Exchange Rate (Is this usual practice)

[Kristian1]

I recently joined 888 as a mate plays on there and deposited $60. In my second tourny I finished 2nd winning just over $800 I withdrew $500 with an exchange rate of $0.6675 giving me £333.75 when the funds were deposited there was only £308.67 the reason I was given, although the exchange rate when I requested the withdrawal was $0.6675 when the request was processed the rate had changed. Is that common practice as I have another $1500 I want to cash out and figure that on every withdrawal I'm going to get done 7.5/8% on an imaginary exchange rate. Any advice would be more than welcome.

Regards

Paul

[MC]

I recently joined 888 as a mate plays on there and deposited $60. In my second tourny I finished 2nd winning just over $800 I withdrew $500 with an exchange rate of $0.6675 giving me £333.75 when the funds were deposited there was only £308.67 the reason I was given, although the exchange rate when I requested the withdrawal was $0.6675 when the request was processed the rate had changed. Is that common practice as I have another $1500 I want to cash out and figure that on every withdrawal I'm going to get done 7.5/8% on an imaginary exchange rate. Any advice would be more than welcome.

Regards

Paul

Vaguely recall this from playing on 888 a few years ago. PokerStars def doesn't do this and expect most other sites don't either. Is not good protocol obv.

[Boba Fett]

They use their own exchange rate.  Where it comes from is anyones guess. 

[Dewi_cool]

https://www.facebook.com/groups/216193971735013/?bookmark_t=group

[Sheriff Fatman]

US$ Neteller account sounds like the way to go for the next withdrawal.

When you transfer to bank account from Neteller you'll see the Sterling conversion before finalising the transaction.

[Simon Galloway]

It will still be bad, but at least you will see it.

[SuuPRlim]

you can cash off in $ to moneybookers cant you? That would be the best route imo.

Also, thin, very thin (I got it dw)

[strak33]

I am on WSOP.com which is on the 888 (Pacific) Network and its the same for me. Cash out in $ to neteller and lose some each time.

On that note anyone want some WSOP.com for stars ?

[Kristian1]

Thanks guys not the best news I've had but at least I know its legal for them to steal my winnings.