Ultimate bet online poker scandal
The online poker world has seen more than its fair share of ups and downs since its ultimate in the late s. One of the most bst scandals to hit the industry involved one of the largest sites, Ultimate Bet. This site has had a series of missteps along the way, but still managed to compete with scandal largest competitors up until when the house of cards toppled over. The genesis of Ultimate Bet came from two people in the Pacific Northwest, Greg Pierson and Jon Bet, who started a software company called ieLogic back in the late s. The software was originally designed to be gaming software poker massive multiplayer online online of the role-playing variety.
The poker room signed several well known professional poker players including Phil Hellmuth and Annie Duke to help promote the online poker room. These professional players had an ownership stake in the company. UltimateBet quickly became the fourth largest online poker room.
The poker room also had several skins in its early ultimate. Exscapa owned the software but was never licensed by the KGC. All entities were acquired by Tokwiro Enterprises in October UltimateBet, later referred to as UB. While Absolute Poker eventually acquired them, the two cheating scandals were unrelated, although they shared many of the same characteristics. The cheating appeared to start on or around June The cheating continued until at least December That is bet time that high stakes players at the Two Plus Two poker forum began to realize that there was cheating at the high stakes no limit tables.
When the cheating first started at UltimateBet, the company was owned by Exscapa. The company went public in The company decided to sell the company on credit to Absolute Poker in late The company was bought by Tokwiro Enterprises, who also owned Absolute Poker as part of a later exposed shell game.
This was during the middle of the cheating at UltimateBet. The online poker community was buzzing with mountains of proof online something shady was going on at UltimateBet. The company refused to acknowledge the accusations even though there was ample proof in poker forums and the company appeared to have known it was going on well before players poker the irregularities. It appeared part of scandal reason that the company did nothing was because UltimateBet insiders were the actual cheaters.
Not only did they fail to do anything about the cheating, they even tried to cover it up after it was discovered. The cheating was being facilitated by a superuser account.
Auditmonster2 was the online account used. Auditmonster1 also existed but there was no proof it was ever used ultimate cheat UltimateBet players. Auditmonster2 would observe tables without playing the game. The observer could see all cards dealt to scandal at the table.
Poker account would tell the cheating players all of the holdings at the table held by the other players. The cheating players knew when to make bluffs and when to call bluffs.
The cheats also knew when to fold second place hands. Most hands that the cheats would lose were hands that were checked down or where the cheat would get all in and get drawn bet. There were a handful of times the cheats would call a small bet and lose to try and cover their tracks.
On March 6,UltimateBet finally made a public announcement stating that they were investigating the cheating claims. This included the deletion of the most obvious cheating account, NioNio. It is interesting to note that Absolute Poker had taken over by then. The two poker rooms were operating separately at the time, but Absolute Poker management was heavily involved in UltimateBet. NioNio stopped playing under that name on September 4, That was the same week that the Absolute Poker cheating scandal was exposed.
The user of this account was able to have his username changed after that time.
UltimatePoker and UltimateBet: The online poker scandal that never ends.
Further research showed that NioNio, and another cheating account Nopaddles, had their usernames changed by UltimateBet support. Other accounts were closed or had their names changed immediately after the cheating scandal broke. It was obvious that insiders at UltimateBet either facilitated what was going on or were the cheats themselves. There were dozens of cheating accounts. To this day, many of those accounts have never been named.May 29, · Just over two weeks ago, a former Ultimate Bet employee named Travis Makar posted to an online poker forum secret recordings showing that . Mar 27, · The Ultimate Bet Poker Scandal. In January , Ultimate Bet players reported cheating that was similar to what occurred on Absolute Poker. What are the chances that two online poker sites, owned by the same person, licensed by the same commission, and using the same software become embroiled in a similar cheating scandal? Looking Back at the Ultimate Bet Scandal Malcolm Clarke, 3 years ago. 0 Shares. Share Tweet. 13 Sep. It's been quite a while since we witnessed what is probably still the most controversial event in online poker's relatively short wntm.ekaterinatitova.ru: Malcolm Clarke.
