Ultimate Bet came first in March 2001 and was licensed by the Kahnawake Gaming Commission in Canada. The story of Ultimate Bet and Absolute Poker begins with ieLogic, a software company founded by Greg Pierson and Jon Karl that would design the software used by the disgraced poker sites. Read all about the 2011 Full Tilt Poker scandal The Beginnings of AP and UB
The cheating scandal, where Hamilton and other insiders used a 'god mode' feature to view the hole cards of opponents, recently received new attention when a key player in the scandal, attorney Daniel Friedberg, was revealed to be an executive at the crypto trading platform FTX at the center of what US authorities are calling 'one of the biggest financial frauds in US history.'Īs the FTX debacle plays out, here's a look back at the biggest online poker cheating scandal of all time. Long before the Stones Gambling Hall controversy where Mike Postle was accused in 2019 of cheating on live-streamed cash games, there was Ultimate Bet, Russ Hamilton and a multi-year scandal that left thousands of players cheated out of more than $50 million.
Travis Makar, Daniel Friedberg & the Cover-Up.
