Quote:
Originally Posted by Josem
What do you actually mean by "independent audit" here?
It is normal in the business world for companies to hire auditors. That's how that system works.
How would your "independent audit" differ from the existing audit, and what problems would it fix?
Its common practise to hire auditors. Sure. In most cases companyes are most interested part in knowing truth about real financial state, productivity of labor force etc.
But in some cases nogative results provided by auditors can cost company enourmous damages. In those case it is vital to make sure companyes are audited independently.
Will provide two examples - Iceland payed hundrets of thousands $ to economics profesors from best universityes in the world to make analysis if its economics. Research said everything is good just before total colapse of this country taking billions from people in foreight countryes. Now this is a fact. When companyes like Standart & Poor's where payed based on ratings they give amount of AAA+ rating skyrocketed just before world crysis. After that rating companyes said - we have no obligation to anyone becouse its just our opinion. Now even USA has AAA if i am not wrong and complaining rating agencies are incompetent.
Even after that we are so naive thinking audit company is not biased by costumers they are payed in anyway? Only solution is to have mediator who would be equaly interested in needs of players and poker sites. That mediator was created - its gambling comissions. They are interested to have poker sites operating and generating profits. On the other hand they are equaly interested to protect costumers, prevent any shady things and have perfect reputation to be suproted by goverments and keep they jobs.
I would imagine nowadays with programs like Poker Tracker, Holdem Manager, with sites like Sharkscope or PTR everybody can make anlysis on its own HH. So, main task is to assmemble team that would be able to anaylyse this data in terms of pure math. Basicly math and statisticks scientist who would have clue about poker or be asisted by people who does. Its not difficult. Like i write previosuly, for example my father has doctors degree in math and is working for goverment in different field. Take 1 or 2 people from different countryes and ask to make similar reserach and compare results.
Main problem is how to get data. And PS has answer to this. When you think its kinda close circle. If PS has something to hide it becomes impossible to get data on those issues anyway. Only two solutions - to get data from sites like PTR that might be able with time to reach such precision and amount of data that would be suficient for research. Or gambling commisions should pass law saying it is necessary for poker sites to let comisions execute idependent audit on tearms they choose in order for sites to keep licenses. Its like driving and driniking. If you stoped by police you must agree to alkohol test to have data what amount of alcohol is in your blood. If you refuse - you automaticly accept bigest fines there is for driving drunk.
Last edited by bemyguest; 10-31-2011 at 12:53 PM.