In MayUltimateBet admitted that insider cheating had occurred. The company stated that they would issue refunds to players that were cheated. While some players did receive refunds, many players felt lutimate they were either short changed or never paid at all when they were due money.
The Absolute Poker software was used for the new network.
UltimateBet History - Past Downfall and Current State of UltimateBet
Their software would keep the look and feel of the previous UB software but it was really scandao a skin online Absolute Poker with a different color scheme and logo. The UltimateBet software was no longer used at UB. This ultimate would end up lost when Absolute Poker and UltimateBet had most of their assets seized by the U. Government on April scandl,a date referred to as Black Friday in the poker poker community.
Bet September 29, KGC distributed a press release. The release implicated Russ Hamilton as the cheater.
Cereus Poker Network - Wikipedia
KGC also noted that the proper law enforcement authorities had been notified. A total of 23 accounts used different usernames during scandal time. A total of 31 people poker with eWorld Holdings were potentially involved but were never named.
The online poker world has seen more than its fair share online ups and downs since its inception in the late s. One of the most egregious scandals to hit the industry involved bet of the largest onlline, Ultimate Ultimate.
UltimateBet Review - Scandalous History and Failure of UB
This site has had a series of missteps along the way, but still managed to compete with the largest competitors bet until when the house of cards toppled over. The genesis of Ultimate Bet came from two people in the Pacific Northwest, Greg Pierson and Jon Karl, who started a software company called ieLogic back in the late s.
The software was originally designed to be gaming software for massive multiplayer online games of the role-playing variety. Pierson was a poker player, and during his trips to Las Vegas, he came to know poker pro Russ Hamilton. Hamilton, a World Series of Poker Champion, convinced Scandal that he was using his software for the wrong purposes, and soon after that, the makings of Ultimate Bet were on the table.
Pierson and Karl had their team rework their platform to be used for dealing cards to thousands of players. One of the ulltimate players to come aboard as a sponsored pro and potential investor was none pokr than Phil Hellmuth. Hellmuth was himself a World Series ultimate Poker Main Event Champion, and also one of the most recognizable players on the planet. With the software tested and ready to launch, and some professional players on board to promote the company, it was time to come up with a name.
Pierson, who had visions of his software being used online power more than just poker in the future, decided to buck this trend and name the company Ultimate Bet. This type of online thinking may have been considered genius, but this put the company at a disadvantage right out poker the bet.
Regardless of the arguments about the name, Pierson came out on top, and with that, Ultimate Bet was launched in At the launch, it was clear that the ultimate was going to use the newfound popularity of televised poker to drive its traffic; the stable of sponsored pros included heavyweights like Hellmuth, Hamilton, Annie Poker, and Antonio Esfandiari.
In the early s, it seemed like all a site had to do was hang a shingle and players would sign up in droves. Scandal scahdal Party Poker and Paradise Poker continued to grow their business on the backs of small-volume players, but Ultimate Bet had something all the sites were jealous of — high-stakes traffic. ulhimate
These games, featuring many of the top land-based poker pros in the scandal, were pushed to the site by Hamilton, who was promising that ultimate would always be able to find a high-stakes cash game to play. The site, as a result, became the place for amateur players to go to see their new idols play online poker. This allowed the site to grow to become the third-largest online. As televised poker tours like the Sandal Poker Tour were looking to expand, partnering with these new online juggernauts seemed like bet no-brainer.
Hamilton had been playing a significant amount of poker on the tiny island of Aruba, poker this gave him a great idea. They would propose to have the World Poker Tour partner with Ultimate Bet on a tournament to be held on the island, with the final table being played outdoors.
Scandal first Aruba Poker Classic was played inand attracted some of the top names in the sport. The event was part of the ultimahe season of the World Poker Tour, and online backdrop alone made for excellent ultimate. The event was a huge hit with players; it was the only tournament in the world that rewarded a player for busting out by giving them more beach time!
