Turkish Lira Casinos (TRY)
Turkey is a country in the west of Asia and partly in the far south-east of Europe. The Asian part of Turkey is called Anatolia, the European part is called Eastern Thrace. Since October 1923 Turkey is the republic. The main way of getting profit of the country’s income is tourism. Due to this, dollars and euros can be also found in casinos with Turkish lira as well, even though sometimes gamblers have no other options except for national currency.
Turkish lira is the official currency of Turkey. It also serves as the official currency of the Turkish Republic of Northern Cyprus, recognized exclusively by Turkey. Historically, the name “lira” comes from the Latin word Libra, and later it was used to denote the measure of the weight of silver in calculating merchants – the so-called troy pound. Show more
Read also: Online Casinos in Turkey – Best Turkish Casinos List of Casinos with Turkish Language Restricted Casinos in Turkey
Summary
One lira is equal to one hundred kurushas. The denominations of the current banknotes are 200, 100, 50, 20, 10, and 5 liras. The code of the Turkish Lira is ISO-4217, the official abbreviation is TRY, but the former abbreviation YTL (from the old abbreviation Yeni Turk Liras, which translates as “New Turkish Lira”) is often still used in several online casinos with Turkish Lira.
The right to issue Liras are of the Central Bank of Turkey. Currently, Turkey uses a floating exchange rate regime. The criterion for the effectiveness of exchange rate policy (course anchor) is inflation. The Turkish lira has an unstable course in relation to other currencies of the world. That is why some Turkish casinos also provide USD and EUR.
In March 2012, the Turkish lira received a graphic symbol, which was rigorously selected among eight thousand submitted to the open competition options. According to the idea of the authors, the symbol of the national Turkish currency promotes the recognition and strengthening. It represents an anchor similar to a double-crossed letter, which is a cross between t and l.
The problem with online casinos with Turkish Lira is that Turkey can not be defined as a secular country or still as a religious one. The prohibitions that come down from the government contradict each other. Sometimes the law says that woman must wear a hijab an sometimes that women are forbidden to laugh. The same thing happened with gambling – it’s unstable in the country.
The situation is very much like the one that occurred in Russia. At first online casinos accepting TRY were like a wonderful business and the country received generous taxes, it helped developing the economy, and now it is almost prohibited and shameful activity. Actually, sometimes it’s true. Ludomania is a terrible thing. On the other hand, there are a lot of countries that legalized iGaming with serious restrictions that don’t allow gambling addiction or any scam activities.
Are casinos accepting Turkish Liras legal and licensed?
At the beginning of the twenty-first century, when the Internet became unlimited, and computers ubiquitous, when smartphones and tablets appeared actively, and now for every second, it turned out that the citizens of Turkey safely moved from ground-based to virtual casinos. Ever since there are a lot of modern huge casino portals that are registered outside Turkey but provide their customers a huge amount of different currencies, among which usually one can find Turkish lira.
The only problem with that is that there are also a lot of small casino portals. These newly created websites are divided in two groups – ones that are really promising start-ups with huge selection of unique video slots and clear information about their license and policies. The other group is contained of scam websites created with one reason – to get your credit card info and take all your money away.
There are a lot of different methods to determine whether the casino is really such that deserves confidence. But instead of poking your finger in the sky, it’s better to just use our list. In case you have Turkish liras on hand and want to spend it in a casino, but you did not decide on the choice of a site in which you would like to safely play – carefully study our list, it shows all the important information about the best casinos with Turkish lira, up to lists of available video slots, user reviews and much more, and most importantly – in this list there are no illegal casinos, they all have official licenses permitting to conduct gambling activities.
What are the methods of depositing in casinos with Turkish Liras?
Despite the fact that in terms of laws, Turkey is very different from most European countries in terms of online gambling, nevertheless, the payment systems that Turks use to deposit the casino, especially for depositing in the Turkish lira, differ little, for example, the methods by which accounts are deposited by residents of the Czech Republic or Poland. Only the currency can differ.
On average, every second player who decides to deposit the account in the casino using a Turkish lira, chooses a credit card for this. But this is no exception. The rest popular means of payment in the country are wallets SagePay, Fastpay, and Skrill. Also depositing is used from a mobile phone, depending on the mobile operator.
If you are interested in withdrawing money from casino in the currency of Turkish lira, everything is not as easy as with depositing. Sometimes it’s just better to choose another currency, US dollar, for example. But if you have no ability to receive any other currency but lira, ask if the casino provides option for auto conversion of currencies, it may be helpful even though sometimes fees are charged for the operation.
Conclusion
As already mentioned, online casinos in Turkey are not so simple, the legislation has often changed, but it is still not possible to easily find a really high-quality casino, where a player can deposit an account in his national currency, in Turkish lira. For these players, in fact, we created a list under this article, use it to choose the right casino. Show less
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