The Gest Currency to use for Online Gaming
Three currencies you should be gambling, betting, and online gaming with to get the most out of your money.
13:44 22 June 2021
It is not uncommon for online Casinos to give you a choice of which currency you'd like to gamble with. Understandably, many people are suspicious of this.
Is this choice a trick that will help the casinos make a bigger profit? What is the best currency to bet with at online casinos? Today we're going to answer that question and talk about the three best currencies to gamble with.
Before you start, make sure that your bank will not charge you for withdrawing your money in a different type of currency. This is an easy way to lose money.
#1 - The US Dollar
You will find that most online games offer you the choice of betting with US dollars. It is one of the most stable currencies in the world and is easy to trade in.
If the casino offers you the chance to trade in US Dollars then you should take it. Particularly, if you live in a country outside of the US or Europe, as it will be the best value for money for you.
#2 - The Euro
The Euro is actually one of the most popular currencies to gamble in online. It is the currency used by a large part of the European continent, and online Casinos outside Europe have been known to use it as a way of drawing in European customers.
In fact, these casinos outside of Europe are so keen to get European customers that they will often do deals, jackpots, and offers exclusively for people who bet with Euros. These kinds of deals are ones that you should be looking to make the most of when they appear.
#3 - The Great British Pound
The British Government supports the world of online gambling more than nearly any other government in the world. It passionately protects its citizen's right to gamble. Online gaming is also classified as a form of gambling and therefore has similar protections.
For this reason, many of the world's most popular betting sites and online casinos are based in the UK. For this reason, it is a good idea to be okay with gambling in GBP. Again, you will find many exclusive offers when you bet with GBP.
It is worth looking into currency rates, i.e. how well the USD is against the GBP before placing your bets, as it may affect your profits.
Bonus - Cryptocurrency
We predict that over the next few years we will see an increase in the number of casinos and online games that are willing to take bets in Cryptocurrency.
The Cryptocurrency market is still quite volatile and many bigger businesses are reluctant to invest in it just yet. But as the market becomes more established over the next few years, we are almost certain to see a rise in the number of companies that start accepting the major coins.