Ultimate Bet

Ultimate Bet Was denken Sie?

UltimateBet war ein Onlinepokersaal, der im Jahre gegründet wurde und zu den zehn größten virtuellen Kartenräumen der Welt zählte. Er wurde von der. UltimateBet war ein Onlinepokersaal, der im Jahre gegründet wurde und zu den zehn größten virtuellen Kartenräumen der Welt zählte. Er wurde von der Firma Tokwiro Enterprises betrieben. Ultimate Bet ist bekannt für seine No-Limit Holdem Spiele. So starten die unteren Blinds schon bei $$ Des Weiteren bietet UB eine Menge Spiele an. UltimateBet war in den bis dahin größten Onlineskandal Phil Hellmuth blieb trotz Mega-Skandal bis Ende bei Ultimate Bet und. Tokwiro Enterprises, Betreiber der Webseite Ultimate Bet, hat zum jüngsten Vorfall Stellung genommen. In einer $/ Partie zwischen Phil Hellmuth und​.

Ultimate Bet

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Ultimate Bet Video

The biggest cheating scandal in online poker history

Ultimate Bet - Navigationsmenü

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Categories UltimateBet. The poker software on UB Poker is available as a free ultimate bet download. This highly advanced and sophisticated software is compatible with any Windows based computer Windows 98, , XP, Vista, and Windows 7.

The download is small so the ultimate bet download will only take a few minutes over any type of internet connection.

The graphics employed by Ultimate Bet are among the most advanced and lifelike in the industry featuring smooth animations, realistic sounds, and customizable tables and player avatars.

Please continue reading our easy to follow guide for instructions on downloading, installation, registration, bonus codes, and more.

If you also would like to play Casino games, check out the download Party Casino , a great interface offered by one of the most popular casinos.

Party Casino also offers the most popular slotsonline. Once you deposit, the bonus money is held in a pending bonus account until you "clear" the money.

Learn how to earn Status Points by reading our Ultimate Bet referral code page click the blue link above. Ultimate Bet offers another promotion in their new "Seven Deuce" tables.

These are special No Limit Hold'em tables, and to sit at them you have to put up a small side bet into the "Seven Deuce" side pot. Once each player puts up the side bet, the money stays in a separate pot until someone wins a hand with Once someone wins a hand with , the players have to repost the side bet or leave the table.

For details, visit UltimateBet. UltimateBet calls this the UB Army, where the UltimateBet Pros and qualifying members of the online poker room join forces to tackle the biggest live events.

Basically, if you are looking to play Texas Hold'em, Ultimate Bet is an outstanding choice. However, if you prefer to play Omaha, Seven Stud, or a different game, you may want to check out PokerStars or Full Tilt Poker as those sites have more player traffic for the less popular games.

The lowest stakes at Ultimate Bet have extremely loose competition at the cash tables, with the competition gradually increasing with the elevation of stakes.

At the highest levels, competition becomes downright fierce. Ultimate Bet used to have a fairly conservative poker tournament schedule, but since teaming up with Absolute Poker , the site has expanded their tournament lineup to include some of the biggest poker tournaments online.

Every week there are millions of dollars offered through guaranteed money poker tournaments. Some highlights of the Ultimate Bet poker tournament lineup include the following tournaments:.

Players can play traditional full-table sit and go's as well as turbo sit and go's, heads up sit and go's, shorthanded sit and go's, and more.

Like at the ring games, lower cost tournaments are juicy and fairly easy to move up in, but the bigger tournaments are outright battles from start to finish, often including the best poker pros in the business.

As you move up the ladder you are privy to more benefits including interest on your player account, discounts in the UltimatePoints store, private tournament creation, and cash-for-UltimatePoints.

Members and Players only receive basic perks, but once you reach the upper levels you receive some real benefits like cash-for-UltimatePoints, which lets you turn in your UltimatePoints for straight cash, and a concierge service which can get you pretty much anything you want.

They would patch an issue and put the site back up, only to have it crash again hours later. There were numerous crashes over the next few days, each of which locked player funds at tables.

Of course, this had an impact on the stock price, as well; investors had no idea what to make of these issues facing the software company, but they definitely were not happy.

