Monday, May 26, 2014

Exchanging Currency in Canadian Casinos


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If you happen to plan to play in Canadian Casinos it's a must 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 is going to 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 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'LL convert my money on the main casino cage. As I USED TO BE walking in the course of the casino I SPOTTED 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. As opposed to converting my money at this kiosk I DETERMINED to visit the principle cage.

When I got the casino’s main cage I gave them $300 in America currency and received $372 in Canadian money. I have been 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 be sure to check around before converting my money.

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

Convert as You Go Since it'll cost you to transform your a refund I LIKE TO RECOMMEND that you simply convert only the cash as you wish to have it. You should 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 desire to risk for the session and only convert that much money. In case you run out you can be forced to stroll clear of the table or machine to be able to get extra money. 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 additionally permits them to write a maker on the table against their very own money. For those who plan on doing this at a Canadian casino you need 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 concerning 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 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 once they gamble. I still advise that you can never use your bank card to take a cash advance. However in the event you visit the Canadian casinos (or anywhere else in Canada), I LIKE TO RECOMMEND that you simply use your bank card for all other non gambling expenses. This includes buying your hotel, food or some other purchases you're making in Canada. The bank card companies may be able to negotiate the most efficient rate of exchange. Which means that for those who charge you purchases you'll usually find that it's not up to the quoted exchange rate. Because you may be charging your purchases there's no wish to convert a large number of 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]
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