Is this standard?

[cambridgealex]

I'd quite like to buy some dollars off somebody actually. Anybody know anybody that will sell at spot?

[tufat23]

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.

[The Camel]

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.

[tufat23]

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

[The Camel]

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

Ego, much?

[tufat23]

nah just like everyone else. elevated sense of self worth

[GreekStein]

nah just like everyone else. elevated sense of self worth

Whilst most people were saying how poor form it was, I didn't think you'd done much wrong.

You're essentially running a business and that's fine. I sometimes swap GBP or Online money for Thai Baht and when friends can't do the trade I occasionally pay a vig for someone to do it. It's down to my own poor organisation of my life and money so I accept it and don't begrudge the people who earn a vig from it. In fact, if you're swapping money with people through forums etc who are not your friends irl then what you're doing is pretty smart and in ordinary circumstances I'd wish you luck and hope you earn plenty from it.

Not that you care because (and apologies if I'm wrong, I'm just basing this on your posts here) but you seem like another one of internet poker's breed of social retards that puts money above everything. I hope the credit card story was a joke or some extreme exaggeration because you should be ashamed of yourself if it wasnt.

[MANTIS01]

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.

[Royal Flush]

Pretty sure Flushy has posted here numerous times that his company or whatever will change money at (a really high) vig.

errm what now?

It isn't a 'whatever' it is a business with 2 high street locations.

As for a 'really high vig' dunno how anyone could ever consider 1pt really high, the time where we served poker players we ran to 0.5% profit margin so a $100k bank xfer we would charge $500 and typically offered anything from 2-5% better than the banks. When it came to live cash as 3 good examples we turned up at properties as far reaching as London, Leeds and the south west collected 6 figures in cash and had it in customers bank accts hassle free within 1-3 days. For this we charged the insanely extortionate rate of 1%, after the travel costs/staff hours we nearly made some money.

Was it always possible to beat the banks at our rates, no not by any means but all we did was provide options, every single time i had 2 people offering me matching currency i put the 2 in contact with each other so they could just do it at spot yet somehow i am getting mugged off by someone who doesn't know what he is talking about, of course though just like your mate Keys you are happy to come on here and bash me about a service i am providing which makes me far less money than the hassle is worth whilst also using this very same forum to further your own ends (the same forum that ive stuck tens of thousands into i might add)

[Jono3131]

Tufat I hope squeezing every little penny out of a 'community' you are supposed to be part of makes up for the fact you probably have 5 friends. I dont think there is too much wrong charging a bit of vig if the deal is putting you out, but to keep pushing the vig % up until you realise what the maximum people will pay is wrong. You may think your actually making the money, but the reason why your staking threads on twoplustwo are mainly filled with tumbleweed probably has a fact nobody wants anything to do with you. Carrying on increasing the vig is the same as people who post on the staking thread who just keep increasing their mark-up and staying 'oh this comp is super soft, satellite entries' etc etc. That's not the reason your increasing your mark-up, the real reason is you think people don't know what's going on so you can take advantage. We all saw what happened when that guy started trying to take the piss

[Bad Beat]

 Mr Keys was right on his reading of my post.

 I used to think it was scummy and now I'm not so sure.

 I would generally let people deal with me at spot for large amounts. I put myself out, travelled to places I didn't need to go to to meet people, I carried currencies I didn't really need accross the border just because I'd done someone a favour and it was all generally hassle. I did it because I like the idea of a community where people build up credits of goodwill and it makes you feel like a nice person.

 I am starting to think I am a little naive.

 I am generally going to be less generous with people, both with my time and money.

 I don't think I will be changing money for vig, but I think from now on my stock snap-answer will be "I don't have any".

 It is interesting because there is the whole thing of exploiting people in poker, which presumably people here are comfortable with, and most poker players are prepared to pay for services, (massage, tournament vig, drinks, nightclubs, hookers), but on this one they just won't.

 Five times this year I have lent people money and they offered me interest which I declined. It didn't feel right.

 Not really going anywahere with this, just find it interesting the way people can feel so strongly about payment for services.

 I did follow the thread where Alex tried to sell at "too high a mark-up". Total bollocks I thought. Firstly I think that there is way too much thinking that there are standard rates like 1.25 or 1.3. I think the amount they should vary from tournament to tournament and player to player are much more than people seem to think. I personally think a lot of people undersell. On the other hand I see losing players trying to sell on Facebook all the time.

 On that subject and slightly derailing...it strikes me as totally ridiculous that players went to Monte Carlo and sold in High-Rollers and now they are home and selling in WSOP packages. I can guarantee that most people were a terrible bet in the tough fields in the EPT ahnd they are massively under-pricing themselves in WSOPs. They should have not played in Europe and saved their money to put themselves in Vegas.

 (that was not a dig at any individual, just an observation on the staking market).

[MANTIS01]

Doing nice things for people is the measure of the person you are. I wouldn't really compromise who I was because other people do something different. I wouldn't become less generous because others may see me as naive. If I believe in community where people build up credits of goodwill and do something which makes me feel good then I would carry on with that belief regardless of others.

It is who YOU are. I hold the door open because I'm a gentleman not neccessarily because she's a lady.

[Bad Beat]

 Of course you are right Mantis. I have just had a long run of people taking advantage of my good nature.

 I feel a bit like the nice Blackadder in the Christmas Carol one.

 Everyone is stuffing themselves with my turkey.

[Tal]

"Where's the milk of human kindness?"

"It's gone off, Baldrick. It stinks"

[GreekStein]

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.