http://www.pokernewsdaily.com/60-minutes-story-on-ultimate-bet-scandal-may-air-october-26th-442/ Your one stop shop for poker news. Sat, 20 Mar 2010 17:17:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.pokernewsdaily.com/60-minutes-story-on-ultimate-bet-scandal-may-air-october-26th-442/comment-page-1/#comment-1857 FoolsGold Tue, 30 Sep 2008 19:43:50 +0000 http://www.pokernewsdaily.com/?p=442#comment-1857 It seems that full analysis of a game of poker requires a review of the various players hole cards. I simply can't imagine why such a review could be considered a complex matter or a time-consuming one. An ordinary Certified Public Accounting firm could see that such audits were performed on a routine basis. Oh, I guess in Canada they call them Chartered Accountants or some such thing but its still a simple process to employ the firm. Failure to do so obviously raises questions about motivation. After all, setting up the computer procedures is not at all challenging. Looking in the local telephone directory for a certified public accountant (or the Canadian equivalent) is not a particularly demanding task either. The fees charged would be rather minimal too. Ofcourse this would not catch cheaters in real time but then very few auditors do. Audits are designed to let cheaters know that they will eventually be caught, not necessarily that they will be caught red-handed. A post-game audit trail would be easy to produce. If none exist, its because the site administrators did not want one to exist. FG It seems that full analysis of a game of poker requires a review of the various players hole cards. I simply can’t imagine why such a review could be considered a complex matter or a time-consuming one. An ordinary Certified Public Accounting firm could see that such audits were performed on a routine basis. Oh, I guess in Canada they call them Chartered Accountants or some such thing but its still a simple process to employ the firm. Failure to do so obviously raises questions about motivation. After all, setting up the computer procedures is not at all challenging. Looking in the local telephone directory for a certified public accountant (or the Canadian equivalent) is not a particularly demanding task either. The fees charged would be rather minimal too.
Ofcourse this would not catch cheaters in real time but then very few auditors do. Audits are designed to let cheaters know that they will eventually be caught, not necessarily that they will be caught red-handed. A post-game audit trail would be easy to produce. If none exist, its because the site administrators did not want one to exist. FG

]]> http://www.pokernewsdaily.com/60-minutes-story-on-ultimate-bet-scandal-may-air-october-26th-442/comment-page-1/#comment-1851 FoolsGold Tue, 30 Sep 2008 12:24:18 +0000 http://www.pokernewsdaily.com/?p=442#comment-1851 Sorry folks, but I just have to butt in here with some plain speaking: If a young kid from Australia can so easily demonstrate clear evidence of such shenanigans going on and the poker world is so full of all these multiple corporate facades then I just don't believe these claims that recent purchasers of the sites were duped. Such recent purchasers are more likely to be simply trying to wrest even more money out of the deal by going after insurance company money or simply trying to cloak themselves with apparent innocence by suing once the light of day started shining on their activities. Too much of this was going on for far too long for there to be so many who are suddenly claiming ignorance. I am reminded of the Prefect of Police in the movie Casablanca who just after closing Rick's Cafe Americaine because he was shocked to discover gambling was going on had a waiter approach him and hand him his winnings.FG Sorry folks, but I just have to butt in here with some plain speaking:
If a young kid from Australia can so easily demonstrate clear evidence of such shenanigans going on and the poker world is so full of all these multiple corporate facades then I just don’t believe these claims that recent purchasers of the sites were duped. Such recent purchasers are more likely to be simply trying to wrest even more money out of the deal by going after insurance company money or simply trying to cloak themselves with apparent innocence by suing once the light of day started shining on their activities. Too much of this was going on for far too long for there to be so many who are suddenly claiming ignorance. I am reminded of the Prefect of Police in the movie Casablanca who just after closing Rick’s Cafe Americaine because he was shocked to discover gambling was going on had a waiter approach him and hand him his winnings.FG

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