Casumo is one of the top online casinos in India, and it is completely legal for Indians to play on the site as far as the legality goes. Does Casumo accept Indian Rupees? It absolutely does!
The current Indian gambling laws only mention physical, brick and mortar casinos or `common gaming houses´, and finds no mention of online gambling activities. It is this legal loophole used by gambling sites like Casumo to accept Indian players. Also, since Casumo is based in Malta, it does not fall under the jurisdiction of Indian laws.
Does Casumo accept Indian Rupees?
With Casumo, Indians can enjoy all their favorite games, and also win real money in the process, and that too while sitting in the comforts of their homes. Since the site is available 24×7, they can play the games at any convenient time.
The best part about using Casumo is that it processes both, deposits and withdrawals, in Indian Rupees! There are quite a few benefits of playing with Indian Rupees on Casumo, rather than some obscure gambling site that probably will not accept Indian currency.
Advantages of playing with Indian Rupees:
Lesser chances of scrutiny
In case you play with an online casino that does not accept Indian rupees, you will need to convert Indian rupees to a foreign currency like the US Dollar every time you want to make a deposit. Similarly, every time you make a withdrawal, you will need to convert it back to Indian rupees.
These frequent currency exchanges may attract the eyes of government authorities, and you may also be covered by the Foreign Exchange Management Act, or FEMA, due to these exchanges.
With Casumo, you need not worry about this, since there is no need to exchange the Indian Rupee before making a deposit, or after a withdrawal.
Avoiding exchange fee
Whenever you exchange currencies, there is a small amount of exchange fee charged by the exchanger. Although these fees might appear small, over the long run, they can multiply into a significant amount.
On Casumo, since no currency exchange is needed, you can save quite a bit on these exchange fees.
Since the Foreign exchange rates are continually fluctuating, you might potentially lose a substantial value of your winnings by the time you exchange your withdrawal.
For example, if the value of the Indian Rupee has appreciated against the US Dollar when you make a withdrawal, compared to what it was when you made a deposit, you will get fewer rupees for every dollar you exchange.
It is therefore difficult to reliably predict your profits if you are using a foreign currency to play. On Casumo, since both, deposits, as well as withdrawals, are in INR, you know exactly how much you have won.
Use Indian payment methods.
Does Casumo accept Indian Rupees? While Casumo does accept international payment methods like Skrill, Neteller, AstroPay prepaid cards, and Ecobanq, you will also be able to use popular payment methods in India like Paytm, PhonePe, Google Pay, and even UPI. Since these payment methods are already being used by millions of people in India, depositing money to Casumo should be an easy and simple process for most, and you will not need to download any additional apps.
The site also accepts bitcoin and a few other cryptocurrencies, should a player choose to keep their deposit completely anonymous.
Does Casumo accept Indian Rupees? The answer to this is a resounding yes! Since Casumo accepts Indian rupees, you have multiple advantages as mentioned above. In addition to accepting the Indian currency, Casumo also makes extra efforts to woo Indian players, like offering India-specific promotional offers, and also hosting traditional Indian card games like Teen Patti and Andar Bahar on its live casino.
All these advantages, coupled with the safety and reliability that the site offers, make Casumo a must-try for all the enthusiasts of online gambling.