UB and AP form a "new" site CEREUS

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UB and AP form a "new" site CEREUS Empty UB and AP form a "new" site CEREUS

Post  kkravec on Fri Jul 25, 2008 10:22 am

The third largest online poker network in the world was formed on Thursday, with UltimateBet and Absolute Poker combining user bases and features to launch CEREUS. The move came after more than a year of development by executives at the two online poker rooms, which are owned by the same company. Poker sites around the world will be getting a run for their money in August, when CEREUS is expected to launch and quickly be a force in the marketplace. Coming off a pair of scandals involving these two online poker rooms, it is welcome news. We’ll break down what we know about CEREUS and give you a time line of when more news is expected to be released.

On Thursday, the parent company of Absolute Poker and UltimateBet issued a press release to every single member of their rolodexes. In it, AP and UB Chief Operating Officer Paul Leggett claimed, “I’m confident that Absolute Poker and UltimateBet customers will be thrilled by the new platform and we look forward to welcoming many new players from around the world.” The formation of CEREUS means that you’ll begin to see considerably larger player fields right away on both UB and Absolute Poker, as customers from these two online poker rooms will immediately be sent head to head against one another. I would also speculate that there will be a larger weekly guarantee than the $150K offered on Absolute Poker and $200K on UltimateBet.

Chipleader Vice President of Affiliates, John Adams, was looking forward to the change from a business perspective in comments sent to PocketFives: “CEREUS not only delivers the best online poker experience, but it enables our company to improve our operations and deliver significantly better value, service and security to our customers and affiliates.” As I glimpse into Poker Scout now, UltimateBet is the eighth busiest online poker site. Absolute Poker is just behind it in 11th place. Combined, CEREUS will become the third largest online poker network.

Leggert added, “Our goal is to provide poker players with the ultimate online experience. The launch of CEREUS is a major step for us in achieving our goal and we look forward to making many more exciting announcements very soon.” A full tournament schedule, promotional rundown, and effects on the look and feel of AP and UB are not yet known. More information is expected on Friday, when details concerning the immediate impact on Absolute and UltimateBet should be distributed.

The two online poker rooms have been the focus of a maelstrom of controversy in recent months. Most recently, a cheating scandal was unearthed on UltimateBet involving the former owners of the company, who used a piece of accounting software to be able to view the hole cards of players. UltimateBet and the Kahnawake Gaming Commission (KGC) have led the charge to investigate the actions leading up to January’s revelation that several user accounts, including NioNio, were experiencing astronomically high return on investments. The figure was several standard deviations above the mean, causing posters on online poker forums like PocketFives.com to question the action. UB and the KGC have since refunded money to players who were affected and removed the vulnerability from UB’s servers.

The online poker industry’s main lobbying group, the Poker Players Alliance, has itself recently gotten involved in the scandal, issuing a statement this week targeting UB and Absolute Poker’s oversight body: “We urge these companies and their regulating authority, the Kahnawake Gaming Commission, to provide a full and transparent accounting of these breaches of the public trust to help lift the black cloud that has been placed over the industry.” The statement, which was authored by PPA Chairman Alfonse D’Amato, also lashed out at lawmakers in Washington, D.C.: “The attempt to enforce an outright prohibition of online poker is deeply flawed and unworkable, not to mention it invades upon the personal freedoms of law-abiding adults who wish to engage in a game of skill.”

James P0KERPR033 Campbell, who is the newest Star Player at UltimateBet, commented, “Whenever you merge two companies, you’re going to get more numbers. Both sites are going to get a lot larger.” Information released to the public and also available on UB’s website maintains that each of the online poker rooms will retain “the unique assets that make [them] the ultimate poker experiences.”

We’ll have all of the latest news about the launch of CEREUS right here on PocketFives.com. We’re expecting to have Leggert on next week’s edition of the PocketFives.com Podcast. Stay tuned for details.


http://www.ultimatebet.com/cereus
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Post  kkravec on Fri Jul 25, 2008 10:24 am

After the all the aftermath of both sites, is anyone on here willing to play there? I'm not sure how I feel about it but two black eyes for the online poker community now forming the 3rd largest site and merging all their players together. Thoughts?
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Post  dexman1349 on Fri Jul 25, 2008 11:18 am

I'm curious to see what they do for players who have accounts with both. And also for duplicate log-in names. You may be "Acesfull" on one site, but that name was already taken on the other by a different person.

