I’m going to need you to keep an open mind with me on this one because I’m going to discuss something which perhaps fundamentally goes against the traditionally taught principles we’ve become accustomed to with regards to how we handle our finances, particularly when it comes to saving for a rainy day or indeed just putting money aside for whatever use you may see fit in the future.
I mean if you come to think about it, most of the financial advice we get in any case comes from a source which itself makes money out of dishing out that financial advice, for example if a bank says you should save your money with them, they use that money to create loans and charge interest on those loans, while at the same time they charge you some service fees for offering you the service of safekeeping your money.
So anyway, moving to the unconventional method of saving money quite effectively to say the least, it involves using online casinos!
Online Casino Purse Deposits
Amongst quite a few others, if you take the time to check out the likes of Ladbrokes Casino, slots and bets review online platforms will often come with a special offer which will effectively have you sitting with more credit than you funded your online casino purse with. This means you’ve earned a huge bonus on the money you deposit to your online casino platform of choice, and if you can keep your credit balance healthy by betting and playing the available games strategically and cleverly, you’re effectively making use of these online casino purses to save money in a way that incurs none of the service charges and low interest rate earnings associated with putting that money in a bank.
What’s the Catch to Using Online Casino Platforms to Save Some of Your Money?
There’s always a catch, isn’t there? This time the catch is that your online betting account has to be active, which means you should indeed engage in some of the games available and place bets, otherwise what you’re effectively doing very closely resembles activities associated with money-laundering practices.
Use Your Discretion
Discretion goes a long way in just about any situation in life, not just when it comes to exploring some rather unconventional methods of managing and saving your money. So you’ll perhaps only use this method to save only a small portion of your money — money you’re willing to put in the high-risk bracket of investments, effectively since online casinos aren’t banks after all, so they perhaps have a different guarantee to that which would be offered by a bank. Also, you still have to play with a certain amount in order to be given the green light to withdraw that portion of your credit balance which came as a deposit bonus, so there’s always that element of risk involved.
But otherwise funding your online casino platform with some money you’re willing to occasionally bet with is a great way of saving a small portion of the money you put away as your savings.