“It’s video poker, which is even more rigged than your average casino.”
“Real” video poker machines aren’t rigged. They use pretty good random number generators to create the deck and they’re not intentionally weighed against the player. This assumes, of course, that they’re following gaming laws. I’m sure they are since it’s be stupid to pass up the piles of money they rake in legally. If a player would play a long period of time by the book, they’d nearly break even.
You might be thinking of those poker and video slot machines that lurk in rooms in small, local bars. Those are weighed against the player ... The operator sets a definitive payout cycle and max payout. It maintains all money in and out and insures that the machine never pays out too much. A player wins by sheer luck. If a player would play one of these a long period of time, they’d lose everything since the payout percentage and max payout are not based on random events.
Video poker in Vegas (as well as slots) would be a fairly straightforward way to launder a lot of money I’d think. As someone else mentioned, who cares if you lose 2 or 3 percent of your large bankroll when your goal is to have clean money at the end of the process.
“Video poker in Vegas (as well as slots) would be a fairly straightforward way to launder a lot of money I’d think. As someone else mentioned, who cares if you lose 2 or 3 percent of your large bankroll when your goal is to have clean money at the end of the process.”
Something eludes me about taking dirty money and changing it into clean money via gambling. I am confused, please explain.
In Louisiana in the past the Mafia owned hotels in New Orleans That is the way they laundered dirty money into clean money. Their hotels were “always full” even though they were not. They used the dirty money as income to the hotels for the rooms that were really not used. They paid taxes on this dirty money and then used it to invest in totally legitimate business investments.
My ex worked for a very legitimate bank in New Orleans circa 1972.. One of their major customers was Carlos Marcello. He had big loans from this bank and all very legitimate. That was his clean and legal money. This was his clean money just doing legitimate business.