What is the ‘US Dollar’?
The US Dollar ($) is the currency unit for the Unites States of America. It is sometimes heard as ‘the American dollar’. Colloquially, dollars are known as bucks. Gambling establishments in the US tend to accept dollars only, though some larger venues in Las Vegas and Atlantic City provide currency exchange services for international visitors. Online casino services that do not accept dollars often allow conversions through a third party merchant, such as PayPal.
‘US Dollar’ Explained
The ‘US dollar’ is the currency used in the United States. One dollar is equivalent to around £0.77 in UK Sterling and to €0.91 in Euros. As well as serving as the primary currency for the North American country, the US dollar acts acts the world’s primary reserve currency. Dollars are the currency used for most international trade deals, and any global financial information such as world debt or worldwide indexing tends to be expressed in terms of dollars.
The global casino industry is often talked about in terms of its dollar value, and international gambling statistics are often expressed as dollar amounts. Players at US casinos are expected to use dollars to bet, although they might be able to exchange other currencies at a competitive and fair rate via the venue itself. Online casino currency exchanges are far simpler to carry out, because they are facilitated by dedicated payment merchants. Gamblers can deposit their native currency and receive a dollar balance in return, so they can bet on leading US games.
However, there are restrictions for gamblers who bet online from outside of the establishment’s home nation. Not all national laws permit remote gambling; for example, a UK player who makes dollar bets at a New Jersey casino online might be breaching state laws that say players must be located within the state boundaries. Always check the rules about regions and currencies before signing up to bet.