It’s likely you do so that when you withdraw cash from your corporate account e.g. Bet 365, Pointsbet etc. it is virtually instantaneous and also quick and easy to pay money back in if your Bank is running dry. Those cards and thousands of others are facilitated by a company called EML. Currently my personal Super Fund has an investment of around 8% in that company.
With Pointsbet being on the cusp of a 10% market share possibility in the USA States that allow online betting and or fixed price Horse Racing ( it has been unavailable almost forever in the USA) there is a huge opportunity for EML to manage billions in future transactions. Now don’t get your knickers in a knot yet. If EML makes even half a cent in the dollar for that service I would be surprised but don’t underestimate the amount of money that can be made from even a tiny percentage when turned over billions of times.
So how is that relevant to your punting? WE HAVE ALWAYS ADVOCATED USING OUR MONEY FACTORY SOFTWARE TO RAMP UP YOUR BETTING TURNOVER SO THAT EVEN A SMALL PERCENTAGE IN THE REGION OF 3% TO 5% BECOMES A VERY WORTHWHILE AMOUNT OF MONEY OVER TIME.
It is in essence how the money market works. Buy Now Pay Later companies like ZIP and Afterpay, operate on tiny margins of just a couple of percent at best but by use of scale , they are backing a winning strategy. Basic mathematics is turning ordinary people into millionaires and even the smallest punters can take advantage by using programs like Money Factory and Winform Powerplay to make worthwhile money.
My personall betting turnover often exceeded one to one and half million dollars off a $50,000 Bank and guaranteed me a bigger profit over the years than what I could make out of operating the business and I only needed one employee, myself, as indeed you yourself do.