Chain this to any card effect that requires a heavy loss in card advantage to activate, such as "Guarded Treasure or "Final Destiny". This card will resolve first and allow for a large draw before anything else can happen to the card count.
This card is useful for recovering after a field-clearing effect has resolved, such as that of "Black Rose Dragon".
Combo this card with "Rope of Life" when you have a scarce field as your opponent has a roomful of monsters. This card will drastically compensate the onus of losing your entire hand.
A nice monster to ressurect with this strategy would be "Blade Knight", as it'd bear a 2800 strafe for you to retaliate your opponent with.
This card can be very useful against Pendulum Monster Decks, as they are capable of re-filling the field with monsters that count towards this card's activation condition.
This card works well with decks that utilize Black Garden. You can fill your opponent's field with somewhat unusable tokens while converting all of your monsters into Xyz or Synchro Monsters (reducing the total number of cards in your hand/field). Paleozoic Frogs works wonderfully with this combination, as Swap Frog can set up the play almost solo. It is not unusual to draw between 3 and 6 cards this way.