Post
Topic
Board Gambling discussion
Re: Hypothetical Question
by
shogun47
on 28/02/2023, 13:30:03 UTC
If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

I agree with this.

There's no way that the casino won't find out there's anomaly or cheating included the moment someone decided to bet millions of dollars at once. Surely they would flag the activity suspicious most especially if the account used was not usually betting large sum of money. They will notice the unusual activity from the pattern of playing and betting history of the account holder which will eventually raise a red flag to make an account frozen so there won't be any transaction/s to push through.

Surely the security team isn't dumb enough to let this pass through. Additionally, the tip could be wrong, so even if you have many dollars at your disposal, if you'll bet impulsively on an "assured and guaranteed" winning, the moment it turned out to be wrong, you'll still regret big time.

What came to my mind also is that the bet on its own isn't a problem for the bookmaker for as long as payouts aren't processed anyway. Let's assume that someone were able to bet million in the first place, the bet would surely be flagged and would have to undergo investigation if it wins. If it loses, the bookie is fine, but if it wins it's worth it for the bookie to have a look at what happened. And if someone bets an abnormal high amount on an outcome and it turns out that the whole thing looks suspicious, they could still just cancel the bet. Perhaps a referee in a game makes the weirdest decisions ever or a player in a soccer game scores two own goals in a suspicious way, I have no idea whether someone would go to court and sue. If it walks like a duck and talks like a duck it is probably a duck and who would like to explain to a judge that you have no idea what they are talking about and you just got lucky.