Sorry guys but we can't do it this year, lots of problems relating to last year and other issues. Was really hoping would be up and running again in time for this years WSOP but its just not going to be possible.

Word of warning though if you do wire money to the Rio, you have to do it from your own personal account or you will not be given the money, they will also take over a week to send it back to the UK. Also on that note if sending money to the Rio be advised that you must take it all when you go to collect, you cannot leave it on deposit at the poker cage. Boxes are available but be quick.

Much much better off wiring your money to the Bellagio or the Wynn.

100 times more efficient to the Rio.

Ive never charged vig and If I didn't know/trust someone enough I just wouldn't do it

Buy that man a large g and t.

Good to hear.

What I find socially retarded is when people make sweeping judgements about someone's character based on a few lines of text on t'internet.

It doesn't surprise me that a moron like you would think I'd not spoken to several people about Mr Teng before making the post.

You're one of the most judgemental people here and I'm sure you don't meet too many blondes at the tenner rebuys in walsall.

This whole thread is becoming a bit distasteful.  I don't care how many people you claim to have spoken to calling people morons and social retards isn't ever the way to win an argument.

I know practically zip about Mr Teng, but charging interest for borrowing money is pretty much accepted as the fair thing to do in this part of the World.  Having said that I think it is better for the borrower to always offer and leave the lender with a right to refuse.  So long as nobody is doing a wonga.com then it seems a strange thing to get on your high horse about.

This is all barely far removed from the concept of lending money to play poker and sharing the spoils that there must have been some serious collateral damage to the glasshouses of the World these last few days.

Welcome to Blonde Mr Teng.

Hardly standard.

I have never heard a poker player charging interest when lending money to another player.

Until this this thread.

Should go back to just juries voting.

Public voting means half the field can't win.

Isn't Romania's song just a retread of the Bon Jovi hit in a different language?

im one of the best people in the world to be friends with.

Ego, much?

The next logical step is to charge mates interest when they need to borrow money.

u say this like i havent already thought it up and done it. tbf i only did it for one guy cos i was wiping credit card debts and those apr are even more absurd than me.

LOL

I hope you can sleep well at night.

If I had friends like you I wouldn't need enemies.

The next logical step is to charge mates interest when they need to borrow money.

is there a big difference between charging a premium to get staked and this?

imagine in the old days people were just swapping %s or selling at cost to be able to afford to play a comp. obv things change and get more businesslike.

Yes, there's a massive difference between this and charging juice to get staked.

To play a live comp the player has got expenses, sometimes they are very high. Selling with 0% juice means the player is covering all of this.

Charging vig for for something that costs zero is a business.

By all means say no if the transaction doesn't suit.

But a mate who tried to charge me vig on a currency transaction wouldn't be my mate for very long after he tried that.

As Dubai said, life isn't just about profit maximisation.

I'm gonna assume this was about me offering Julian USD at 3% for x amount.

First of all I did not initiate contact with julian, I just wrote on twitter explicitly stating that I had unlimited USD and wanted vig. He replied to the tweet so I followed him on twitter and PM'd him. THEN he was suprised it wasnt at spot. If he had no intention to pay vig he should have read my tweet more closely.

Second of all I've had so much demand that I've had to move the price from 3-5% to 4-6%.   I started off pricing incorrectly low.

6% for under 2k
5% under 12k
4% more.

vig could also depend on what type of chips you would be willing to receive instead of cash.
get me on facebook or on twitter. https://twitter.com/realandrewteng

this should be available ALL summer, although if sending from stars pre plan to be able to send it in america.
I take stars/ftp/skrill/£ bank xfer.

I will also be buying USD back near the end of the summer at much lower rates for the above methods if people have excess or a big score. HELL, maybe even spot if I have too much online.


Thirdly whether or not it is standard?  Yes it is.  I try to put myself in the situation of having currencies that people want on purpose, not to just give it away for nothing.
I'm more than happy for people to turn down my action, it happens all the time.

No it wasn't you I was talking about.

Pretty sure Flushy has posted here numerous times that his company or whatever will change money at (a really high) vig. Also pretty sure there are companies that say they will book your hotel room at a vig too that are directed at poker players. What's the difference? If the said person (I assume we are talking about my housemate here) signed up a facebook account and called it "MainEvent Foreign Exchange" and posted it would that be better? It's no different IMO, if people want to offer a service they can - at least it gives the consumer more options!

The difference is they are companies/businesses trying to make a profit as opposed to friends trying to make money from their mates for zero work.

Dont think there's anything wrong with it, I personally have a network of friend where we'd all be prepared to slightly put ourselves out to help each other so have no need ever to have to pay a vig. But I don't think there's anything un-ethical or "wrong" about it. Often these exchanges are slightly inconvenient or cause a little hassle anyways.

As I said earlier, if Player 1 had gone to specifically to Player 2 and asked him to do it, then yes, maybe it is fair enough.

But to make a Facebook post asking if anyone wanted to do it and replying yes, if you pay me a fee seems out of order to me.

Directorship...Lovely work!!

I used to go into my local bookies a few years ago and whatever priced winner came in there was this bloke who would be stood in front of one of the tellys that always cheered it in as though he'd backed it. He was often the only person in the shop who appeared to be on and he seemed to give a bigger cheer for longshots.

I never knew his name, could it have been Adz I wonder?

There was a geezer that used to do that in a bookies I used to go to when at college.

One day after loudly cheering home a 50/1 winner I asked him "how much did you have on that?"

"Oh I didn't back it"

"Why were you shouting it home then?"

"I just liove to see you ***** lose your money"

No answer to that really.

It's a tiny piece of meat next to the thigh underneath chicken, it's ridiculously tasty as its almost a combination of dark meat and white meat plus it's been sitting cooking in the fats when the chicken has been roasted. Same on turkeys but on a larger scale

Learn something every day.

Surprised you can't buy them on their own. Can buy virtually every other part individually.

wtf is a chicken oyster?