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  1. #1

    Default Currency conversion = Vig!

    I have accounts at Pinny, Greek, & Canbet in Canadian dollars (CAD), depositing with a CC is no problem, I pay the $2.50 **** charges for the transaction because they consider it a "cash advance", ok.

    My exchange accounts - Betfair, Matchbook, & Tradesports are in US dollars, now the Canadian dollar has a higher value than the US dollar as I write this. When I deposited to Tradesports using my CC it cost me an additional 2.5% to deposit in USD, this is charged by **** and there is no way around it. From now on when I deposit to a USD account, I'm using Moneybookers, yes the exchange game (especially when using a CC) adds vig to the cost of funding.

  2. #2
    20Four7's Avatar Become A Pro!
    Join Date: 04-08-07
    Posts: 6,496
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    Avoid all currency charges they are bad. I withdrew from Justbet into my *** (which will only give me cnd$ not us$) and I got hit with a $5 US processing fee plus I didn't get anywhere near par (maybe 96or 97 cents). Got hit again when I moved it to 5dimes. All my accounts are in US$ complete with US$ bank account. Anytime I have to change currency at a site they rape me.

    Stick to one currency and you'll mostly be fine.

  3. #3
    Bill Dozer's Avatar Administrator
    Join Date: 07-12-05
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    There sure is a lot more overhead involved these days. Before you can think about your bet you have to figure out how much it's going to cost to get down. It's the not-so fun part of the game now. Lots of new things some of us have to think about like CC deposit charges, third party wire fees, currency exchanges etc...

    SBR Founder Join Date: 7/12/2005


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