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Old 10-19-2007, 11:55 AM
stinkypete stinkypete is offline
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Join Date: Jul 2004
Location: lost my luckbox
Posts: 5,723
Default Re: FOREX: discrepencies in exchange rates?

a while back, there was an arbitrage opportunity on empire/party poker. you could deposit canadian dollars on empire, transfer the money in USD through neteller to party, cash out to your account, and actually make money.

unfortunately, their exchange rates are crap now and if you were to try the same thing you would lose 4-5%.
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