Is this standard?

[sovietsong]

what are the tax implications for this little business?  Sounds quite lucrative

[Skippy]

Not that you care because (and apologies if I'm wrong, I'm just basing this on your posts here)...

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.

 

[GreekStein]

Not that you care because (and apologies if I'm wrong, I'm just basing this on your posts here)...

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.

 

Well I don't wanna implicate anyone I've spoken with and I'm not going to post skype conversations here.

Can one of you or your friend Mantis tell me why I can't judge someone's character based on their own posts and comments and actions?

I know Mantis always just wants to pick an argument with me, which is fine but door's open if you want to as well?

[Doobs]

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.

[skolsuper]

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)

Hi Flushy,

Unfortunately for both of us I did know what I was talking about when I 'bashed you about a service you are providing'.  I sent a horse to you and you left him high and dry in Vegas with no money for the best part of a week, during which time you ignored all your phone and facebook messages from either of us.  I had to sort the situation with recourse to some friends who naively swapped money for free.  And, when you finally did show up with the money, the vig was still there, didn't seem like such a good deal really.  Hence I discouraged any other friends or horses using your 'service' because I didn't want to have to sort out the mess again afterwards.

Also, the 'community' lectures are a bit rich coming from a former full tilt pro, how much did you make out of that before they folded?  Where do you think that money came from?  Remember when you posted to the members of this forum that full tilt were "if anything safer than stars"?  Pretty lucky that 'stars bailed you out on that one really, now everyone can forget all about it.  GL with IveyPoker tho.

[Royal Flush]

Unfortunately for both of us I did know what I was talking about when I 'bashed you about a service you are providing'.  I sent a horse to you and you left him high and dry in Vegas with no money for the best part of a week, during which time you ignored all your phone and facebook messages from either of us.  I had to sort the situation with recourse to some friends who naively swapped money for free.  And, when you finally did show up with the money, the vig was still there, didn't seem like such a good deal really.  Hence I discouraged any other friends or horses using your 'service' because I didn't want to have to sort out the mess again afterwards.

As i explained to everyone at the time we had massive problems dealing with the Rio, whereby the money was at the Rio but they would not give it to me and insisted on sending it back to London. I admit this was exceptionally poor and it was my fault for not anticipating potential hiccups, i had naively thought the Rio would operate the same way as the Bellagio and the Wynn.

As for full tilt, in what possible way was i to envisage what happened at full tilt? i personally made no money from full tilt, i played some tournaments for free and cashed in 0 of them. Since then though i believe those not breaking the law have had their money back no? And those that did have a channel to recover it, i may be wrong though.

Obviously the stars/tilt comment was clearly in error but lets not forget the reason the whole thing came crashing down was stars buying that bank in the US and committing fraud there.

[The Camel]

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.

[titaniumbean]

I'd rather pay another player a vig than the sodding banks!!!

Barclays are utter shit for foreign currency fwiw. just a bunch of inept skanks.

[Young_gun]

 

[Simon Galloway]

Yea don't do Barclays!!

I sat and listened while the advisor told me I could have a USD account.  I asked if I could withdraw from it in USD.  I was told that was not a problem... they would have to give me GBP, but as they had an fx bureau in branch... I could move over to that and change it back to USD....

[titaniumbean]

Yea don't do Barclays!!

I sat and listened while the advisor told me I could have a USD account.  I asked if I could withdraw from it in USD.  I was told that was not a problem... they would have to give me GBP, but as they had an fx bureau in branch... I could move over to that and change it back to USD....

opening a usd account with barclays does not open a usd account with barclays. it's hilarious.

they then send you letters demanding money for nothing, saying come into branch to sort it out, go to branch, they look at you like you've killed their children and tell you to phone the company you took the account out with LOL I THOUGHT IT WAS BARCLAYS U FUCKS

you're taking the fucking fees but refuse to acknowledge the account.

I cant even shut the fucker now. geniuses.

also they fail to mention you cant DO ANYTHING with the account. inept fucks.


also turns out, that Poland may be a large country but million do barclays realise it has it's own currency, woman at the till said "oh but it's not on the drop down menu of currencies are you sure they don't use euros....."

[mondatoo]

Yea don't do Barclays!!

I sat and listened while the advisor told me I could have a USD account.  I asked if I could withdraw from it in USD.  I was told that was not a problem... they would have to give me GBP, but as they had an fx bureau in branch... I could move over to that and change it back to USD....

opening a usd account with barclays does not open a usd account with barclays. it's hilarious.

they then send you letters demanding money for nothing, saying come into branch to sort it out, go to branch, they look at you like you've killed their children and tell you to phone the company you took the account out with LOL I THOUGHT IT WAS BARCLAYS U FUCKS

you're taking the fucking fees but refuse to acknowledge the account.

I cant even shut the fucker now. geniuses.

also they fail to mention you cant DO ANYTHING with the account. inept fucks.


also turns out, that Poland may be a large country but million do barclays realise it has it's own currency, woman at the till said "oh but it's not on the drop down menu of currencies are you sure they don't use euros....."

TWATS!

[leethefish]

interesting 

[Simon Galloway]

Having a USD account is useful (if you don't like paying vig) just make sure to ask a couple of questions before opening it 

Account charges (pref none) account functionality (pref some) with particular emphasis on w/d'ing in USD.

[nirvana]

Having a USD account is useful (if you don't like paying vig) just make sure to ask a couple of questions before opening it 

Account charges (pref none) account functionality (pref some) with particular emphasis on w/d'ing in USD.

Standout advice this, also, part of my checklist is:

a) Do they take d/ps'ts ?
b) OK, you got the fundamentals but can I make x/fr's ?

Anyone can feel free to PM me if they need to know more