gambling.co.uk home casinos play poker play bingo play instant win games gambling news archive gambling.co.uk forums
 
- -
Bookmark current page
 
  Search
→ casino
→ online casino
→ online poker
→ poker
  Recommended Sites
  Featured Partner
  Gambling.co.uk
Home
Gambling Articles
Gambling Experts
News Archive
Forums
Contact Us
  Affiliates
Bingo Aff Program


Gambling.co.uk: Gambling News Archive

Who blew open the Absolute Poker and UltimateBet scandal?



Tuesday 30th September 2008

While the investigation into the alleged frauds at Absolute Poker and UltimateBet has been ongoing for some time, many people were a little confused as to how the problem was traced and who actually blew open the scandal. It now appears that far reaching detective work by an Australian poker player had found something which the authorities could not see, or the two companies involved.



Michael Josem is rumoured to have analysed the poker hand history data for the Absolute Poker and UltimateBet sites and found that some players were literally making money too quickly. While poker may officially have been made a sport in some areas of the world, there is still some luck as to the hands that you are dealt. There are also internal guidelines as to how often you might ‘expect’ a player to win in real life.



By analysing the data the player accounts in question were noted and internal investigations found that members of staff had been using holes in the online security to monitor other player hands as they were at the table. In affect everyone else was playing blind but the alleged fraudsters were adjusting their bets and their hands according to what they could see. The total cost of these alleged frauds is expected to top US$100m!


Source: Gambling.co.uk News

  • Back to archive index
  • Submit a press release

    Discuss this story in the Gambling Forum. Last 5 Posts:
    Sunday 26th February, 2017:   Horse Race betting
    Friday 24th February, 2017:   Poker Websites
    Thursday 23rd February, 2017:   UEFA Europa League
    Wednesday 22nd February, 2017:   UEFA Champione Leugue
    Wednesday 22nd February, 2017:   Hi - How to make good money online!