UltimateBet Admits to Cheating Scandal
June 2 - The online poker industry has been rocked by another scandal, when UltimateBet admitted in a statement on Thursday that software on the site had been tampered with.
Related Poker News:
- New UltimateBet Pros Seek To Calm Cheating Scandal
- Online Poker Scandal Wrapping Up
- Massive Online Poker Cheating Scandal Uncovered
- 60 Minutes Looks at Poker Scandal
- PPA Chairman Alfonse D’Amato Releases Statement on UltimateBet, Absolute Cheating Scandals
- I-Team Updates: Poker Scandal, Area 51 & Non-Profit Medical Research
- Online Poker Room Pays Off Players
- $7 Million Aussie Poker Scandal
- Poker might link former CIA chief to Hookergate scandal
- Absolute Poker Refunds Millions after Cheating Scandal
- Ultimate Bet’s Ultimate Poker Fraud Defense
- The Phil Laal Scandal
Poker jargon:
- BAD-BEAT JACKPOT - In some cardrooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand. Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot. A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %, and the other players at the table share the remaining 25 % of the Jackpot.
- CALLER - One who calls. Sometimes used collectively, as in "3 callers".
- ROYAL FLUSH - An ace-high straight flush, the best possible hand in regular poker.
- BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
- FISH - A player who loses money. An old saying is "If you can't spot the fish at the table, *you* are the fish.".
- BOARD - The exposed cards in Hold'em and stud. Also BOARD CARDS.
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