Many in the poker industry consider the UltimateBet and Absolute Poker scandals resolved, at least as much as we can expect them to be considering the sources of any information and the lack of the ability to involve U.S. law enforcement due to jurisdictional issues. And while some of us still have eyes and ears open for further developments, such as those that may appear on a Russ Hamilton twitter feed, Haley Hintze, former Editor-in-Chief of PokerNews, has decided to put out all of her well-informed conjecture on her own blog and gives one of the more detailed explanations of how, when, and why the UB/AP scandals were perpetrated. Though she has only posted Part 1, the rest of the story, we presume, is forthcoming.
Part 1 dives into the beginnings and how Hamilton got involved and possibly recruited help. Here is a portion of the post:
There are three reasonable scenarios for how the cheating spread, as spread it surely did:
1) One or more software engineers working on the UB code recognized the illicit profit potential for themselves, and also began to slice money from the games;
2) Hamilton himself recruited one or more Costa Rican workers to assist him in the cheating, as a way of expanding the total money being stolen;
3) Someone at UB caught Hamilton — probably noticing unusual withdrawal amounts relative to the amount of play Hamilton was logging — and decided to cut himself in for a slice of the action.
From some time in 2006, I believe, it was game on in a big way for the cheats. I’d heard whispers as far back as 2005 that something was wrong with the cash games at UB, but I played there very little, only at small stakes, and couldn’t really speak to it.
The post in its entirety can be found here.