vpFREE2 Forums

new to Can. gaming

#1

In a message dated 8/27/2007 10:25:22 PM Central Daylight Time,
ehpee@rogers.com writes:

If you want to avoid getting ripped off on exchange back and forth, arrange
a line of credit with
the casino. If you do that then you only pay the service charge for
exchanging money one way.

Say if I go to Windsor, how 'bout if I stop at a large bank in Detroit (I
see they have several, including Chase) before I cross the Canadian border to
exchange my money.... and then take my Canadian wins ( hopefully) back to the
bank after I leave Canada to exchange them back into US dollars? I hear the
exchange rate might be better then the casino's, but I don't know if there is
also a service charge.

I don't have a problem with a line of credit, either

Thanks, AP

And thanks to Neil for his reply, also.

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[Non-text portions of this message have been removed]

#2

Say if I go to Windsor, how 'bout if I stop at a large bank in

Detroit (I

see they have several, including Chase) before I cross the

Canadian border to

exchange my money.... and then take my Canadian wins ( hopefully)

back to the

bank after I leave Canada to exchange them back into US dollars? I

hear the

exchange rate might be better then the casino's, but I don't know

if there is

also a service charge.

It's not a "service charge", but the fact is that when you sell
Canadian dollars back to the bank in Detroit, they will give you less
for them than you paid.

Neil

···

--- In vpFREE_Canada@yahoogroups.com, baggitt15@... wrote:

#3

As someone who used to live in the Detroit area I thought I would add
my comments. I would do the money changing on the Canadian side and
not in Detroit. The banks over there will give you just as good a
rate as the ones in Detroit. And if you are unfamiliar with Detroit
it is probably best to just avoid it, some neighborhoods and whole
huge area's are seriously scary crime wise. Once you are over in
Windsor on the other side there are no area's that you need to worry
about.

> Say if I go to Windsor, how 'bout if I stop at a large bank in
Detroit (I
> see they have several, including Chase) before I cross the
Canadian border to
> exchange my money.... and then take my Canadian wins (

hopefully)

back to the
> bank after I leave Canada to exchange them back into US dollars?

I

hear the
> exchange rate might be better then the casino's, but I don't

know

if there is
> also a service charge.

It's not a "service charge", but the fact is that when you sell
Canadian dollars back to the bank in Detroit, they will give you

less

···

--- In vpFREE_Canada@yahoogroups.com, "neilemb" <nembree@...> wrote:

--- In vpFREE_Canada@yahoogroups.com, baggitt15@ wrote:
for them than you paid.

Neil

#4

Just one minor clarification. When I refer to a service charge, I mean the built in bump in the
exchange rate that ALL banks use. i.e. If the official bank rate is 95 cents on the dollar, they
will sell you the dollar for 97 cents and buy it back from you later for 93 cents . If you do a
lot of cross border playing another good alternative is to open up an account in the U.S. that is
in Canadian dollars (if possible). I have a Canadian account in U.S. dollars for my cross border
gambling.

Regards
A.P.

#5

This is good to know. I heard about some of those
Detroit "stories" but I never really thought they were
true.

···

--- markhaslem <markhaslem@yahoo.com> wrote:

As someone who used to live in the Detroit area I
thought I would add
my comments. I would do the money changing on the
Canadian side and
not in Detroit. The banks over there will give you
just as good a
rate as the ones in Detroit. And if you are
unfamiliar with Detroit
it is probably best to just avoid it, some
neighborhoods and whole
huge area's are seriously scary crime wise. Once
you are over in
Windsor on the other side there are no area's that
you need to worry
about.

--- In vpFREE_Canada@yahoogroups.com, "neilemb"
<nembree@...> wrote:
>
> --- In vpFREE_Canada@yahoogroups.com, baggitt15@
wrote:
>
>
> > Say if I go to Windsor, how 'bout if I stop at a
large bank in
> Detroit (I
> > see they have several, including Chase) before I
cross the
> Canadian border to
> > exchange my money.... and then take my Canadian
wins (
hopefully)
> back to the
> > bank after I leave Canada to exchange them back
into US dollars?
I
> hear the
> > exchange rate might be better then the
casino's, but I don't
know
> if there is
> > also a service charge.
>
>
> It's not a "service charge", but the fact is that
when you sell
> Canadian dollars back to the bank in Detroit, they
will give you
less
> for them than you paid.
>
> Neil
>

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#6

Back when I used to live in the Detroit suburb of Southfield the
pizza companies and the taxi companies would distribute maps of
Detroit showing where they would and wouldn't do pickup or delivery.
It was approx half of the city that they wouldn't send anyone out to,
and it has actually gotten worse since then. But those little maps
were useful they gave you a good idea of where the worst area's were.

--- In vpFREE_Canada@yahoogroups.com, Neil Gibson <urban_tale@...>
wrote:

···

This is good to know. I heard about some of those
Detroit "stories" but I never really thought they were
true.

--- markhaslem <markhaslem@...> wrote:

> As someone who used to live in the Detroit area I
> thought I would add
> my comments. I would do the money changing on the
> Canadian side and
> not in Detroit. The banks over there will give you
> just as good a
> rate as the ones in Detroit. And if you are
> unfamiliar with Detroit
> it is probably best to just avoid it, some
> neighborhoods and whole
> huge area's are seriously scary crime wise. Once
> you are over in
> Windsor on the other side there are no area's that
> you need to worry
> about.
>