Russ Hamilton Admits to Cheating - New Tape 2013

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on May 13, 2013

Russ Hamilton (Ex Ultimate Bet Exec) admits to cheating in a meeting that was secretly recorded. Reports are that it was in fact Hamilton who recorded the meeting in order to protect himself from being thrown under the bus. This clip is a 10 minute version of the nearly 3 hour long meeting. In it Russ can be heard admitting to taking money from players, and is insistent that he does not want to "make this right". 2:55--Russ Hamilton: "Annie Duke regularly used [God mode software] on a 15 minute delay" 5:07--Russ Hamilton: "I did take this money & I'm not trying to make it right ... so let's get that out of the way" 6:30--Russ Hamilton claims he spread his ill-gotten gains to high stakes players: "Freddy Deeb got the most cash." 8:20--Russ Hamilton justifies his fraud by claiming he used it to pump up UB: "I spent a lot of this money on [UB promotions]." 8:30 to end : UB exec suggests some of Russ Hamilton's cheating was "sanctioned" by mgmt. to help UB survive a financially difficult period. 9:00 to end: UB exec suggest shifting blame/liability for fraud to Excapsa

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