31–40 of 58 posts
What assurances are there that the house isn't cheating?
I think a site like this can easily make more money then say a drug-store on darknet, but perfectly legal. There are some challenges though, like multi account cheating, and bot players.
Why do you believe this is legal? http://www.pokernews.com/news/2015/02/seals-with-clubs-chair...
The truth is, Micon was the "chairman", but the actual operations and such all took place out of country.
Crypto currency gambling is legal in the United States so long as there is no USD involved because crypto currencies are akin to stocks. You don't pay capital gains until you convert stocks into USD or other fiat currencies.
The implication is that somehow Micon may have been turning BTC from seals into USD and not giving a cut to the Nevada Gaming Commission.
What assurances are there that the house isn't cheating?
The house makes money from rake. This means it's not in the house's interest to enable any cheating, since cheating makes the house less trustworthy, and therefore, there is less rake being generated.
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I thought online gambling was generally not legal.
I'm in the United States. To my knowledge online gambling is not strictly illegal, but it's illegal for online casinos to send or receive money to or from any banking or crediting organization, therefore preventing users from transferring money into casino accounts. Bitcoin is still in a weird realm where it's considered property rather than a currency, which I imagine would make it similar to gambling with gold. (My…
The anti-gambling/anti-poker laws from "Black Friday" in 2011 actually have to do with banking and USD.
This is why there are actually several US-facing card rooms operating out of country semi-legally - they do not do banking in the US, so they are not afoul of laws in most states. I believe New York is a notable exception along with a few other states which sites like Bovada will not accept US users from.
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Connection from the same place on the same table are forbidden (comparaison between address is done on hashed ip's)
My poker buddies from college are now all over the world. You can't identify us and ban us from playing at the same tables.
And you can be certain that none of that is happening in this example and I'd never play there -- unless I wanted to collude with friends.
how does it stop collusion at the tables ?
As others have mentioned, proxies and out of band communication make it nearly impossible to really detect.
That said, detecting blatant or clueless collusion is fairly simple, as things like chip dumping and soft-playing can become fairly obvious just by observing play.
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The house makes money from rake. This means it's not in the house's interest to enable any cheating, since cheating makes the house less trustworthy, and therefore, there is less rake being generated.
Unfortunately the criminal mind discounts the possibility of getting caught. There have been several big scandals of this sort in online poker. Scams at Absolute, Full Tilt and others have been uncovered.
The Ultimate Bet / Absolute scandal involved super-user accounts being used to reveal hole-cards of opponents and that most certainly was cheating.
The end result is that room went down in infamy and most of the people associated with it at the highest levels are looked down upon in the poker community.
On the other hand, Poker Stars ended up picking up the tab for Full Tilt, which is now a fairly trustworthy room thanks to Poker Stars' management.
The only gambling occurring is the gambling that this is a trust-worthy implementation of multi-player poker.
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Sorry, not used to speak about that with competent people :D
There are few enough IPv4 addresses that just about any hash forms an injective mapping which can be completely reversed: the best you can do is use something like HMAC and "pepper" it, but that only works if the clients can't verify or generate them.
frequently loses connection and when i reconnect the old dealt cards for a hand are not redrawn, only the newly dealt cards for that hand are drawn.