Quote from: summonerrk on Today at 05:00:53 PM

Quote from: noormcs5 on June 29, 2023, 07:28:43 AM

As we know that most gambling sites will require you to gamble and wager your whole balance once, before you can cash out or withdraw from the gambling site and they take this measure so people do not do money laundering whereby deposit and withdraw without gambling.

Now the point here is that on the gambling site, there are many easy winning bets with odds like 1.01x etc. If the money lauder is sensible he can easily be wagering the whole amount by placing a few bets where the odds are very low and the winning chances are 99%.

So does this mean that there is a loophole here and the money launderers can easily by pass this wagering requirement?

Maybe I'm wrong, but it turns out that under such conditions it will FIRST be necessary to win one, even any (very small) victory.
So that the bet need to play a winning one. And it's not easy anymore. After all, in almost any game your chances will be 50-50 percent. This means that at this stage half of the players will not be able to withdraw, and will have to play on. Then they will have to double the bet and play again. And here again half of the players will be able to withdraw money. But half will be forced to play again. It really turns out that many people will be able to withdraw money easily, even if not immediately, but most likely by the fourth rate. So the condition is really easy to fulfill.

Apparently, casinos are trying to attract users in this way, sacrificing the initial revenue from users.

What I have seen is that the players do not have those possibilities, you speak of 50-50, I think it could be 60-40, due to the house advantage and it is very difficult for us to do something about it, the washing thing of money you can put a lot of money in a casino account, but the only way that could not be blamed for money laundering is for the player to bet that money in its entirety because if he makes small bets and then decides to withdraw everything It is very suspicious, I would see it that way, and in a casino where they have security for everything, they will surely detect it , that is something that cannot be denied.