Beat: Party tries to rob the Brits
 

But Brag - I found out a way to get past this!!

Just wondered if anyone else is in the same boat as me? I am in the UK and play on Party. Whenever I cash out I am always pretty disgusted at the amounts they charge to send it to my switch/debit card here in the UK.
For example, I had $13732 in there this morning. To cash that out I would get £6548 go into my bank account.

BUT

If you update your profile and change your preferred currency to GBP from USD it magically changes to £6752. I can then just cash this out to my bank (£1.50 fee) and Party's FOUR HUNDRED BUCKS of charges just disappear!!!

I wonder why they haven't advertised this feature!!!

Re: Beat: Party tries to rob the Brits
 

dude keep this [censored] out of bbv

Re: Beat: Party tries to rob the Brits
 

Someone move it then please. I just post in here a lot and thought it might help one or two guys.

Re: Beat: Party tries to rob the Brits
 

crap, ive been getting raped

Re: Beat: Party tries to rob the Brits
 

Why would you tell people then? Bet you they fix it now.


Time for an Office Space quote:
"Thumbs up their asses. Thumbs up their asses."

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
Why would you tell people then? Bet you they fix it now.


Time for an Office Space quote:
"Thumbs up their asses. Thumbs up their asses."

[/ QUOTE ]Go IM somebody who wants to hear you talk.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
crap, ive been getting raped

[/ QUOTE ]
Seriously.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
Someone move it then please. I just post in here a lot and thought it might help one or two guys.

[/ QUOTE ]

[censored] the haters Flintoff. See you in Aus - Sydney or Melbourne this time?

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
But Brag - I found out a way to get past this!!

Just wondered if anyone else is in the same boat as me? I am in the UK and play on Party. Whenever I cash out I am always pretty disgusted at the amounts they charge to send it to my switch/debit card here in the UK.
For example, I had $13732 in there this morning. To cash that out I would get £6548 go into my bank account.

BUT

If you update your profile and change your preferred currency to GBP from USD it magically changes to £6752. I can then just cash this out to my bank (£1.50 fee) and Party's FOUR HUNDRED BUCKS of charges just disappear!!!

I wonder why they haven't advertised this feature!!!

[/ QUOTE ]

You are very welcome for posting that good news! [img]/images/graemlins/grin.gif[/img]

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
[ QUOTE ]
Someone move it then please. I just post in here a lot and thought it might help one or two guys.

[/ QUOTE ]

[censored] the haters Flintoff. See you in Aus - Sydney or Melbourne this time?

[/ QUOTE ]

Melbourne mate. Counting down the days! Im gonna break The Crown!!

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
Why would you tell people then? Bet you they fix it now.


Time for an Office Space quote:
"Thumbs up their asses. Thumbs up their asses."

[/ QUOTE ]
You're an idiot.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
[ QUOTE ]
Why would you tell people then? Bet you they fix it now.


Time for an Office Space quote:
"Thumbs up their asses. Thumbs up their asses."

[/ QUOTE ]Go IM somebody who wants to hear you talk.

[/ QUOTE ]Oh I forgot. There isn't anyone.

Re: Beat: Party tries to rob the Brits
 

I've been using a USD neteller account. Makes things easy but atm I do only get £480 for $1k after netellers 1.9% charge.

Re: Beat: Party tries to rob the Brits
 

[censored] me...I had no idea. I have 6 figures on Party at the moment so I could get screwed if I cash it out the old fashioned way. Danm exchange rate.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
[censored] me...I had no idea. I have 6 figures on Party at the moment so I could get screwed if I cash it out the old fashioned way. Danm exchange rate.

[/ QUOTE ]

Well I reckon that's over $3000 I've just saved you :P

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
[ QUOTE ]
[censored] me...I had no idea. I have 6 figures on Party at the moment so I could get screwed if I cash it out the old fashioned way. Danm exchange rate.

[/ QUOTE ]

Well I reckon that's over $3000 I've just saved you :P

[/ QUOTE ]

Could be [img]/images/graemlins/wink.gif[/img] Actually, I just noticed there is a post about this in MSNL (the Party thread) and I think Party are accepting that it's a bit of a rip-off. Maybe it will change, or maybe I'll just believe anything!

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
[ QUOTE ]
Why would you tell people then? Bet you they fix it now.


Time for an Office Space quote:
"Thumbs up their asses. Thumbs up their asses."

[/ QUOTE ]Go IM somebody who wants to hear you talk.

[/ QUOTE ]

Three people actually messaged me...

Heres one more:
"I believe you get your ass kicked for that one."

Re: Beat: Party tries to rob the Brits
 

Where do you change your currency in your profile?

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
Where do you change your currency in your profile?

[/ QUOTE ]

Ring up their customer service line like I did. The helpful Indian lady got me sorted!!!!

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
Where do you change your currency in your profile?

