CBS & The Washington Post Unmask Secrets of Online Gambling Cheaters
Thursday, November 27th, 2008After a four-month investigation by reporters from 60 Minutes and The Washington Post, new information has come out to the public about how to find online gambling cheaters. Operators of online gambling sites have come under fire in recent years for not responding to complaints of cheating on their sites. In an industry worth $18 billion, they are in a unique position as the industry remains, for the most part, highly unregulated. The details from the in-depth investigation will be broadcast this coming Sunday night on 60 Minutes at 7 p.m.
Players who have been successful in cheating the system have walked away with more than $20 million. They have even gotten away with their hustle on such popular online sites as Absolute Poker and Ultimate Bet. Some players have been suspicious in regard to the playing styles of some of the cheaters. Some players have achieved consistent success all the while playing in a decidedly born-to-lose style. It just wasn’t probable. One thing to be on the lookout for his players who have really poor hands going up against people who have really phenomenal hands who somehow manage to win game after game.
A mathematical analysis of such an incredible winning streak showed that a player’s chances of winning in such an environment were a one-in-a-million jackpot – six times in a row. That’s just not plausible. The two sites that have experienced cheating are based out of a Costa Rican shopping center. Their games are run on computer servers based on an Indian reservation near Montreal. Although online gambling of this variety is illegal in both Canada and the United States, the betting laws in those nations have no jurisdiction on the reservation.
