Online Casino Real Money

Wagering with Real Money in Online Casinos

Learn about what real money is and how you can use it at online casinos. Find out the advantages, disadvantages, and where you can bet using real money.

Now that you know what online casinos are, the bonuses they offer, and the different games you can play in them, it is time you know your wagering options. You can use real money or any cryptocurrency in online casinos so you can start playing and cashing out your winnings. Some casinos though prefer players like you to use real money instead of cryptocurrency.

What is Real Money?

Real money is the common form of payment for goods and services that you encounter everyday. It comes in paper and coin denominations whose value is decided by your government. There are different types of real money called currencies that are used depending on where you live. For example, if you live in India, the money you use is Rupee while among the most globally used currencies are Dollars and Euros.

Advantages to Using Real Money in Betting

Most online casinos accept this mode of payment which makes your wagering experience hassle-free. Although since online casinos are licensed in different countries, you need to check the currency they accept but that takes less than a minute to know. 

Additionally, most online casinos accept globally used currencies which makes transactions easier. The currencies that are accepted in most casinos are: USD, EUR, AUD, CAD, CNY, GBP, JYP, and INR.

There are also various payment methods you can use to pay using real money. This is done so if you do not have a debit/credit card, you can still play all you want. The other methods you can use are: E-wallets, self-service terminals, bank transfer, and prepaid cards.

Disadvantages to Using Real Money in Betting

While there are a lot of advantages to using real money, there are still disadvantages to it. Since real money uses banks and services as middlemen for transactions, sometimes it takes longer for a withdrawal to appear in your personal account.

This is because the casino takes various security methods to ensure that the person who is withdrawing from your account is you. It usually takes 0 to 72 hours before your withdrawal is approved and you can see your winnings, if everything else is good.

Additionally, online casinos that you use would have access to personal information that are connected to the payment method you used. They may read your name, address, and age to verify your identity. This is especially disadvantageous if you are particular with your privacy and do not like online casinos having access to your information.

Do I Have a Bonus If I Bet Using Real Money?

Yes, most online casinos offer a bonus when you use real money to play in their site. It’s usually a sign-up offer and deposit bonus, depending entirely on the site. You can read up more on the kinds of bonuses you can use here at Betwala.

Where Can I Bet Using Real Money?

You kind use real money in most online casinos although you need to check if that casino supports the currency you want to use. If you are still not sure on which casinos you can play at that are safe, secure, and trusted, you can check out Sportsbet.io, Bitcasino, Slots.io, and LeoVegas.