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pgil
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10-11-2007, 04:05 PM
Post subject: Canadian Players: Bankroll question
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#1 (permalink)
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Full House
Join Date: Jun 2005
Posts: 1,103
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What are other Canadians doing with their bankrolls with the current state of the dollar. I came to the sad realization today that I am losing a fair bit of money each and every day with the falling US dollar, regardless of how I play.
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"If you can't say f*ck, you can't say f*ck the government" - Lenny Bruce
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jyms
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Tilting Mod
Join Date: Feb 2006
Posts: 4,836
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I am doing what every Canadian does in a bad situation when it comes to our Government. Holding my balls and biting my tongue. Oh and staying home and playing poker since I've been laid off for the exact same situation.
Funny thing, Now Ontario has another Liberal government. I may have no balls left to hold.
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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Not much you can do unless you switch to a European site and play in Euros or British Pounds. I don't think the $US has much more downside left in it against the $CDN...maybe a few cents, although some are talking the $CDN potentially reaching $1.10 (shudder). I think you'll see some intervention by the Bank of Canada before that happens though.
Regardless, I'm holding on and waiting for the $US to climb back somewhat before I do anything. Now would not be the time to sell, imo. It's like selling a stock when it's down.
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BankItDrew
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4-of-a-Kind
Join Date: Oct 2005
Location: Losing Prop Bets
Posts: 2,789
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I am not changing my withdrawl frequency, or amount, based on currency.
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KoRnholio
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4-of-a-Kind
Join Date: Jul 2005
Posts: 2,165
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Quote:
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Originally Posted by BankItDrew
I am not changing my withdrawl frequency, or amount, based on currency.
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QFT. Dollar fluctuations are just another form of variance.
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Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
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