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Coming Sunday: The Poker Cheats

POSTED: 09:00 AM ET, 11/28/2008 by The Editors

In the past decade, online poker has grown into a lucrative industry, with millions of players placing billions of dollars worth of bets every year. holdem_145.gif The money flows to Web sites with often-murky ownership, based outside the United States in places without gambling laws. On Sunday, The Washington Post will publish an investigation of online poker and an inside account of the two largest cases of cheating in the industry's short history.

The report by Post investigative reporter Gilbert M. Gaul, in conjunction with CBS' 60 Minutes, will also include online extras: A reconstruction of how cheaters gamed the system to get an inside peek at other players' cards. A live discussion with Gaul and prominent online poker player Serge Ravitch. And a reporter's notebook from Gaul about how he investigated online poker.

See you back here on Sunday.

By The Editors |  November 28, 2008; 9:00 AM ET Post Investigations
Previous: Feds Probing Cassano's Role at AIG | Next: 'MySpace Suicide' Case Expands Web Law

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I just saw this story on 60 Minutes and had to comment. Oh, boooo whooo these people played an illegal game and got cheated! Did it ever occur to them that the reason online gambling is illegal is because it can not be regulated so these scams can not be prevented? Even though they lost ridiculous amounts of money, I don't have an ounce of sympathy for them and don't think they deserve any recourse. I would equate it to being like someone trying to purchase an expensive amount of illegal drugs from a dealer. But then the dealer takes off with the money and the drugs and the potential buyer goes to the cops for help. When you do illegal things, you get what you get!

Posted by: ynbarrett | November 30, 2008 8:22 PM

Theft of over $20 million and you think the perpetrator should get away with it? Theft is still theft.

Also, online poker player is not illegal. The recent legal change made it illegal for banks and third party processors to transfer money to these sites. Playing on the sites or individually transferring money is not covered by the new Internet Gaming Act.

Posted by: danocooper | November 30, 2008 11:18 PM

i hope that the "professional" players featured in 60 minutes pay their taxes this year...especially the one who stated that he earned enough to pay off his law school...who here thinks that he paid taxes on the income he earned while sitting in his apartment in the usa? ...even if the server is located elsewhere

Posted by: jaman2 | December 1, 2008 12:10 PM

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