[/ QUOTE ]

Go to "cashout".

You have 5 options across the top. Home, Deposit, Cashout, Contact Us and Help.

Click on Home.

Then "Update your profile". The option to change it is in there.

You have to be logged out of Party Poker to update this.

And if you ever want to change it back again you will have to email support. I am just going to do this every time I want to cashout.

Re: Beat: Party tries to rob the Brits
 

Ah, thats probably what the problem is. I'm trying from work while I'm datamining at home. I changed it before to EUR, then changed it back to USD because of the inconvenience. I didn't realise i was getting screwed.

Re: Beat: Party tries to rob the Brits
 

I'm also in the UK. I just did as you said and changed my account from dollars to sterling. So that means I now won't have to pay any conversion fees at all, just the $1.50 charge?

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
crap, ive been getting raped

[/ QUOTE ]

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
[ QUOTE ]
crap, ive been getting raped

[/ QUOTE ]

[/ QUOTE ]

Flintoff, cheers very much for posting this.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
I'm also in the UK. I just did as you said and changed my account from dollars to sterling. So that means I now won't have to pay any conversion fees at all, just the $1.50 charge?

[/ QUOTE ]

That's correct.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
crap, ive been getting raped

[/ QUOTE ]

[/ QUOTE ]

Flintoff, cheers very much for posting this.

[/ QUOTE ]

You're welcome. Robbing b******s!!!

Re: Beat: Party tries to rob the Brits
 

Wait hold on if my account is GBP when I sit at a table it converts it to USD for that table... When I sit off that table wont I of been screwed from exchange rates?

Re: Beat: Party tries to rob the Brits
 

So if you change your account from dollars to sterling, what exchange rate do party use internally to convert? A different one to the (ripoff) one they use when you cashout dollars to a sterling account? That is borderline criminal.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
Wait hold on if my account is GBP when I sit at a table it converts it to USD for that table... When I sit off that table wont I of been screwed from exchange rates?

[/ QUOTE ]

I havent bothered to work that out. As soon as I cashed out this morning (in GBP) I asked them to convert it back to USD. Maybe someone can look into that.

Re: Beat: Party tries to rob the Brits
 

does this thing work for EUR too

Re: Beat: Party tries to rob the Brits
 

No matter what way you do it, your always going to get screwed by exchange rate.

Re: Beat: Party tries to rob the Brits
 

It's the changing one way and then back again I'm not certain of. I'd rather play in $s, cos at least you know exactly what is going on etc. What happens if you change the whole lot to $s, then cash out some in local currency, then change what's left back? Do you lose on the switch?

Without thinking too deeply, I guess Party can't screw you too bad on switching within the site if they use the same rate to convert when you join and leave a table - because if that happened you could play a bit, break even, and still end up with less in your account despite the real exchange rate not changing.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
No matter what way you do it, your always going to get screwed by exchange rate.

[/ QUOTE ]

That isnt true. Look again at what I wrote.



For example, I had $13732 in there this morning. To cash that out I would get £6548 go into my bank account.

BUT

If you update your profile and change your preferred currency to GBP from USD it magically changes to £6752. I can then just cash this out to my bank (£1.50 fee) and Party's FOUR HUNDRED BUCKS of charges just disappear!!!

Re: Beat: Party tries to rob the Brits
 

This whole genius plan kind of hinges on the fact that Party actually give you a fair rate when they convert your account. Hmmm.

Re: Beat: Party tries to rob the Brits
 

I was told a little while ago by a friend that he had about 12k or something on a site (not sure which one) and 6 months later it was 20k without playing a hand. He just switched currency at good times (either because of the lag the site used or the rounding). I doubt that was Party, and I'm not sure he still does it, but it's not certain that all sites act in a [censored] way over converting monies.

Re: Beat: Party tries to rob the Brits
 

[ QUOTE ]
crap, ive been getting raped

[/ QUOTE ]

Re: Beat: Party tries to rob the Brits
 

for people not using eur/gbp as their homeland currency(like me from sweden), can we do anything about this or are we stuck using shtty exchange rates when cashing out?

Re: Beat: Party tries to rob the Brits
 

Sounds like you can in effect use Party to play the currency markets.

Let's say years ago back when it was $1.6 to £1 you deposited $20,000 then changed your account to sterling, you would have £12,500. Then when it hits $2 to £1 you change back to dollars, and it's worth $25,000. However your expected earnings from playing good poker at Party in this period would have been much higher than a measley five grand! And I'm sure the reason you have to email support to change currency more than once is precisely to stop this.

Re: Beat: Party tries to rob the Brits
 

The currency conversion charge applies to changing your account currency too (this is documented), feel free to change it repeatedly if you don't mind losing your roll 3% at a time.

Re: Beat: Party tries to rob the Brits
 

He's still better off if he gets more for his cashout. Since his balance after cashout is zero, switching back doesnt cost him anything.