It's good to see that they are being proactive in their attempts to re-build in light of the recent scandals. But like kkravec said, I'm not sure if combining two controversial sites to make the 3rd largest is a good thing.
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Post  Mondogarage on Fri Jul 25, 2008 11:29 am

The best part is from the press release on Yahoo:

"Today, the management of both Absolute Poker and UltimateBet announced the upcoming launch of CEREUS: a new poker platform that will integrate the customers and features from both poker rooms, instantly making CEREUS the third largest online poker network. "

Bring your own superuser, woohoo!

There is a zero percent chance I ever download that cheating pantload of crap.
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Post  idh78 on Fri Jul 25, 2008 8:36 pm

this ought to make the online poker joke a reality
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Post  ak1971 on Fri Jul 25, 2008 11:12 pm

Why would anyone even think of playing on UB or AP? Bunch of horseshit. I guess they are signing all these long time internet pros to try and make themselves legit. Wonder if Hellmuth and Duke get a take of the cheating.
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Post  Stallion on Mon Jul 28, 2008 11:41 am

Mondogarage wrote:The best part is from the press release on Yahoo:

"Today, the management of both Absolute Poker and UltimateBet announced the upcoming launch of CEREUS: a new poker platform that will integrate the customers and features from both poker rooms, instantly making CEREUS the third largest online poker network. "

Bring your own superuser, woohoo!

There is a zero percent chance I ever download that cheating pantload of crap.

This about sums up my feelings on the subject. Bunch of crooks.
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Post  PoWdA on Mon Jul 28, 2008 12:43 pm

In reality any cheating or questionable play is only happening at high stakes. I am not sure how much this would effect this crowd. I am sure the the low limits will be nice and juicy and I would highly doubt any cheating until you hit at least 5/10NL, probobly higher.
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Post  Mondogarage on Mon Jul 28, 2008 1:33 pm

That is certainly most likely correct, but as a strictly tournament player, I don't see why tourneys wouldn't (or couldn't) have been affected. But more than that, it's a matter of principle.

I know, I know, principles are something anathema to most poker players. But imho, anyone who is not 1000% ignorant of what happened at UP and AP who willingly continues to deposit and play on there after the fact, is casting an implicit vote that cheating is okay. Obviously, there are probably still a fairly large number of online players who don't know of the scandal -- but anyone who reads P5s, or 2+2, or PokerNews, or just about anything online poker related, can't really claim ignorance of the scandal with a straight face.

I've even turned down advertising on my blog from those folks (payment would have been in funds deposited in an Absolute Fraud account).

In an environment where there are viable alternatives to playing those sites (FTP, PS, Bodog, Cake), there is no justifiable reason for anyone to continue to play there that does not include that player's tacit support of cheating in online poker. And justifying it based on the existence of lots of fish, or juicy games at low limits, does not alter that.
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Post  PoWdA on Mon Jul 28, 2008 3:55 pm

Mondogarage wrote:

In an environment where there are viable alternatives to playing those sites (FTP, PS, Bodog, Cake), there is no justifiable reason for anyone to continue to play there that does not include that player's tacit support of cheating in online poker. And justifying it based on the existence of lots of fish, or juicy games at low limits, does not alter that.

My main consideration is the fresh flow of new blood to the Triple Draw tables. I am pretty sure Absolute does not have TD and am positive UB does and I am assuming CEREUS will. If that is the case I can only imagine the flow of players out there ready to try these new games at which point I just might be forced to step in and take their money. Other than that I really see no reason to play on any of the 3 sites but UB is one of few sites that spread my favorite game.
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Post  PoWdA on Mon Jul 28, 2008 4:00 pm

Also I am not saying I am going to play on the site, I most likley will not, but there are a few more things to consider than some high stakes cheaters before I count out the site. If I did play on the site I would not deposit more than around $100 and would quit at any signs of fishyness. Were there any talks of new security features these sites will have in place or are they just going to play dumb, create a new site, not say a word, and hope they can wrangle in every online player in the world that doesn't know of the 2 sites pasts?
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Post  Mondogarage on Mon Jul 28, 2008 6:33 pm

Well, I think they're claiming they've already fixed the issues.

But then, there's no basis on which to believe them, as it went on unchecked for quite a while until the 2+2 sleuths sniffed it out.
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