United States dollar online casinos
Gambling laws in US are very varied and complicated. Talking about offline gambling, some states allow it, some ban it, while other states still keep the situation unclear. With online gambling, it is even more puzzled. Not similar to Canadian online casinos, the rules strictly forbid the operators to run online parlours on the territory, but the citizens are not banned from reaching out to platforms operated from abroad (just like with Australian online casinos). On the other hand, the government takes efforts to block all online casinos that are available on the web from US, plus all local banks and even some e-wallets and other online payment systems are disabled from sending and receiving money from online casinos taking dollar.
However, most of the US gamblers are brave enough to reach out to foreign web parlours still not banned, to play their favourite casino games in the Internet. And of course, they want parlours that accept their national currency, USD! Luckily, there is no shortage of online parlours accepting US dollars. if you want only some of the best, check out the list of online gambling sites that accept USD that Casinority experts have collected for you.
United States Dollar Currency - History
The history of modern US dollar goes back to 1790s, to the times of President George Washington. At first, dollars were coins, made of gold, or silver, or otherwise. There were different variations of the coins, and only in 1928, the government produced paper dollar bills, after the Gold Standard Act was issued.
While during all its history, dollar was backed by gold and / or silver reserves, today it is fiat money, that is unbacked by any physical assets. The position of this currency depends on economic stability and growth, and also on political and military strategy of the United States of America. Nowadays, the majority of world currencies like Euro, Canadian dollar, Australian dollar, New Zealand dollar, etc., are most often traded against USD; dollar is very stable, and is valuable around the world.
What Countries Use United States Dollar
In reality, a bunch of countries use USD as their currency. They include:
Some state names are pretty unexpected, but yes, USD is very popular and stable currency, so those governments who decided to take advantage of its perks can eventually enjoy some benefits.
In terms of online parlours, though, the number of those accepting USD is huge; overall, almost every online casino, unless it is exclusively for locals, allows dollars for depositing and withdrawing. This means that the players wanting to use USD for financial operations at a gambling platform will face no issues, regardless of their actual location.
Current Situation With United States Dollar On The Market
Most countries’ currencies in the world are similar to US dollars, or much, much lower in currency exchange rate. So, it is a benefit to own USD in store in many regions. At the same time, USD is one of the most popular currencies on the globe, and can be exchanged almost everywhere.
This situation shows the advantageous position of this American currency in the world. This situation is unlikely to change to the worse in the nearest future.
Advantages of Betting With United States Dollar
One of the coolest advantages of betting with USD currency is that almost each and every site accepts it! Finding an online casino USA that allows USD for depositing and withdrawing is super easy, the only issue is to check whether the platform is safe and reliable.
Another benefit, specifically for United States residents, is that there is no need of currency exchange. They save their funds from losses on exchange rates, and avoid hidden commissions.
The third benefit of using USD for financial operations at online parlours is that, in case the player does not want to cash out their winnings in US (which is totally understandable, considering the laws), and would like to cash the money out in a different country, they will meet no issues about cashing out or exchanging the USD, almost anywhere in the world.
Popular Banking Methods For United States Dollar
The most unpleasant thing about current US gambling legislation is that the government banned all banks and even some of the biggest online payment systems like PayPal, from sending and accepting money from online parlours. This means that United States residents, as a rule, cannot use their plastic cards to deposit or withdraw money. Some digital systems also do not allow such operations. E-wallets and some smaller payment processing companies are the only option, including, but not limited to:
- Simplify Commerce
- Optimal Payments
See what options are offered to you by the site, them double-check if this payment system allows interactions with online parlours from US, and only then make online casino dollar deposit. Plus, consider having more than one system available to you, just to be on the safe side.