For Educational Purposes ONLY – Different Ways People Store and Manage their Wealth

If one only took the time to look a little closer, a wealth of realisations become apparent in seemingly benign and unassuming processes, objects, concepts, actions, etc. In English, and to make a very specific example in reference, when someone like a wealthy businessman from China frequents the physical casino floors of one of any gambling establishments in Macao, there’s more to it than just relaxing and enjoying some down-time while trying their luck at expanding their wealth.

The same goes for those punters who seemingly enjoy placing bets on their favourite selection of online betting platforms, like some of those ranked to offer a range of the best slots. In many instances of this kind, it’s about the different ways people store and manage their wealth.

Cross-border capital transfer

A pretty sizeable proportion of the rich Chinese businessmen who jump on a boat and head to Macao look a little unhappier than you might expect of someone who is supposedly kicking back and enjoying some timeout in a casino. That’s because their trips to the island and special economic zone aren’t purely for leisure, if at all. It’s more about taking advantage of a legal loophole of sorts, to perhaps move some of their wealth offshore.

It would otherwise prove to be very expensive and nearly impossible to do the same thing through the regular channels, because of many politically-motivated regulations. Gambling is illegal on mainland China and so naturally the online iteration of that would also be illegal. So as much as there are many Chinese who head to Macao to enjoy the thrill that comes with being able to gamble, many who do head over do so to funnel their money and wealth out the country.

It’s perfectly legal and is done through funding a tab and paying a little bit of money for accommodation at the casino’s resort or hotel, comparatively speaking of course, placing a bet here and there from the tab, and then finally cashing out to a different source than that which they would have funded their tab with.

Banking free of service fees

Visit a physical casino and perhaps take a time-out in the in-house food court and what you might find hanging on the walls are what appear to be very expensive artworks. The price of those pieces of art might make your eyes pop out, especially if you consider their appearance, which may not quite be to your taste. Billionaires use art as currency, so they don’t need to worry about the often hefty bank fees that would otherwise be associated with managing their wealth for them.

Some wealthy folk spread their money across as many online casinos as they can, using those casino platforms as some kind of selection of banks. It’s give-or-take when it comes to placing bets, winning and losing, but over an extended period of time it all adds up to pretty much the same amount of money they would have started out with in making their initial deposits.

Make of this information what you will, but it definitely makes for some interesting reading, certainly from the point of view of someone like me who works with numbers, money and big accounts all the time.

Amazing Health Benefits Of Gambling

People have a lot to say when it comes to the side effects of gambling. In addition, most of that stuff is very negative. That is why today, we want to look at the other side of gambling that you have never heard of before. That is the health benefits that come with gambling and why you need to start playing online casino games today.

Health Benefits of Gambling

Makes You Happier

We all have to admit that our happiness matters. That is why gambling is important to health because it makes you happier.

Most people lack happiness because of listening to what people say. Today, we say, if gambling or playing online casino games at sites such as choice online casino makes you happy, why not just enjoy them?

You Learn Life Skills

Yes, you read it right, by playing gambling games, there are some essential skills that you learn. These include being patient as well as money management.

Alongside these two, by gambling, you are giving your brain a mental task. As such, improving brain functionality.

Helps You with Math

Quite a number of people are good at math, at the same time, there is quite a number that hate and are bad at maths.

By playing best online slots real money, your math skills are improved. Moreover, as much as you may hate to admit it, we all that we need basic math in all that we do.

You Get To Relax

Life, these days gets so busy. In fact too busy and your brain is always tired as it is trying to make things work.

However, gambling makes you relax, and as you do so, your brain relaxes as well. Giving you the necessary boost to continue with your day to day lives.

Keeps Your Mind Sharp

Real money gambling games will also keep your brain, as you have no idea what the card dealt. Additionally, gambling also helps you to socialize more with people.

How Pro Gamblers Place Their Bets

It’s perhaps some sage advice that professional gamblers give those who are more of the casual betting ilk and are perhaps contemplating making the leap from being budding pro gamblers to doing it full time, that being how it probably isn’t something you want to do forever. By professional gambler I’m referring to those who specifically make their money through the betting itself and not those who have “diversified” in a sense to explore other income-generating avenues that have to do with gambling, like selling betting strategies, etc. Continue reading…

Go Big or Stay Home – Playing the International Lotteries

Well, you’d be right in pointing out that the popular saying goes “Go big or go home” as opposed to “Go big or stay home,” but we’re switching things up a bit to make a case in point. The point is simply that a much bigger world of potential winnings awaits those lottery hopefuls who look beyond their local lotteries for their shot at the big time. Simply put, no matter where you’re located and how many people buy local or national lottery tickets, it can never really match up to the typical cross-border lotteries from all around the world. Continue reading…