All told, the crashing took over three weeks to fix, and the state of the database was cleaned up as much as possible this will come into play later.

With the database issue out of the way, the site could move on to the World Series of Poker and the Aruba Poker Classic, which had grown to be a huge event.

The World Poker Tour and Ultimate Bet had severed their partnership due to a contract dispute, so Ultimate Bet decided to film the event themselves to package and sell to a television network.

Revenues were growing, but not at the same rate. Furthermore, a new site, Full Tilt Poker, had stolen all of the high-stakes players away from the site another story altogether, which you can read about in detail in our Full Tilt Poker History.

Everything seemed to be back to normal for the site after their database issues…and then it all came crashing down. Right in the middle of the event, news came that the United States had passed legislation meant to cripple the offshore online gambling business.

The Unlawful Internet Gambling Enforcement Act was tacked onto other legislation, and it was written to make the financial transactions that were processing deposits and withdrawals to gaming sites illegal.

In , it seemed that the industry was bulletproof; millions of dollars were being spent on traditional advertising, essentially flying a flag in the face of the U.

The publicly-traded Party Poker and decided to give up over half of their current revenue and shut down the access of American players.

They felt that they had enough dollars coming in from other countries that they could survive in the long run. Privately-held companies like PokerStars and Full Tilt Poker did not feel that they were breaking any laws, so they decided to stay in the market and scoop up the players looking for a new home.

Ultimate Bet found itself in the worst position of all the companies. They were publicly traded, so it seemed all but decided that they had to leave the market, but doing so would likely crush the company — the majority of their business was coming from American players.

After much debate on the topic, Pierson and one of his competitors — Scott Tom of Absolute Poker — decided to meet. Absolute Poker was privately owned and was much smaller than Ultimate Bet.

However, there were a lot of similarities between the two companies some of which would come to light in the coming years. The groups agreed to terms, and then an announcement was made: Excapsa was going to de-list from the London Stock Exchange and sell its assets to the Absolute Poker team.

This would allow the new company to continue to take action from the U. All during this period of growth and turmoil, there was another issue brewing at Ultimate Bet.

The high-stakes players who had spent so much time in the game over the years were getting cleaned out by a handful of players.

It seemed as though these players could do no wrong. The poker world is very good at self-policing, however, and rumors of possible collusion started to bubble up on forums and around the poker community.

To make matters worse, the site itself was not responding in a timely fashion, further fueling the rumor mill. Finally, after constant harassment by the players to investigate these players who seemed to be winning at an alarming rate, the site put out a statement.

They acknowledged that there had been collusion on the site, confined to the time range of March to April As many of the players had relationships with their customer service agents, all they had to do was find the right one — and they did.

An unnamed whistle-blower within the Ultimate Bet organization provided screenshots of account information on a couple of the colluding accounts; this information tied the account to none other than Russ Hamilton himself.

Armed with this information, the players decided to take the issue to the next level — the press. Soon after the account information had been revealed, a complaint was filed with the Kahnawake Gaming Commission, citing their failure to protect players from this cheating.

This is where the story gets even crazier. How was it possible that two companies, now linked, could have had this happen to them?

To make matters worse, the registered owner of both Ultimate Bet and Absolute Poker was Joe Norton, the former chief of the Kahnawake tribe.

He was well protected by the commission, so it was hard to say if there would be any recourse for the players. Now the word was getting out to the general press, causing 60 Minutes to start doing their own investigation for a piece on the topic.

During all of this, Ultimate Bet put out another statement; they had determined that the cheating had been going on since before , and they were working with the Gaming Commission to determine the extent of the damage.

Through all of this, the site continued to operate, although with the reputation damaged to this level, it was definitely in survival mode.

In , the investigation into the cheating at UB concluded, and the Gaming Commission released their findings. They determined that the cheating had been going on since , and had cost players tens of millions of dollars.

They also made the announcement that they could clearly determine that Russ Hamilton was directly involved in the scam.

However, they refrained from releasing the information on the other accounts and players involved, which enraged the poker community.

This was the last straw for many players, who quickly demanded their money and went on to play at other sites.

While the scandal now seemed to be behind Ultimate Bet, paying the players who had been scammed was still in question.

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