The Serbian Dinar in the Past
The Serbian dinar is Serbia’s official currency. It’s subdivided into 100 paras. The currency has an extensive history, and it’s undergone tons of changes since its first appearance in 1214. The previously mentioned year is the first time this currency comes to light. It was a silver coin that took advantage of the many silver mines in the area! After the Ottoman conquest, several different currencies started dominating the region. Once it ended, a new version of the dinar was minted, starting in 1868.
The Yugoslav dinar, a currency adapted after the new Federal Republic of Yugoslavia was formed, was replaced in 1941 by the second modern Serbian dinar. Since it was occupied by Germany at the time, the coin was pegged to the German reichsmark. This version ran until 1944 before the Yugoslav dinar made a comeback. The latest iteration of the Serbian dinar appeared in 2003 after the Federal Republic of Yugoslavia officially disbanded. At the moment, you can find 14 denominations of this currency. Eight of them are banknotes, while the rest are coins.
Can I Play with Serbian Dinar in Online Casinos?
Serbia has one of the most reasonable online gambling regulations we’ve seen. The country sees the potential in regulating the activity, and it implements a top-notch infrastructure to do so! As a result, online casino fans in the region have a plethora of trustworthy sites to choose from and several popular payment methods they can use! Most of these methods support the native Serbian dinar currency. If you're wondering which ones tend to have the best benefits, we’ve curated a list to make your choice of payment service easier.
VISA leads the charge as the go-to payment option in Serbia. The bank card is as common as running water in the area, and most people use it in their day-to-day life. VISA offers Serbian players support for their national currency, so they don’t have to deal with pesky conversion fees. What’s better, the method gives them a convenient way to deposit and withdraw from online casinos without setting up additional accounts! The only downside to VISA is its processing speed, which tends to be somewhat longer than most modern methods.
MasterCard is another bank card that’s insanely popular in the country. The good news is, that’s not the only place it’s popular! Since MasterCard has a global reach, it’s accepted in most online gambling venues. With this card, players have access to some of the best sites available and a few additional benefits on top! These include low fees, convenience, and safety. The method’s downside is something that plagues most bank cards – the long processing times.
Skrill: Created by the world-famous Paysafe Group, Skrill is an eWallet solution with fantastic value. It’s widespread, trustworthy, and offers users tons of benefits that put them ahead of the competition. Mainly, Skrill gives players a chance to make speedy transactions, avoid large fees, and bank online! On top of these excellent benefits, it’s also pretty popular in the online casino space! Unfortunately, using Skrill can restrict the use of bonuses in some casinos.
Neosurf is one of the best ways to deposit online without giving away personal information. You can obtain a prepaid card online or in one of the many Neosurf locations worldwide and deposit safely using an assigned code. Besides anonymity, the method also provides quick transactions and low fees! The con to using Neosurf is a big one. Since it’s a prepaid option, withdrawals through the service are impossible.
Boku is an increasingly popular option in the online casino space, and with good reason! The service allows users to pay using their phone number, voiding the need for bank cards and other types of wallets. Users are later charged during their phone operator’s billing cycle. There’s plenty to gain from using Boku. The service is reliable, quick, and has low fees! Unfortunately, it also has one major downside – it lacks a withdrawal option. To cash out your funds, you’ll need to select a different payment method.
Online Gambling Restrictions in Serbia
Serbia has one of the best gambling laws & regulations we’ve seen to date. The country implemented the use of gambling licenses in 2011 and its attracted tons of attention from operators all over the world! Unlike many other countries with a similar system, Serbia offers operators a few perks that are hard to beat. First, it has reasonable taxes of around 5%. Second, the region has a large enough population that loves online gambling!
Players from Serbia should have a great time gambling online as long as they stick to venues licensed by the Serbian government. Player protection is top-tier since operators have to stick to a strict set of rules surrounding their business. It’s also worth noting that Serbia is adamant about going after unlicensed operators that try to access the region. It implements bans and blacklists to keep these unregulated venues out of reach.
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