CBS “60 Minutes” on Online Poker Scandal

Yesterday CBS aired an episode of 60 Minutes about How Online Gamblers Unmasked Cheaters in which the Reporters of 60 Minutes and the Washington Post investigate the honesty and security of Gambling sites.

The case investigating is known throughout the online poker sphere – it´s about the UltimateBet & AbsolutePoker (both pokerrooms are operated by the same company) cheating scandal, in which allegedly the boss and founder, as well as some other upper-management personal in the company used secret super-user accounts to see the holecards of all the players on their table.

The UB scandal officially began in January of 2008 when the site’s management acknowledged that there was some credence to players’ claims of cheating. But by July 2008, after the official investigation had been ongoing for at least four months, UB confirmed that the cheating actually began in January of 2005, meaning that it could have been going on for nearly three years. In the fourth month of the investigation, new accounts were still being linked to the software glitch that allowed one or more super-users to cheat on the site.

These people would almost every hand they played (which is pretty easy, when you know everybody´s holecards…), compared to normal poker players, these players winning would be equivalent to winning the lottery 6 times in a row! :-)

Watch the videos – it´s really worth it!

Part 1/2

Part 2/2

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