U.S. Currency in Non-US Casinos.

[vegetagirl2008]

Is most casinos do not allow U.S. Players why do they have U.S. currency to wager with. I know for a fact the US currency is more in most countries, with the exception of British Pounds. Do one person play U.S. Dollars and win with U.S. Dollars or they have to exchange it for their currency in their country?

 

[Jasminebed]

I am in Canada, and if a casino does not support Canadian Dollars, i choose US funds.

Often I am hit twice for currency conversion...once to buy (when I deposit) and again to sell (if I acheive cashout). My Moneybookers account is in Canadian Dollars, so for example, if I deposit $100 Canadian, I'll buy $75 US. If I decide to call it even and cash out $75 US, I'll probably only get about $96. Plus, it cost me 90 cents for the transaction. Another 2.85 CDN if I want to wire it to my bank account, and a $14 fee from my bank for receiving a wire. Mind you, I have got money wired in US Funds directly from a casino, and my bank charges me a whole bunch for conversion, and still charges the $14 fee.

I never actually make a New Year's resolution until Chinese New Year's, but I am heavily leaning towards keeping track of how much of my online gambling is swallowed by prepaid cards, online wallets, banks, and currency conversion.

 

[vegetagirl2008]

I figured as much you had to pay more for the conversation than anything besides the other fees involved wow that is alot of money. Your practically left with nothing.

 

[KasinoKing]

If most casinos do not allow U.S. Players why do they have U.S. currency to wager with?

Most casinos are more than two-and-a-half years old.
i.e. they date back to when America was still a free country...

That's the most likely reason.
Although another factor is the $US is seen by many as an international currency.

KK