do you think the KYC checks are mainly due to money laundering checks. I assume depositing/withdrawaing/betting smaller amounts wouldn't alert these money laundering checks?
What do you think?
Not only for money laundering, but other such breaking rules (e.g. using VPN, multi accounts etc).
It's really depends on their internal team, how they can suspect the funds is belong to money laundering or high illicit sources. But most of the case, small amount wouldn't get alert since casino only focus on the big amount only.
Betfury representative could address and explain this issue to make him know why he got asked to submit KYC.