Banking

A lot of people don’t know that you can actually use all online casinos for banking. This might sound like a counterintuitive use of them, but because you could put in money, they are a great place to store it. It is pretty rare for a casino to go under, but what they do, they will allow you to cash out. For that reason, many people have decided to keep their hard earned gambling winnings directly with at the casino itself. This has many advantages, and is becoming a new trend among savvy people looking to increase their income!

Get Money in and out Quickly

One of the bases of using this as your own online banking outlet is that you can get the money in and out with ease. You can deposit using a wide variety of methods, most of them relating the cryptocurrency. These also have certain advantages if you decide to use them. For example, if you decide to use bitcoin, you are fully capable of getting a big bonus on your deposit. This means that should you decide to use some of this website as a banking means, you get free money too! You cannot of course take out the deposit bonuses that you make in terms of real cash, how’s that with me and that they would instantly go out of business because they would just be giving you money. You can keep the money you win with it, however, which is statistically likely to be in your favor if you keep playing for long enough!

Bitcoin’s the Best

Of the different deposit methods, but bitcoin tends to have the best bonuses. You can get almost 200% across your first two deposits, 50% more on every single reload after that. This might not sound like much, but when you take into account that all of those coins that you’re buying can that be turned into real money after you put it all into the casino, things add up real quick! This is to say nothing of the fact that you could also play skill-based games on the website, which gives you a strategic advantage of your good enough.

There are certain minimums that you can put down, but they are all in line with the amount of money you would normally transfer. For example, the minimum for bitcoin is putting down one mBTC, which is pretty much as of as low as you can go when I comes to playing. After that, the skies the limit! They do have hard tabs on the amount of bonuses that you can get on things like deposits, but everything else is fairly unlimited when I comes to putting money into the website.

To make use of the website to make a deposit, you need a bitcoin wallet of course. If this is on familiar to you, you shouldn’t worry! It only takes about 10 minutes to set up a bitcoin wallet at almost any of the popular websites. Coin base is the most popular, but there are quite a few of them around. You could also use the cash app depending on your region. No matter which one do you go through, it will allow you to send and receive money in many forms of cryptocurrency. Bitcoin’s definitely the most preferred and recommended to use, but other things like litecoin, or ripple, are not necessarily going to be bad, either. Bitcoin is simply the most standard and time tested, which is why we recommend it.

Examples

To give you some examples of how you can end up using the website as an online banking system, think of it this way. Let’s say you have a whole lot of money that you were going to spend at the casino anyway. Rather than putting it into your bank account, or you would have to report it as taxable income, you can simply put it straight into the casino. While it’s there, you can gamble and have fun to your heart’s content! We don’t expect you to spend all of it there, but you know you were going to gamble anyway, so why not put in a good amount?

Where the online banking thing comes into practice is what happens to the money after that. Let’s say you put in $1000 worth of money into the site. Using that money and the deposit bonuses, you started off with around $2000 to play. Using that $2000, after having put in your initial $1000, you win around $10,000. This isn’t amazing, but it’s also nothing to sneeze at, either! Normally, you would have to report this as income, and pay taxes on it. If you simply leave it in the casino, however, no one is the wiser, and it goes on without any associated fees.

It’s also a great way to keep money from prying eyes. If you are going through a divorce, for example, putting some of your existing money into the online casino is definitely a good way to go. Most people either win or end up breaking even. Plenty of people lose, but not often enough to statistically make a meaningful impact on the online gambling scene. If most people lost more often than that, no one would be gambling after all! In a situation like this, you can essentially hide some of your assets from prying eyes, and it is entirely legal because you are technically making a purchase of coins at the casino.

Another reason this makes a very good way of online banking is that many of the games have a highly skilled-based component to them. All of the many card games, for example, feature that in spades, if you can excuse our pun there! If you are playing blackjack, for example, and you’re pretty good, chances are you’re going to do better than you would have if you would’ve put that money in the bank. There after, you can simply leave the money in the casino without withdrawing it. This means that you don’t have to worry about paying taxes on it, or raising any eyebrows as to where the money came from. Not that any of this is even remotely illegal, however. We are simply describing the most prudent way to go about winning money without spending taxes on it!

If you are looking for an alternative way to put money online that has different ways of appreciating that have to do with your skill and tenacity, this casino isn’t a bad option. Plenty of people have begun doing that as they began to distrust their relevant financial institutions. Outside of that, it could also be a good idea to simply have somebody keep their money in multiple locations if something goes bad. During the virus break out, for example, plenty of people couldn’t get money out of the banks. You could get them out of the casino, however, as long as you did it in bitcoin. It’s always safest to spread out your banking just as you would a stock portfolio. Why not use this casino as one of your entries?