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?
Does low odds guarantee winning? Capital NO! The loophole can not be completely absent as far as technology is advancing. The bookies here will allow you to deposit up to a maximum amount but will not required you to wager all the amount before you can withdraw. It depends on how active the account is before that suspicious deposit. Some will allow you to withdraw the remaining balance after wagering with 10% of the total deposit. In this case, if the amount is very huge, one can sacrifice the ten percent. It might win or lose. KYC is however mandatory before you can withdraw.