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  #1  
Old 07-07-2007, 12:44 PM
hypermegachi hypermegachi is offline
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Join Date: Oct 2004
Location: flop turn river
Posts: 565
Default party\'s exchange rate is so bonkers up!!

i just checked it now out of curiosity.

$1US = $1.02CA
$1CA = $0.91US

huh???
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  #2  
Old 07-07-2007, 01:58 PM
davmcg davmcg is offline
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Join Date: Jan 2003
Posts: 157
Default Re: party\'s exchange rate is so bonkers up!!

[ QUOTE ]
i just checked it now out of curiosity.

$1US = $1.02CA
$1CA = $0.91US

huh???

[/ QUOTE ]

It's called ripping off customers at any opportunity. Why does that puzzle you?
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  #3  
Old 07-07-2007, 03:35 PM
NL__Fool NL__Fool is offline
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Join Date: Feb 2006
Posts: 817
Default Re: party\'s exchange rate is so bonkers up!!

[ QUOTE ]
It's called ripping off customers at any opportunity. Why does that puzzle you?

[/ QUOTE ]

Because every single place on earth has the US dollar higher then the Canadian except party Poker.
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  #4  
Old 07-07-2007, 03:37 PM
cardman cardman is offline
Senior Member
 
Join Date: Mar 2007
Posts: 999
Default Re: party\'s exchange rate is so bonkers up!!

[ QUOTE ]
i just checked it now out of curiosity.

$1US = $1.02CA
$1CA = $0.91US

huh???

[/ QUOTE ]

The vig is horrible. Assuming they actually meant to say they give 0.91 US for 1 CA and give 1.02CA for 1 US.
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  #5  
Old 07-07-2007, 03:45 PM
SmokeyRidesAgain SmokeyRidesAgain is offline
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Join Date: Aug 2006
Location: drawing dead preflop
Posts: 2,115
Default Re: party\'s exchange rate is so bonkers up!!

I was about to move my roll to party and start grinding there.

LOL. Not after 3 threads a day illustrating how party is ass.
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  #6  
Old 07-07-2007, 08:39 PM
hypermegachi hypermegachi is offline
Senior Member
 
Join Date: Oct 2004
Location: flop turn river
Posts: 565
Default Re: party\'s exchange rate is so bonkers up!!

[ QUOTE ]
[ QUOTE ]
i just checked it now out of curiosity.

$1US = $1.02CA
$1CA = $0.91US

huh???

[/ QUOTE ]

It's called ripping off customers at any opportunity. Why does that puzzle you?

[/ QUOTE ]
it's pretty standard to rip off the customer around 2% for exchange. it's entirely different when the inversion of exchange rates is almost 7% off.
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  #7  
Old 07-07-2007, 08:59 PM
supafly supafly is offline
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Join Date: Jul 2007
Posts: 4
Default Re: party\'s exchange rate is so bonkers up!!

Do they not have adhere to a certain rate? I remember receivng a check that wasn't converted at all they gave me $200 Canadian for a $200US cashout. When I contacted the poker site they apologised and gave me the difference and when i asked about the conversion, they pointed me to a online site for merchants (can't remember the link) that they used for their conversions.
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  #8  
Old 07-07-2007, 09:47 PM
Bobo Fett Bobo Fett is offline
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Join Date: May 2006
Location: Canada, Eh!
Posts: 3,283
Default Re: party\'s exchange rate is so bonkers up!!

[ QUOTE ]
it's pretty standard to rip off the customer around 2% for exchange. it's entirely different when the inversion of exchange rates is almost 7% off.

[/ QUOTE ]
It does seem to be getting just a little worse all the time. Don't forget though, when the bank nails you for 2% one way, they also get you for 2 the other way. IE if they sell a US dollar for 1.08, they'll be buying it for 1.04.

That being said, this is almost 6.5%. They had a great rate for a while, then it was decent, now it's become expensive. The next step would seem to be exorbitant. And of course, that's not including all of their new $1-2.50 cashout fees. Ugh.
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  #9  
Old 07-07-2007, 09:58 PM
jukofyork jukofyork is offline
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Join Date: Sep 2004
Location: Leeds, UK.
Posts: 2,551
Default Re: party\'s exchange rate is so bonkers up!!

Is there any way us brits can open an account that uses dollars somehow? These exchange rates are starting to take the piss now... Each week they seem to be ripping us off a bit more.

Juk [img]/images/graemlins/smile.gif[/img]
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  #10  
Old 07-07-2007, 10:02 PM
1C5 1C5 is offline
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Join Date: Oct 2004
Location: Golf season...75, here I come
Posts: 6,378
Default Re: party\'s exchange rate is so bonkers up!!

Hahaha, Party is trying REAL hard to lose all their players.

1. Screw the affiliates.
2. Make the bonuses next to impossible to clear.
3. Increase rake.
4. Take a 7% vig on exchange rates. A $100 bonus now becomes a $40 bonus with these stupid rates.
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