To better explain, gambling is on pull tabs at a local charity club, not casino gambling where, yes, the odds can be better.
Last edited by DerrickAuditor; 10/09/09 06:58 PM.
Out of 3,900 cards in a set sold for $1 each, only 16 cards pay between $50 and $250. The 1% came from the odds of winning at least $10 (39 of 3900 cards). We filed a SAR, not because of gambling, but because of the $4,000 in cash deposits each month doesn't seem reasonable based on the explanation given (winning pull tab games).
Also, this has been going on for six months. I'd say a lucky month here and there seems reasonable - but every month coming out almost exactly even? Doubtful. Thanks.