75 million dollar lawsuit for online gaming company

This is going to hurt UltimateBet.com right where it counts. Internet Sleuthies unveiled that it offered rigged games intentionally to defraud users while teaching others how to overcome odds.

The former operator of a popular online poker site faces a $75m claim after internet sleuths presented evidence that for more than three years it offered rigged games that allowed cheaters to win hands at astronomically unlikely odds.

According to a special report published last week on msnbc.com, scammers were able to manipulate the software running UltimateBet.com, one of the top 10 online poker sites. The unauthorized software code allowed certain players to see the hole cards of their opponents, according to the report, which cited a report from Tokwiro Enterprises, a company that claims ownership of UltimateBet.

The scam was unearthed by some of the players who got burned. They noticed that certain players in the highest-stakes games were winning at a rate that seemed to defy statistical odds. Two of the players, who went by the handles “trambopoline” and “dlpnyc21,” eventually closed in on a particular account as a prime suspect. Using the screen name “NioNio,” the player netted $300,000 in profit in just 3,000 hands. They later discovered that NioNio had won 13 of the 14 sessions recorded on MyPokerIntel.com, a website that tracks high-stakes online tournaments.