rather than rounding both up or down to the nearest whole coin value then the rational response is to reduce the number of currency conversions you perform to a minimum.

So you face a choice of either...
[1] Having a wallet loaded with the currency you play in. Then you get hit with ONLY ONE rounding loss of a fraction of a coin each time you put money in the wallet from another currency [i.e. when you need to top up that wallet because you're a loser ]

or

[2] You don't bother having a tab for the currency you play in. Then every time you join a game, or leave a game, or re-buy in a tourney, or re-buy or top-up in a cash game you will be subject to a rounding loss of part of the lowest coin in the currency [0.5c or 0.5p or whatever]

[1] above is less frequent than [2] so it makes sense to do [1] & not do [2]

NOTE: I repeat that my initial premise is that conversions are rounded always to the nearest whole coin in favour of the converter [PokerStars], but I haven't checked to see if that is true.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 12:59 PM
Quote:
Originally Posted by madlex
The numbers show that old, poor and uneducated people want out. Just out of curiosity, in which of these groups are you?
Uneducated= not brainwashed
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 01:19 PM
Quote:
Originally Posted by bdiddy131313
http://www.telegraph.co.uk/news/2016...otes-to-leave/

wtf wasnt the odds like 10-1? i wish i had bet
It went to 14 to 1 at one stage this morning. Then int he space of an hour the price was getting smashed in and they were announcing a brexit win. All happened so fast.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 01:29 PM
Quote:
Originally Posted by ChipsNcrisps
Weather in the UK yesterday didn't help. This is so dumb. Can't believe we're leaving.
Above poster gets a +1
I can not believe brits would want to stay in this eu dictatorship. It is so dumb to stay in. Happy that all of the smart people in the UK voted out and the young and dumb, uninformed people had the minority.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 03:15 PM
Quote:
Originally Posted by coach999
I can not believe brits would want to stay in this eu dictatorship. It is so dumb to stay in. Happy that all of the smart people in the UK voted out and the young and dumb, uninformed people had the minority.
If you live long enough, you will see how badly you ****ed your economy over for the younger generation. And all because you were xenophobic and afraid of immigrants and different cultures. FEAR FEAR FEAR - you old people eat that **** up. Your unhappy life is your own doing, not anyone else's. Get your head out of your ass.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 03:18 PM
Fear mongering was all that Remain campaign consisted of, FACT mongering was leave's argument. Do u really think any younger generation has any hope whatsoever against the Elite and FEMA? hahha poor misinformed sheeple. I digress, UNRIG THE VIG!
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 04:01 PM
Quote:
Originally Posted by bachelder
If you live long enough, you will see how badly you ****ed your economy over for the younger generation. And all because you were xenophobic and afraid of immigrants and different cultures. FEAR FEAR FEAR - you old people eat that **** up. Your unhappy life is your own doing, not anyone else's. Get your head out of your ass.
I voted to remain and think leaving is a big mistake but I don't think you understand the various factors that were at play here. It's way more complex than what you've posted above.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 04:20 PM
Quote:
Originally Posted by Husker
I voted to remain and think leaving is a big mistake but I don't think you understand the various factors that were at play here. It's way more complex than what you've posted above.
It should be a lot more complex, but for most voters it wasn't.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 04:23 PM
Quote:
Originally Posted by bachelder
It should be a lot more complex, but for most voters it wasn't.
How many have you spoken to?
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 05:50 PM
Quote:
Originally Posted by coach999
I can not believe brits would want to stay in this eu dictatorship. It is so dumb to stay in. Happy that all of the smart people in the UK voted out and the young and dumb, uninformed people had the minority.
OK mate
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 06:29 PM
Quote:
Originally Posted by _Loki_
Your solution is strange. How can "manually converting funds" avoid the costs of rounding?

I am supposing that PokerStars rounds the result of currency conversions in their favour to the next whole coin value. IF PokerStars rounds always in their favour rather than rounding both up or down to the nearest whole coin value then the rational response is to reduce the number of currency conversions you perform to a minimum.

