Sunday, March 2, 2014

Exchanging Currency in Canadian Casinos


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For those who plan to play in Canadian Casinos it's important to use Canadian money. They don't accept currency from the us (or another Country) on the tables or within the slot machines. Therefore it is going to be necessary for you convert your currency into Canadian money if you wish to play within the casino. You don’t need to 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 belongings 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 United states of america 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 MAY 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 course 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 principle cage.

When I got the casino’s main cage I gave them $300 in United states of america 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 inside the same building the velocity of exchange was different. The following time I CAN remember to check around before converting my money.

Converting Back When you change your currency back from Canadian to America dollars the velocity of exchange is 1.28. This implies you can 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 United states of america dollars, I USED TO BE charged about 3% exchange my a reimbursement.

Convert as You Go Since it is going to cost you to transform your a reimbursement I LIKE TO RECOMMEND that you just convert only the cash as you wish to have it. You should use this that can assist you manage your money while you gamble within the casino.If you will sit for a gambling session you wish to decide prior to time how much you wish to risk for the session and only convert that much money. When you run out you may be forced to stroll clear of the table or machine in an effort 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 as opposed to applying for credit. This lets then keep this money secure but additionally lets them write a maker on the table against their very own money. Should you plan on doing this at a Canadian casino you would like 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 cash during his visit. When he went to retrieve his money on the end of the stay he found that he were 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 BELIEVE this can be 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 depart the bank cards home once they gamble. I still advise so you might never use your bank card to take a cash advance. However if you happen to 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 every other purchases you are making in Canada. The bank card companies may be able to negotiate the most productive rate of exchange. Because of this should you charge you purchases you'll usually find that it's not up to the quoted exchange rate. Because you might be charging your purchases there is not any want to convert a large number of excess money that you'd want to convert back on the end of your stay. You're going to save the 3 percent you would need to pay to transform your a refund.

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


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