Since both the player and the casino can’t be the winners at the same time, the casino can’t afford to have long term winning players making bets on the casino.
That’s why in the ToS they usually ban arbitrage/EV betting.
It is simply not good for business (from the casino's perspective). There is a difference between not being good for business (therefore not allowed) and trying to rob a player's winning, which OP does not seem to understand. I have a direct question for OP: would he accept a bet knowing that he will lose for sure? Or will he do any business where losses are inevitable? We all know the answer, so why expect the same thing from others?
If you can’t handle this, don’t play.
Exactly.1. We are not interested in the profitability of the casino! We are discussing the legality of confiscation of winnings. And the correct formation of community views. If bookmakers allow themselves to steal someone else's winnings by accusing them of arbitrage, this should greatly lower their rating and trust, because this is not fair play on the part of the casino! We are not going to impose our rules on the casino, but if the casino refuses to adhere to fair play, its rating will be at the level of 3 out of 5 with perfect work.
2. Do not answer for me! If I ran a casino business, I would do everything to ensure that it worked honestly, because the main AND ONLY income of any casino is the embedded margin! And casino profits are gigantic. The main thing is that you have many regular customers. If your rating is perfect, then this will definitely happen.
I repeat to you once again that the same bet made at different times can be arbitrage and non-arbitrage. You ask, "would I accept the bet if it brought me a loss?" - the answer is naturally no. BUT you are confusing the concepts of the future tense and the past! "Will I pay if I accepted the bet???" - that is the right question!!! And naturally any honest bookmaker is obliged to pay on accepted bets. I hope you do not doubt this? If you are sure that the client makes bets that you do not like, will you continue to accept them? No, this is the right of any casino and it is honest. And you don't ask the casino why you offer outcomes that are not allowed to bet on? You don't ask why the outcomes with arbitrage odds aren't highlighted in red so that I definitely don't bet on them!?
And once again I ask you specifically
memehunter. If the bookmaker's rules prohibit making arbitrage bets.
If I made a 100% arbitrage bet and it loses, will you cancel the bet and return my deposit??? I think the answer is clear, no one will return your lost bets. This is fraud!!! I hope you will not argue now?
And also try to answer the question, how can I documentarily confirm that my bets are not arbitrage? because I don't know the answer to this question and this is another fact that this rule can be applied to any player as unproven.