Are gambing sites like Full Tilt or Poker Stars paranoid about bot poker players? Like HFT quant bots?
Another interesting articles. I guess high frequency trading would be similar to poker gamblers on those sites we hear about. Some highlights and questions:
Full Tilt removed an unstated number of players, confiscated the funds in their accounts, and pledged to redistribute this money to players who’d lost to the bots. PokerStars took similar action with 10 accounts in July.
Poker sites are paranoid about their customers thinking there are bots on the site – either run by their customers or the site themselves. People running bots are convinced the sites use them too, though not necessarily to thrash the customers, but to always provide opposition to keep the games going.
The sites don’t like to discuss bots at all. In a customer email regarding the latest bot cull, Full Tilt stated “For a number of reasons, we are unable to provide additional information regarding this case, including the players involved and the game type where it occurred.”
http://www.theregister.co.uk/2010/11/12/poker_bot_confidential/?goback=.gde_1643397_member_34995971NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!