Be Careful With Your Casino Credit Line

Be Careful With Your Casino Credit Line
One of the things that attracts people to casino credit cards is the lure of being able to use it for
anything they like online casino in india. Almost all the major credit card companies have some form of casino credit
attached to them – Visa, MasterCard, Discovery, American Express and Discover. For the most
part, it’s designed for the high roller who regularly wins the big jackpot at the casino, pays
exorbitant bills, and flies to Vegas every year for the week. Casino credit is mainly for high
rollers – those who bet large, win large, and, once again, pay out big for their host casino,
whether or not they get a hit on the slot machines. But then again, it’s also for people who
overspend on their credit cards, who surpass their credit card limits set by their banks, or who
dish out more money on their credit cards than they can afford to pay back.

Gomes told reporters that he was traveling with his entourage last week to Las Vegas and
wouldn’t be in his hotel room “for one to two days.” On our way up there, I heard one of Gomes’s
assistants talking about the amount of money people typically carry with them when going on a
gambling trip Online Slots India. The average gambler, she said, is carrying anywhere from seven to ten thousand
dollars with them. Seven million dollars! That’s nearly half a billion dollars in casino credit lines
alone! Seven million dollars is almost a third of the annual U.S. gross domestic product.
Gomes didn’t say exactly how many casinos had approached him to issue casino credit to their
account holders. He wouldn’t say which casinos or which card issuers he’d talked to. But he did
say that many of the card issuers contacted him and, “A number of” these casinos were offering
such credit. One of the things I’ve learned as a casino dealer is that the more people there are
that approach you to open a new account, the more likely you are to get offered a deal.
At the time, I hadn’t even thought of applying for casino credit, much less signing up for a casino
credit. But after talking to Gomes, I started thinking: Sure, these guys could use some help with
my credit standing. And it certainly would be nice to have some good casino credit in place,
which I could then use to take advantage of some of the “free” slot machines at the Vegas
casino floor.

What I learned about casino credit lines from Gomes is that some of these companies, like
Amway or Ameritrade, are much better than others at actually collecting what’s owed. An
Amway distributor will actually come to your home and visit you and give you a bill for all of the
money they owe you. A company like American Express or Visa will come to you through the

mail and collect the funds from you. These companies generally pay off the debt within forty-
eight hours after the initial call. A casino credit line, on the other hand, may take more than forty-
eight hours to process.

What I found out about casino credit lines from Gomes is that if you’re able to provide the
casinos with a minimum of twenty-five percent on your initial deposit, you won’t have to pay them
back at all. That means that if you have any credit lines, you can either pay them off in full or use
the credit lines for as long as you want. As long as you’re keeping up your payments, you can
literally pay them off in thirty days, assuming that you’re making the minimum payments. As long
as you keep up with your payments, you’ll never have to worry about using your casino credit
lines.