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If you enjoy a hand of poker online, but have not had much success in achieving the 'big win', this could well be the reason why. Employees of two of the world's largest internet gambling sites have defrauded players to the tune of tens of millions of dollars.
The scam was uncovered by a very diligent Australian online poker player turned detective, who first uncovered a $US10 million (at least) cheating scandal at the two poker websites.
The 'detective', Michael Josem spent many hours analysing detailed hand history data from Absolute Poker and UltimateBet. He discovered that certain players were winning money at a rate that was statistically too fast to be considered legitimate.
Both gamling sites are owned by the one parent company, and upon learning of Josem's investigation and results, began their own internal investigation, which in turn found that rogue employees had defrauded players over three years using a security hole that allowed the cheats to see other players' secret (or hole) cards.
Now the owners of the sites have filed a $US75 million claim against the makers of the software that powers them, claiming they were unaware of the security holes when they bought the sites in 2006.
In the latest turn of events, one of the world's most successful poker players, Russ Hamilton (winner of the 'World Series Of Poker'), has been named by official investigators as the main perpetrator of the scam.
[READ FULL STORY - BUT ONLY IF YOU WANT TO!!]
