FriendFeed Offers Real-Time SearchResults Actually Roll In
An investigation by Washington Post reporter Gilbert M.Gaul and 60 Minutes looked at two of the largest cases of online gambling fraud in the history of Internet poker.
The investigation found that Internet gambling sites operate in a gray area with little regulation and even less enforcement.
In part one, "Hunting the Internet Poker Cheats," Gaul chronicles the work of online poker players who took it upon themselves to investigate cheating on the gambling site Absolute Poker after one player suspiciously lost $15,000 in a short series of games.
After months of pressure, the site was forced to admit that the cheater was a consultant with managerial responsibilities. The cheaters identity was never revealed and was not charged with a crime, but the site refunded $1.6 million to players.
Rumors than surfaced of a new scheme on the sister site UltimateBet.com that more that $20 million had been stolen from players over four years. The alleged suspects included a former world champion poker player and UltimateBet.com employees.
Today, in "Should Internet Gambling be Legal?" Gaul explains how scams like these are raising new questions about the honesty and security of a "freewheeling" industry that operates outside of U.S. law. Revenue from online poker tournaments, casino games and sports books around the world are estimated at $18 billion a year, more than tripling over the past five years. Billions of those bets come from the U.S.
FriendFeed Offers Real-Time Search
9 Comments
Poker cheaters
There has been poker cheaters since the game was invented. People used to be hanged for that, but nowadays a slap on the wrist seems to have become the norm.
I don't believe if someone
I don't believe if someone plays poker with you while he is able to see your cards. That is a scam, isn't it?
Online casino cheater
I do not like any online poker and casino, there is no legal online casino in the internet as well.
online poker
I have been playing online poker for long time.
manoj is a idiot
poker bonus codes
Even though I have used
Even though I have used poker sites for years, I must admit that all the new sites and offers look great, its just as well sh*t like this makes it public. Not just to aware the public but to also let the casinos were onto them!
Again?
I can not belive it happens again. I thought the poker websites have learned the leason.
I never trusted these casino
I never trusted these casino websites. And now I see that I wasn't paranoic:)
Post new comment