“Back Door” Cheating Scandal Rocks Online Poker

AcidAUS sends us the story of an online poker cheating ring that netted an estimated $10M for its perpetrators over almost 4 years. The article spotlights the role of an Australian player who first performed the statistical analyses that demonstrated that cheating had to be going on. “In two separate cases, Michael Josem, from Chatswood, analyzed detailed hand history data from Absolute Poker …

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Poker argot:

IMPLIED ODDS - A refinement to POT ODDS which includes money not yet in the pot. Considers the potential extra bets and winnings made when a player forms a very good hand.
POT LIMIT - A game where the maximum bet is determined by the size of the pot at the time. Note that a player wanting to raise first calls the bet, then totals the pot to determine the maximum amount he can raise.
LEAK - To show one's hole cards (often unknowingly).
PASSED OUT. - A hand in which nobody opens. What happens next is a function of the game being played.
EDGE - An advantage over an opponent, either specific or subjective.
SUITED - Two or more cards all the same suit. Ant: OFF-SUIT.

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