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Author Topic: Marc wright WSOP action  (Read 6977 times)
Simon Galloway
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« Reply #90 on: July 20, 2012, 03:00:58 PM »


I would say taking cash is best


LDO.  You stand in the middle of the Rio and swap out the cash with people for MB/Stars +5%  Then you get full value for the loot and no security risk flying home with it.  When you get home, you can pay people by MB/Stars (particularly those that paid you that way).

At that point you can decide to screw your mates and keep the vig, pass on the vig pro rated to backers, depends largely on individual character.

What amazes me in the poker world is how bad people are  at this stuff.  They can spend hundreds of hours fine-tuning their stats in obscure spots on the turn taht result in 0.002% improvement, but can't spend half an hour preventing Uncle Sam from taking 30% or from Barclays taking 5%

And just in case there's any doubt, when you swap with Barclays, they really do mean 5% of everything.

There is another way, open a USD account in Vegas and pay it in.  WIth a little bit of fore-thought, you can work out how to get that back to everyone intact.
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railtard1
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« Reply #91 on: July 20, 2012, 04:06:10 PM »


I would say taking cash is best


LDO.  You stand in the middle of the Rio and swap out the cash with people for MB/Stars +5%  Then you get full value for the loot and no security risk flying home with it.  When you get home, you can pay people by MB/Stars (particularly those that paid you that way).

At that point you can decide to screw your mates and keep the vig, pass on the vig pro rated to backers, depends largely on individual character.

What amazes me in the poker world is how bad people are  at this stuff.  They can spend hundreds of hours fine-tuning their stats in obscure spots on the turn taht result in 0.002% improvement, but can't spend half an hour preventing Uncle Sam from taking 30% or from Barclays taking 5%

And just in case there's any doubt, when you swap with Barclays, they really do mean 5% of everything.

There is another way, open a USD account in Vegas and pay it in.  WIth a little bit of fore-thought, you can work out how to get that back to everyone intact.

yh as i said, i was pretty inexperienced with that kinda stuff. For next year i will obviously be better prepared.
I didnt take cash as was leaving the next mornng and wasnt sure what the issue was with taking cash through customs. And fwiw, everyone paid bank, so i am returning like that.

Out of interest, how long do bank wires from the rio take for future note?
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redsimon
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« Reply #92 on: July 20, 2012, 05:53:53 PM »

I wonder if stuff about dealing with exchange rates bank etc is something we should include in the "Going to Vegas" thread as an OP/sticky?
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Boba Fett
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« Reply #93 on: July 20, 2012, 05:58:26 PM »

While we are on the topic where is the best place in the UK to change dollars back to pounds?
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« Reply #94 on: July 20, 2012, 06:02:28 PM »

While we are on the topic where is the best place in the UK to change dollars back to pounds?

Bank of Dempsey
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Simon Galloway
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« Reply #95 on: July 20, 2012, 07:20:17 PM »

Definitely swapping @ spot with other poker players heading out ftw.

http://www.change-link.co.uk/ today are selling @1.565 or buying back @ 1.5873

Curiously, that's better than spot (1.562) for their sell price!  so the price might not have updated, but also for big size, worth asking them to tighten up the spread too.  Any time you can get spot +1c its good.  Spot +<Two Clubs is fine for modest sums, no point driving the length of the country to save  $20.

And nothing wrong with letting Flushy quote you either.
« Last Edit: July 20, 2012, 07:22:51 PM by Simon Galloway » Logged
Royal Flush
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« Reply #96 on: July 21, 2012, 07:14:40 AM »

While we are on the topic where is the best place in the UK to change dollars back to pounds?

Smiley how much do you have?
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DMorgan
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« Reply #97 on: July 21, 2012, 07:55:57 AM »

Looking to change $2.5k Flushy, PM details if thats enough Cheesy
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cambridgealex
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« Reply #98 on: July 21, 2012, 08:53:11 AM »

looking to change 12k flushy pls
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Boba Fett
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« Reply #99 on: July 21, 2012, 01:08:56 PM »

While we are on the topic where is the best place in the UK to change dollars back to pounds?

Smiley how much do you have?
Sent it off this morning, thanks anyway
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« Reply #100 on: July 21, 2012, 07:16:02 PM »

Boys pm me any $ requests and I'll get onto it on Monday. Please let me know where these $ are as well Smiley
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« Reply #101 on: July 22, 2012, 12:02:29 AM »

Boys pm me any $ requests and I'll get onto it on Monday. Please let me know where these $ are as well Smiley
Alex has them in a sock under the bed. But if they aren't there in the morning the finger of suspicion will be pointing at you.
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