Re: Variance: I still play at AP
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As you say, the chances of you personally being cheated at $10 tournaments are pretty low . . . however, the main reason why you wouldn't want to do this is in case there is a 'run' on AP, i.e. lots of people start withdrawing money because of the scandal, as more people withdraw, more and more people hear about it, lose confidence in AP and start withdrawing themselves . . . AP see all the money leaving, decide to pull the plug and freeze all withdrawals - bye bye bankroll.
Also, there's something a bit retarded about being the type of consumer who continues to do business with a company that you know is corrupt.
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Good points, but...
There hasn't been any noticable change in traffic even though teh story made front page headlines. Most players are probably blissfully unaware.
Also, I'm not convinced that the "company" is corrupt just because one or two executives cheated some customers. Even at a company with prolific internal scandals, i.e. Enron, most employees have decent ethics and thought everything was on the up and up. I doubt AP's scandal goes beyond the 2 employees/officials, but I may reconsider if the investigation comes back differently.
I'm sure there are 1 or 2 employees at each competitors' site who would cheat, if they could. It doesn't make the whole company bad. Cheating will always be one of the biggest issues with online poker and it is vigilant players like those in the 2+2 community that keep both players and companies honest.
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