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Uncovering Online Poker Fraud

60 Minutes Reveals Wide Spread Cheating

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As a former online poker player, I figured when 60 Minutes and The Washington Post did an investigation, it would turn up that cheating would be relatively mild and small. Wrongo. Two of the top online poker gambling sites, AbsolutePoker and UltimateBet, turned out to be crooked. Gamblers lost over $20 million to cheaters.

As it says in the video, if you know the cards everybody else at the table is holding, you can win pretty easily. An insider had that knowledge, and so far, nobody has been charged with a crime.

3,863 clicks • Published: Dec 4, 08 • References: and cbsnews
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