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[QUOTE="EarnDAStack, post: 7097555, member: 373435"]
The major currency pairings account for purchasing power as they are trading.

On day 1 if you exchange $100 for 80 GBP you have the equivalent of $100 worth of purchasing power denominated in your home currency.
On day 2 if you exchange $100 for 76 GBP you have the equivalent of $100 worth of purchasing power denominated in your home currency.

If you buy a gram of gold for $100 the 80 GBP from day 1 and the 76 GBP from day 2 are worth the same amount, 1 gram of gold which is equal to $100 USD

Another example would be if $100 = 80 GBP a $100 pair of football boots in the US will be 80 GBP in the UK. When you withdraw that $100 and only get 76 GBP you can go online and that 76 GBP will buy you the same $100 set of boots from a US companies website even tho you won't be able to afford the 80 GBP tag at home from a UK company.

Obviously this example leaves out shipping and what not but you can substitute it with digital products and it works the same.

Either way I'm glad you're winning and not having to deposit but it means you miss one side of the transaction... when you only get 76 GBP when you withdraw $100 USD it also means you can buy $100 worth of USD for 76 GBP when it usually costs 80 GBP. It doesn't just have to be poker, it can be any item with international demand.

If we multiply it by 1000 and use a more fun example,

Withdrawing $100,000 on day one and getting 80,000 GBP for it and then getting 76,000 GBP on day two, means we can buy a $100,000 USD BMW for 80,000 GBP on day one and we can buy the same $100,000 BMW for 76,000 GPB on day two.

GL

EDS
[/QUOTE]

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