Tuesday, November 2, 2010

Ultimate Bet Pays Tom Dwan $300,000 in Compensation

23 Oct, 2010  Poker News

The Ultimate Bet cheating scandal which involved Russ Hamilton ended up costing many good poker players a lot of money. Tom “durrrr” Dwan was one of these players who got the short end of the stick when Russ Hamilton and his cronies used their tricks to con players.

However, Ultimate Bet which was only the means to Russ Hamilton’s end, is doing its bets to salvage the damage and compensate players who were scammed as a result of the super user scandal. As a result of this, the site will be paying out $300,000 worth of compensation money to Tom “durrrr” Dwan.

The scam was engineered by Russ Hamilton, a skilled poker player who won the 1994 World Series of Poker. When contracted to work as a consultant for the Ultimate Bet site, Hamilton hooked up with a group of people, which allowed him to win by viewing his opponents’ hole cards. In time, the whole team was in on the scam and together with Hamilton managed to cheat players at Ultimate Bet, taking in $22 million from the scam. The scam lasted for two years beginning with January 2005 until it was discovered in December 2007.

Tom “durrrr” Dwan was one of the luckier players at Ultimate Bet as he did not play as much at the site as he is now doing at Full Tilt. When made aware of the Russ Hamilton super user cheating scandal at Ultimate Bet, Dwan took it very well – possibly because he had not spent too much of his time and money in those poker rooms. “I guessed there was a 2% or 3% of some cheating going on,” he said.

Dwan was also able to recall a particular weird session at Ultimate Bet when he lost 20 buy-ins at a $50/$100 Pot Limit Omaha game to a single player. Although, Dwan is not able to recall the player’s name and claims that it is not on the list tat the site sent in, he did say that it left an impression on him: “nothing else the whole time peeked my interest about UB at all,” he said.


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