Poker Gate: Cheating in Poker is a lucrative business Former CEO caught after online fraud
Fraud in the land of poker: Former CEO of one of the biggest online poker sites made sure he was able to see his opponents cards.
Is my opponent bluffing, does he really have good cards? Are my cards better? To bet or not to bet?
Those are the questions Scott Tom never had to ask himself. Former CEO of Absolute Poker.com, on of the major poker sites online, programmed his software in a way he was able to see his opponents cards. Very easy to play that way.
[Known story about CrazyMarco’s 9-high losing to Potripper T-high]
CarzyMarco got suspicious of the call. Together with some of his poker friends he analyzed Ip-addresses, email-addresses and playing habits. After several weeks Potripper turned out to be Scott Tom, former CEO of AP. By using a simple trick he was able to see his opponents’ cards and meanwhile be playing against them.
It’s still unknown how many times Tom used his self invented method and how many dollars he earned. Another question is if software of other poker sites contain the same possibilities. It would be very lucrative in a market with a trade volume of 1,5 billion dollar a year. Another advantage, the chance of being discovered is very slim. Tom got caught by taking decisions that were too obvious. Play a little bit less obvious and get rich, very rich.
Poker Gate: Cheating in Poker is a lucrative business