The British Broadcasting Corporation reports this week on an investigation into the widely reported Chinese player collusion issue at Pokerstars in July.
Highlights of the full story include:
- 25,000 Pokerstars players were compensated a total of £1.63 million following the scam.
- £52,000 was paid out in an earlier issue where players became victims of bot action.
- The availability of cellphone and IM technology has made collusion exchanges more difficult to intercept by operators.
- However, the indications are that 95% of the action is safe and untainted by collusion.
- Rapid growth at the online poker giant has created pressure on security staff trying to monitor suspicious action, with one ex-employee revealing that under pressure it is not unknown for staff to switch off automated alerts on suspicious playing patterns. However, security technology improvements are continuously being put in place.
- Most collusion complaints are in fact unfounded and emanate from sore losers.
- Annual revenues at Pokerstars are in excess of £911.6 million in an industry with an estimated annual value of £3.25 billion.
- The latest issue was not reported to the Chinese authorities, although the Isle of Man-based Pokerstars has indicated that it would cooperate if approached.
- Specialised Russian message boards often include exchanges setting up 'team play' - a euphemism for players interested in setting up collusion rings.
- The extensive trackability of online poker technology enables operators to conduct detailed and accurate investigations with relative rapidity.
Source: InfoPowa News