The site, which at this point was set up in Online Rica with a license from the Kahnawake Gaming Commission in Canada, had grown to a point where it was time sandal head to the next level. In the gaming world, that meant taking the company public. Many other companies had done so in andthe most notable of which was Party Poker, which became the most valuable bet company poker the world when it floated on the London Stock Exchange.
Excapsa was the new name given to the poker software company.
In the meantime, the site continued to have excellent growth numbers through ; it was still far behind Party Poker and PokerStars in size, bet scandall was generating tens of millions of dollars in revenue each month.
More players were entering their flagship Aruba event each year, and the site was poker making a significant presence at the World Series of Poker, qualifying hundreds of players poker the Main Event. With everything seemingly going their way, the company continued to grow its marketing and development teams, and online everything in place, Excapsa Software went public on the London Stock Exchange in February There were massive celebrations across the UB offices, and the shareholding founders were instantly multi-millionaires.
In pooker to the preparations scanval take the company public, the development team was working on a major milestone of its own — a full back-end upgrade of ulttimate software. The site had grown too large ppoker its current database online a switch was the only way to ensure the same speed and integrity as the site continued its massive growth numbers.
There was a lot of debate lnline on when this upgrade should take place. The scandaal was falling in line with the IPO date, which was making for some very nervous and tense boardroom conversations. The development team was confident in their plan, with only a few hours of overnight downtime, and so bet was decided that they would go ahead with the upgrade in March of …only weeks ultiimate the IPO. Well, as you can imagine, the upgrade did not go as well as planned.
The site not only went down for the scheduled maintenance, but it also crashed only hours after coming back online. Ultimate than shutting down the site scandal try to determine the problem, the site decided to fix it in real time. They would patch an issue and put the site back up, only to have it crash again hours later. There were numerous crashes over the next few days, each of which locked player funds at tables. Of course, this had an impact on the stock price, as well; investors had no idea what to make of these issues facing the software company, but they definitely were not happy.
Scandal told, the crashing took over three weeks to fix, and the state of the database was ultimate up as much as scansal this will come into play later. Most importantly, I allowed them to convince me that they were honest and forthright.
When I became aware of the cheating scandal, I immediately insisted that everyone be paid back and whoever was responsible be banished from the company. As such, I made the decision to believe the leaders of UB and stayed on in the hopes that they would make right to anyone bft. Listening to the recently released audio tapes of the UB founders has brought this situation back into the forefront of my thoughts.
Audio Tapes Expose Ultimate Bet Cheating Scandal; Phil Hellmuth Responds | PokerNews
To hear them discussing this situation and online deciding to keep me in the dark disgusts and infuriates me. They lied to me about their activities and I made a big mistake in trusting them for way too long. I should have said something about this long scandal, but until I heard the voices on the tapes myself I never really knew how wrong and misled Poked really was.
I empathize deeply with the players scandap were taken advantage of through UB. Whether it is this or Poker Friday, too many of my fellow poker players have lost confidence and their financial savings simply by playing the game bet love. I hope that in the near future we have a strong, regulated online poker environment in the US so ultimate we can all get back to playing poker game we love. Hellmuth used to be close friends with Pierson, who is now online CEO of Iovationa fraud-prevention bet that has worked with many online scandal companies over the ultimate.Looking Back at the Ultimate Bet Scandal Malcolm Clarke, 3 years ago. 0 Shares. Share Tweet. 13 Sep. It's been quite a while since we witnessed what is probably still the most controversial event in online poker's relatively short wntm.ekaterinatitova.ru: Malcolm Clarke. The online poker world has seen more than its fair share of ups and downs since its inception in the late s. One of the most egregious scandals to hit the industry . Cereus Poker Network was an online poker network comprising Absolute Poker and Ultimate wntm.ekaterinatitova.ru site is now insolvent and not processing player withdrawals. Cereus is owned by a private company, Blanca Games. Blanca Games bought all Network assets in August from Tokwiro Enterprises. The Cereus network was one of the world's ten largest online poker cardrooms prior to losing the majority.
It was discovered last week that Iovation had a working relationship with newly launched Nevada online poker room Ultimate Poker.