Wagering requirements T/C (page 4)

While I understand how it works, I still don't know why would anyone launder their money that way considering how risky it is, opposite betting is not that hard to discover, identifying suspicious deposit/withdrawals patterns neither, and if the payment method is crypto then it's thousand times easier to find out throught blockchain analysis if someone is laundering money. So to me the only way that's possible is if the casino is consenting it, otherwise the is no reason to try that, since there are many other ways to launder money online and none of them is as risky as doing it through casinos.

I'm curious if there has ever been a complaint here where a player got accused of money laundering, you shared a complaint where allegedly two players colluded to make opposite bets, but I doubt that's a money laundering case as the amount is no that high

If someone is money laundering with a casino they are not looking for a gain, they want to have a way to justify the money and have proof of it, they actually lose money by laundering it through a casino, because no matter in which game they place opposite bets with other associates they will always lose money, for example, the 5% commission on the banker or splitting all numbers on roulette to bet on the entire wheel on opposite ends would cause a loss on every single spin, as the payout is 36 to 1, and there are 37 different outcomes, and if they decide to only make opposite even-money bets they would lose both bets when a 0 kicks in.

The point is having a way to clarify the source of the money (winnings on casino games), not a risk-free or efficient way to do so but it's easy to prove, as they would only need their betting history to justify it

The gain is the money is considered pure winnings gained from the casino. But technically, it was just a few losses instead. You put "dirty money in" and take "clean winnings" back.

It's not my imagination it happens a lot.

I took the opposite bets as an example, but I recall a few cases based on this practice. Sadly I couldn't find any of those.

But I dig up this case. As you can see, it's lacking shreds of evidence or explanation - for me, this is a key 🙂

https://casino.guru/forum/casinos/slotbox-casino---general-discussion/3#post-48304

What is your main casino where you play often?

I would be really interested in that because I think you have quite a lot of knowledge about this whole topic.

It's really fun to read your posts as well as Nigeljc's🫡

If you are looking for a casino that really offers LOTS of free spins, I can highly recommend LetsLucky Casino !

Play a lot and don't know any other casino that distributes bonuses so often!

I get an email AT LEAST every 2 days with very good deposit bonuses of up to 150% and each time there are 40 free spins which you can pay out up to €300 after implementation, which I personally think is very good and without any deposit.

Laz Vegas Casino is also a very good one in my opinion which has just as good service as I find (just my opinion) but has a little less free spins but a payout of up to €1000 on no deposit bonuses which I think is really generous there At most casinos the max payout for free spins or no deposit cash bonuses is €20-€100.

Maybe you like something like that 🫡🌴

In San Pedro Sula, Honduras very nice Sunsetgaze🌴 sure a nice place.

Here with us it is similar to a robot factory 😃

I wish you a pleasant day hopefully with a lot 🌞 🫡

I am absolutely your intention.

Laundering money in casinos would not only be VERY risky but also pretty stupid 😀

I don't think people with a little brain launder their money in online casinos 😂

That would be a method where you would often lose the money that is not profitable.

There are definitely better ways of doing this that, like you said, are less risky.

Some certainly use this to just pull money out of people's pockets 😑

I am really amazed by this case!

I've also followed it and as far as this casino is concerned I'm just split in terms of opinions and personally I can't understand why the casino pulled such a lousy number and Biggelow confiscated the winnings.

Not too long ago I had a really big win which was a little more than €8500 and it was paid out without any problems.

They have a limit of €4000 per day which is why I had to wait 3 days to request a daily withdrawal but that was all.

And that is exactly the reason why I ask myself what was the reason???

Then why am I being paid a profit that turned out to be a little higher?

I really seriously ask myself why it was because I didn't have the impression that Biggelow was lying.

I find it really strange and wonder what factors led to taking the money away from an honest player...

I would be really mad at 8500€ if they just confiscated it from me, which is why I don't understand why they pulled off such a number.

I hope the regulator will do something for the player but as we all know there is not much to rely on these regulators ^^

Definitely, imagine being a launderer, you try to use a casino to mix funds and the casino doesn't find out but they still confiscate your funds simply because they are not willing to pay out 😂 and now worse, if they find out and confiscate your funds the money is forever lost and you can't even complain about it nor expose the case. If legit players often get their money robbed by casinos, then the risk for money launderers is doubled down 😆

Currently my main casino account is Stake, no bonuses at all except for a rebate I get on a weekly and monthly basis, for example, this month I have wagered only 3000 USD and received 23 USD in rebate, making the rebate percentage something around 0.70-0.75% (received on a weekly and monthly basis). Withdrawals are instant, at least for USDT, that's why I made it my main casino account, still use other casinos from time to time, but not much. What about you? What's your main casino?

In my opinion, Stake is a reputable casino in which I have never had any problems.

My main account where I play the most is 21 Casino Casino .

For me personally one of the hottest casinos ever.

Never had any stress and payouts are always pleasant and stress-free 🙂

Have you played at 21 before?

In any case, it would be pretty unwise 😂

I have never played there, currently the only european casinos I play on from time to time are West Casino and Betway, and honestly I want more european options so will probably add that one to my pending casinos to test, the reason why I don't currently use european operators is because crypto is my favorite payment option, and so far the only european casino I know that accepts crypto is West Casino, would love to find more. For sports I exclusively use the Betfair exchange, which I use every single day for horse racing

Played Finn at Mystake for 3 hrs+ tonight up and down but made 2 deposits of €25 lost first cashed out at €1150 a good dodge 😜👍

Sadly, the casino's arguments were solid and also not for the public eye.🙁

So, I'd say this is the main difference between your experience and the complaint. I genuinely feel weird since I can't share further details...

I'm also quite sure the regulator won't care. Not much left to say.

The magic worked! Congratulations, nigeljc!✨🙌

Congratulations!!!

That's how fun it is to gamble!

Continued success!

I think a type of bonus that would fit your betting style is a sticky bonus because they don't have wagering requirements, you get your hits and move on, I feel we have the same betting style and these bonuses normally work for me and they are not too hard to find ❗

What slots please