which currency is the best :P

Hi All....

just dropped in to ask whats the best currency to keep your money in the poker games websites? Is there any difference between the currencies? How any currency can help you more than the other ?

Thanks =]

Although I am from the UK I tend to keep all most
of my money on poker sites in Dollars as it seems to be
more widely used than Pounds Sterling

Quite a few European sites use the Euro as their
currency these days so it does get confusing

Take a site like Poker Stars, you can have an account
that deals in Dollars, Pounds Or Euros and I just
find it confusing, I wish they would invent a universal
Poker Site currency which everyone could use,
say the Poker Chip which would be equal to one Dollar,
.65 Pounds and .70 Euros, I know it wont happen but
if all money was converted to a universal poker "chip"
or whatever they called it, it would make things a lot
easier, or would it make things more confusing

anyhow I would say if you can use the currency you are
used to dealing with in the US the dollar, in the UK the
pound and in Europe the euro, basically whichever you
feel more confortable with

I do not know that any particuliar currency is better than any other. However, you do want to keep it in the most stable currency because you do not want to lose any part of your winnings in currency exchanges.

the best currency is the currency in my account.

I started playing euros with just a few bought for an incredibly loose table. Grinded me up a euro roll on pokerstars now, its fun.

My wife works for the International Monetary Fund, so that obviously makes me highly qualified to comment on this topic.

The problem is that currencies change value in relation to each other, so a poker site that did this would be entering the business of currency trading. As the value of a currency rises and falls in relation to others, people could theoretically time their deposits and withdrawals to make money from the poker site without ever playing a hand. The site would have to decide what percentage of funds to keep in each currency and could lose money if they make the wrong allocation.

Its best to stick with US $ as its the most basic and widespread across online rooms.

If I could play with EUROs on Full Tilt... I would like that a lot more...

US $ because its where i reside

If you can choose your local currency, then that is generally the best. It will make it cheaper to deposit and withdraw.

the more curency used obviusly is $ after that there is € but i think $ is better because i live in italy and the currency is € so when i deposit on ftp 10 € i have on my account about 14 dollars...

This may sound stupid, but i play on ipoker, you can play in dollars, euros and pounds. i play in dollars because i find the players at the other tables (euros and pounds harder to beat!

I'm from England but 99% of games are in dollars so just use dollars. I think I've seen one STT pound sterling game and that takes it time to fill up. Even the "regional uk leader board" games are $1.00 buy-in lol.

I think most offer you to convert into a different currency automatically if you sign up for a Euro/GBP game for example so I woulden't worry. Just stick to dollar games, besides which for a lower bankroll you get more play wth yor money on dollars as opposed to euros for example!

I find it best to use German marks. Just cleaner that way...