Exchanging Currency in Canadian Casinos

Players from all countries can PLAY!

If you happen to plan to play in Canadian Casinos you need to use Canadian money. They don't accept currency from the U.S. (or some other Country) on the tables or within the slot machines. Therefore it will likely be necessary for you convert your currency into Canadian money if you wish to play within the casino. You don’t must worry about exchanging your money before you visit because the casinos since you can exchange currency within the casino before you play. Listed below are a couple of stuff you should consider before exchanging your currency within the Canadian casinos.

Converting to Canadian Currency I visited the Windsor casino in Ontario for a weekend and desired to convert a few of my U.s.a. money into Canadian currency so I'LL play on the tables. I knew from a prior visit to Casino Niagara many years ago that I'LL convert my money on the main casino cage. As I USED TO BE walking in the course of the casino I REALIZED a kiosk in the midst of the casino floor with an indication saying the conversion was 1.25. This implies you receive $1.25 in Canadian money for each US dollar. In preference to converting my money at this kiosk I MADE UP MY MIND to visit the primary cage.

When I got the casino’s main cage I gave them $300 in U.s.a. currency and received $372 in Canadian money. I were paid at a rate of 1.24. I questioned the exchange rate noting that the kiosk had an indication saying the exchange rate was 1.25. I USED TO BE told that it was different on the kiosk. So I DISCOVERED out that throughout the same building the speed of exchange was different. The following time I WILL BE ABLE TO remember to check around before converting my money.

Converting Back When you exchange your currency back from Canadian to America dollars the velocity of exchange is 1.28. This implies you may be paid one US dollar for each $1.28 Canadian. Since I got paid 1.24 once I converted to Canadian dollars but needed to pay 1.28 to transform back to U.s.a. dollars, I USED TO BE charged about 3% exchange my a refund.

Convert as You Go Since it is going to cost you to transform your a refund I LIKE TO RECOMMEND that you just convert only the cash as you want it. You need to use this that will help you manage your money while you gamble within the casino.If you're going to sit for a gambling session you must decide prior to time how much you need to risk for the session and only convert that much money. For those who run out you may be forced to stroll clear of the table or machine with the intention to get more cash. I'LL BE a great time to take a break.

Do Not Deposit Money within the Casino CageSome players love to deposit money within the casino cage after they visit the casino in preference to applying for credit. This lets then keep this money secure but in addition permits them to write a maker on the table against their very own money. When you plan on doing this at a Canadian casino you ought to check their policy first. On fellow from our group deposited money within the cage on the Windsor casino. He never wrote a maker against the money during his visit. When he went to retrieve his money on the end of the stay he found that he have been charged a conversion rate. It cost him $80 to maintain his money within the cage although he never used it. When he inquired in regards to the charge he was told when he deposited his money it was converted to Canadian dollars and when he took it out it was converted back to US dollars and he was charged for the conversion. He asked to talk with a supervisor who told him this was the policy on the Windsor Casino. This was not posted anywhere and because he didn't ask up front there has been nothing he could do about it. I FEEL it is a rip off and that i advise you to test the policy BEFORE you deposit money within the cage on the other Canadian casinos.

Use Your Bank card for Other Expenses I always warn people to go away the bank cards home after they gamble. I still advise for you to never use your bank card to take a cash advance. However when you visit the Canadian casinos (or anywhere else in Canada), I LIKE TO RECOMMEND that you just use your bank card for all other non gambling expenses. This includes buying your hotel, food or another purchases you are making in Canada. The bank card companies may be able to negotiate the most productive rate of exchange. Which means for those who charge you purchases you're going to usually find that it's not up to the quoted exchange rate. Because you can be charging your purchases there is not any wish to convert numerous excess money that you'd want to convert back on the end of your stay. You are going to save the 3 percent you would need to pay to transform your a reimbursement.

Until Next time remember: Luck comes and goes.....Knowledge Stays Forever.

Read More... [Source: About.com Casino Gambling: What's Hot Now]