At one time Australian players wanting to wager at online casinos had to transact in U.S. dollars or euros or British pounds. It was not very convenient for them to do this and many Australians stayed away from online casino gambling. However, now the best of online casino operators offer special portals for Australian players where transactions are done in Australian dollars. These are known as AUD online casinos. We have recommended the best AUD online casinos and in this article explain to beginner players why they should wager only at these.
Payments at AUD Online Casinos
The first step in real money wagering at any online casino is to make a deposit at the cashier. If that online casino does not accept Australian dollars then you will have to make a deposit in another currency. You will have to exchange your amount in Australian dollars to a currency accepted by the online casino, saying euros. You can do this at your bank or can ask your payment solutions provider to do it for you. Some online casinos would accept Australian dollars from you, and carry out the currency exchange on your behalf. In each case you will have to pay the commission that is normally charged on currency exchanges. Ultimately the actual deposit amount will be lower by the extent of the commission and other charges and you will start with a smaller bankroll. When you withdraw funds in a foreign currency you have to ultimately exchange it to Australian dollars. Again you will lose the currency exchange commission and charges and will get an amount less than your actual withdrawal.
Wagering at AUD Online Casinos
When you are carrying out transactions in a foreign currency you are bound to feel a bit uncomfortable because you are always trying to figure out how much you are actually paying in your own currency. The same is true when you are wagering at online casinos in a currency other than Australian dollars. The Australian dollar is slightly more volatile than other currencies and therefore there is greater variation in the exchange rate, leading to greater uncertainty.
Benefits of AUD Online casinos
At AUD online casinos all these problems are eliminated. You deposit and withdraw funds in Australian dollars and do not incur any commissions or charges. You wager in Australian dollars and therefore you know exactly how much you are spending in your own currency. This enables you to plan your wagering better. You are perfectly sure of when you should stop and how much you can carry on.
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