So you face a choice of either...
[1] Having a wallet loaded with the currency you play in. Then you get hit with ONLY ONE rounding loss of a fraction of a coin each time you put money in the wallet from another currency [i.e. when you need to top up that wallet because you're a loser ]

or

[2] You don't bother having a tab for the currency you play in. Then every time you join a game, or leave a game, or re-buy in a tourney, or re-buy or top-up in a cash game you will be subject to a rounding loss of part of the lowest coin in the currency [0.5c or 0.5p or whatever]

[1] above is less frequent than [2] so it makes sense to do [1] & not do [2]

NOTE: I repeat that my initial premise is that conversions are rounded always to the nearest whole coin in favour of the converter [PokerStars], but I haven't checked to see if that is true.
By 'manually converting funds' I did mean what you propose in [1], as opposed to using the 'automatically convert funds to my preferred currency' option.

For some reason I interpreted your original post to mean a player could use the automatic conversion feature and would not be subject to the 'rounding error' as long as they had some amount of funds in each wallet. I was on very little sleep at the time
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 06:55 PM
Quote:
Originally Posted by bachelder
If you live long enough, you will see how badly you ****ed your economy over for the younger generation. And all because you were xenophobic and afraid of immigrants and different cultures. FEAR FEAR FEAR - you old people eat that **** up. Your unhappy life is your own doing, not anyone else's. Get your head out of your ass.
If you live long enough, there's a chance you'll learn something and understand that its never in your best interest to be subject to the edicts of unaccountable plutocrats in Brussels.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-24-2016 , 09:12 PM
Quote:
Originally Posted by hasu
I have my bankroll in € and playing in $ and just tried to sit at a low stakes table.

The top number is my bankroll before sitting down, bottom number after standing up without playing a single hand. Now I'm afraid to buy in at my regular stakes.

edit: I played around some more with it, and it seems like every single conversion for playing costs excactly 1cent?








Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 08:29 AM
Is this 4% conversion happening with the multi currency option of having your funds converted when leaving a table? If that is the case and you sit and leave tables a lot, you'd literally lose nearly all your money in no time.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 08:48 AM
Quote:
Originally Posted by Avaritia








Sums it up pretty well. Great movie.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 09:24 AM
Brexit is never happening anyway.
Two sociopaths(Johnson & Gove) wanted better jobs on the back of a narrow defeat for leave.
It turned out wrong and they've **** themselves.
1972 European Communities Act needs to be revoked in parliament before we could invoke article 50 anyway.
Not happening.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 09:45 AM
Quote:
Originally Posted by TucoSalamanca
Great britain is voting
hate to derail, but since most post itt are derails anyway ...

Great Britain is an island an home to Scotland, Wales and England. Ireland is an island home to the Republic of Ireland and Northern Ireland. The United Kingdom includes Great Britain, Northern Ireland as well some smaller islands.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 10:18 AM
Quote:
Originally Posted by _Loki_
According to the counts right now it looks as if you're wrong unfortunately. The exit is going to happen.
EDIT: just seen your new post when I refreshed browser. "Idiots" is right.
Quote:
Originally Posted by coach999
I thought you were a credible poster but calling people,who want their independence back, such word shows how low you actually are.
Well, what would you call people who vote to leave the EU and then after the results are in, rush to their computers and start Googling "What is the EU?" "Which countries are in the EU?" "What does it mean to leave the EU?" and "What will happen now that we've left the EU?"

I think idiots is a pretty good description.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 10:25 AM
Quote:
Originally Posted by NoSurprises
A 4% volatility rate when they are giving odds of 1.15 for "Remain". Lol, stars are pulling one over here.
You really don't have any idea how a sports book works, do you? The odds listed are balanced based on how people are betting, Basically every sports book should post odds that assure them a certain margin. Sports books are not in the business of deciding what they think will win, they are working to balance their market so they they insure a profit.

-BD
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 11:09 AM
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote
06-27-2016 , 03:41 PM
Quote:
Originally Posted by DC2LV
Well, what would you call people who vote to leave the EU and then after the results are in, rush to their computers and start Googling "What is the EU?" "Which countries are in the EU?" "What does it mean to leave the EU?" and [I]"What will happen now that we've left the EU?"
If such people exist, it would seem they put as much thought into their vote as people who see a single report from Google Trends and use that to make sweeping statements about groups of people with no idea of whether or not they are actually true.
Stars adds 4% vig on exchange conversion due to Brexit (Mod edit: vig now removed) Quote

      
m