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Obvious Chip Dumping on iPoker

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09-26-2010 , 09:37 PM

wants

old hand

Join Date: Dec 2009 Posts: 1,752

Not sure where the best place to post this is. I don't even play on iPoker but thought somebody might want to report this.

Between 4:32PM and 4:43PM CDT today Ceiworus won $987.52 from loolekkkk at 50NL HU in 36 hands: http://www.pokertableratings.com/ipo...sions/ceiworus

If you watch the replayer you can see Ceiworus limping, loolekkkk raising to nearly all in, Ceiworus shoving over the top and loolekkkk folding. Every hand.

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09-26-2010 , 09:41 PM

wants

old hand

Join Date: Dec 2009 Posts: 1,752

Ok, this is weird. loolekkkk hasn't actually won any money on iPoker and his only sessions are the few chip dumping sessions to Ceiworus. Maybe this isn't about poker at all and just a dumb money laundering scheme?

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09-26-2010 , 09:43 PM

hamdoggg

old hand

Join Date: Mar 2010 Posts: 1,241

I don't really see why this would be hurting anyone? It's heads up...and the site is making the rake off of it...

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09-26-2010 , 09:46 PM

wants

old hand

Join Date: Dec 2009 Posts: 1,752

I don't know, I found this more interesting than anything else. My first thought was that chip dumping is what cheaters do to move money, but then again I guess anybody could be doing it for any variety of reasons.

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09-26-2010 , 09:52 PM

Grafter

adept

Join Date: Dec 2007 Posts: 855

It could even be the same guy moving money from one skin to another.

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09-26-2010 , 11:49 PM

Rainbow Warrior

flight risk

Join Date: Sep 2002 Posts: 5,815

Quote:

Originally Posted by hamdoggg

I don't really see why this would be hurting anyone? It's heads up...and the site is making the rake off of it...

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Originally Posted by Grafter

It could even be the same guy moving money from one skin to another.

This type of money movement is often dirty or unsecured money (CC chargeback or uncovered e-check) from one account being moved to a more legitimate account having withdrawal or transfer options.

The motives are generally nefarious and that's why this is against every sites rules and frowned upon because it is often done by internet scammers and thieves.

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09-27-2010 , 05:24 AM

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 57,426

Quote:

Originally Posted by hamdoggg

I don't really see why this would be hurting anyone? It's heads up...and the site is making the rake off of it...

Well...

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Originally Posted by Bobo Fett

You'd probably care if someone hacked into your account and then dumped the chips to another account to steal all your money.

And next time you complain the rake is too high, keep in mind that part of it goes to cover people who deposit fraudulently and dump the money off to another account.

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09-27-2010 , 01:29 PM

wants

old hand

Join Date: Dec 2009 Posts: 1,752

What's weird about this case is that neither account seem to have been used for anything other than dumping money between these two accounts. Makes it look like non-poker players are using the accounts to launder money with absolutely no connection to poker.

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09-27-2010 , 01:33 PM

wants

old hand

Join Date: Dec 2009 Posts: 1,752

Speaking of money laundering, if a live tournament player "lost" all his/her winnings online like this, could they avoid paying taxes on them? Assuming it wasn't this obvious of course.

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09-29-2010 , 06:09 AM

#10

tiltist

newbie

Join Date: Feb 2008 Posts: 39

So what did the support reply when you told them?

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09-29-2010 , 09:05 AM

#11

cuQaaa

adept

Join Date: Sep 2009 Posts: 822

Quote:

Originally Posted by hamdoggg

I don't really see why this would be hurting anyone? It's heads up...and the site is making the rake off of it...

no flop, no drop, no $$$ for iPoker this time.

but I reported it now. dont know if anyone did before.

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