Online Poker Cheating Costly, Unpoliceable

Over the past two years, the largely unregulated business of online poker has seen two major cheating scandals, according to a joint report by '60 Minutes' and the Washington Post.
Players on the poker site Absolute Poker uncovered the first of the two scandals in August of 2007, when one apparently novice player, known as "Grey Cat," began consistently winning high-stakes games. After pressing the site administrators for information, the amateur investigators finally discovered that the too-lucky player was, in fact, a former employee of the Web site who had cracked Absolute Poker's software code. Although administrators conceded this fact, and instituted $1.6 million worth of refunds to its players, they refused to make public the cheater's identity.

























