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Old 07-25-2007, 12:23 AM
Quicksilvre Quicksilvre is offline
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Join Date: Jul 2005
Location: Clinging to the binomial theorem like a drunk to a lamppost
Posts: 3,482
Default Re: PPA should disassociate itself from scandal ridden CEO Poker tour

[ QUOTE ]
Mr. Shackleford,

Thank you for running the Wizard of Odds site; I've enjoyed it quite a
bit ever since I've discovered it. I realize that you mostly concentrate
on games played against the house, but there is a situation concerning
live poker tournaments hosted by the CEO Poker Tour that I hoped to bring
to your attention, so you may warn your site's patrons (which I've
noticed you do in the past).

Over the last several months the CEO Poker Tour (http://www.ceopokertour.com/) have hosted tournaments at the Trump Taj Mahal in Atlantic City, the Venetian in LV, and one or two other locations. At all of these tournaments, the vig charged was rather extreme--around 15-20%, on average. It is virtually impossible for even the best players to come out on top in the long run.
Worse, there is reason to believe that the CEOPT altered its the
documents that explained the tournament fees at the last moment--or even
after the tournament ended--in order to increase its profits.

Members of the Two Plus Two internet forum have looked into this matter,
and representatives from the CEOPT have declined to answer most of the
questions the forum members have asked them. The CEOPT reps have also
made false accounts to spam the board with false, positive accounts of
CEOPT tournaments.

These are the 2+2 threads in question:

http://forumserver.twoplustwo.com/showfl...part=1&vc=1 (I apologize for all that reading)

Here are the payout reports from PokerPages, in case you didn't believe
the 20% vig figure:

http://www.pokerpages.com/tournament/maj...nament+Database
I hope you look into this soon and warn those who visit your site.

Sincerely,

Daniel

[/ QUOTE ]

Not as big a deal as contacting the Gaming Board, but since the Wizard of Odds gets a large number of casual gamers, I'd figure I'd do my part to raise a red flag to him so he can raise the red flag on his site.
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