InterPoker
 

Okay, so they've got games in differenct currencies. What would happen if an American boy like myself played in those games? I mean, other than I'd take all their poundage or whatever.

Is it doable? Would I want to? Would the exchange rate be an extra rake?

Since you cash in and out during the same session, I don't think the exchange rate means anything (it's a wash)... Just consider yourself buying chips or units and then playing with those. Whether $200 US gets you 50 units, or 500 units, it doesn't matter. See what I mean?

Rake would all be relative. They would rake .25 pounts on a 5 pound pot (larger pot), or $0.25 on a $5 pot (smaller pot).

Elementary my dear Watson.

I guess the rate of exchange is roughly 2:1, so a 5/10 game in lbs is like a $2.50/$5.00 game.

Have you guys ever been playing on InerPoker and been asked to prop? I had a pop up screen come up offering me $13 an hour to start 5/10 european table.

Shabi, this should help you out.

lol thats an odd question..

Yes, I have been asked to prop, but it's always games I'm not interested in, so I've always had to turn it down...

Edit: As for your exchange rates, I don't know if you mean pounds or Euros, but I think you're doing your math backwards.

Again, it doesn't matter though. Sit down and it will tell you exactly how many US$ are required to cover the buy in you are choosing.

no the math isnt backwards...pounds are more valued than dollars so you would cut it in half (5/10 pounds = $2.50/$5.00 US)

I think it should be 5/10 pounds= 10/20 US$. Because if a pound is worth $2 (it's more valued) then you would multiply by 2, not divide by 2 :)

you know what thats true

god i suck

(stop smoking weed plug here)

me thinks me better stick to USD.

I've done a bit of propping here and there for them, never got anywhere near 1 hour, much less two. It can be a very good way to catch morons and take their money if you're good at headsup/VERY shorthanded play. :D

Not quite, 1 pound is worth about $0.54. If you used the link I posted you would know this ;) .

Or, you could realize it doesn't matter. If a pound is worth 95 cents or 2 cents, you're still palying with chips. When you cash in and cash out, the conversion is the same, so it's a wash. Sit with the US$ amount you want to play with (however many pounds that may be), and then just play normal poker.

A basic awareness of the exchange rate would be a good idea for game selection (so you know what tables you want to play at), but once you choose a table, the conversion means nothing.

That is what I meant.

Rake is relative.

But if you are playing 1 lb./2 lb., or $1/$2, it's almost like playing $2/$4 if you are playing in pounds.

Exactly.

Yeah, but if you're a 5/10 USD player and sit down at a 5/10 euro table you're playing for twice the stakes. That was the point. Either way, this is becoming annoying.

I say we all take all of our money, start a $100/$200 private table, and just cap everything, winner takes all.

Can you tell "professional" play is making me fucking nuts?

This currency thing is weird. They should be able to translate everything into whatever the players option is. That way you always know how much you are calling/playing for in your currency.

To be honest I wouldn't bother. I'm sure these sites take a cut when they are converting.

You are right, they do take a fee for converting your money to get into a table of pounds/euros....guess I'll just stick to the $ games. :confused:

You sure about this? I thought they gave you the same rate when you cashed in to a table as when you cashed out from it...

Nope, I was wrong again. I misread the terminology they were using on the buyin screen.

Looks like they do a conversion. I had clicked on the register for a button to regiter for a tourney and it said buyin+fee and then another fee listed and then a total cost in dollars. I thought the other fee was a conversion fee.

:rolleyes: