Poker Chip Def
Chip dumping in poker is a deliberate loss of the money or chips to the other player. Chip dumping is usually used by fraudsters for money laundering. The name of the term speaks for itself.
Chip definition is - a small usually thin and flat piece (as of wood or stone) cut, struck, or flaked off. How to use chip in a sentence. Chip dumping in poker is a deliberate loss of the money or chips to the other player. Chip dumping is usually used by fraudsters for money laundering. The name of the term speaks for itself. Example of how chip dumping in poker works. Search poker chips and thousands of other words in English definition and synonym dictionary from Reverso. You can complete the definition of poker chips given by the English Definition dictionary with other English dictionaries: Wikipedia, Lexilogos, Oxford, Cambridge, Chambers Harrap, Wordreference, Collins Lexibase dictionaries, Merriam Webster. Poker Terms - Common Phrases and Acronyms. In poker, there is practically a library of poker terms that are commonly used. For the uninitiated, these terms can sound like a completely different language, when a poker player says, 'I flopped a belly buster on a rainbow board', when they are really saying that they have an inside straight draw, after the dealer dealt the first three cards, all.
Poker Chip Def Poker
Example of how chip dumping in poker works. The player gets a definite amount of money in poker room in an illegitimate way (as a rule it is carding, another person’s account break-in, no deposit bonus winnings from an account, registered on the person who doesn’t exist in reality). He goes to the heads-up table (as a rule) with his accomplice and deliberately loses all the chips (or part of them) to him, after that the second player withdraws laundered money from his account to one of the payment systems (Skrill, Neteller, etc.). This scheme is used for quite some time so poker rooms make all the possible efforts to prevent chip dumping at the poker tables.
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By the way, such a trick is almost impossible to make nowadays. Security team of any poker room will see the fact of cheating based on the hand history, after that both of the accounts of the players involved in chip dumping will be blocked and the funds on the accounts will be confiscated.
Chip dumping also happens in tournament poker. The goal of this dumping of the chips is increasing the size of the stack of one of the players to increase the chances of winning the main prize. For example, if the main prize at the final table is $100,000, and the prize for the 9th place is $10,000, players are able to make a deal and one player will intentionally lose all of his chips to the other. In case the one who got the chips wins, the prize money will be shared in certain proportions agreed by the players.
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