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UltimateBet Signs Prahlad Friedman to Team UltimateBet

Team UltimateBet sponsors some of the poker world’s finest players to represent their brand and compete in both online and offline events. Now, with their decision to sign Prahlad Friedman, a professional competitor with serious talent, they’ve managed to add yet another asset to their world renowned team.

Friedman has long been considered an impossible player to sign, refusing to accept sponsorship from any of the major teams throughout his career to date. Now, however, the 32 year old pro has been locked down by UltimateBet and agreed to act as one of the popular website’s representatives. Prahlad Friedman is certainly no rookie and has been active in the professional poker scene for many years. His most notable accomplishments include a WPT Legends of Poker title, a WSOP bracelet and millions of dollars in collected winnings. Friedman is also well known for his aggressiveness at high-stakes tables and apparent fearlessness in playing even the most expensive hands.

Considering that Team UltimateBet recently lost two of their most recognizable (and successful) members — Annie Duke and Phil Hellmuth —their signing of Prahlad Friedman comes just in time. They plan to celebrate their good fortune by running several (currently unannounced) promotions that feature Friedman in some manner. UltimateBet members that want to try their luck against Friedman now can make use of the site’s UltimateBuddy feature to track him down while he’s active at the tables.

Absolute Poker and UltimateBet Overhaul Tournament Leaderboards

Two of the online poker industry’s most popular sites, AbsolutePoker.com and UltimateBet.com, have just launched new and improved versions of their tournament leaderboard systems. The redesigned leaderboards have been overhauled in order to make payout and reward scales distribute more evenly over the entire year, giving all types of poker players more chances at taking home substantial prizes.

Both Absolute Poker and UltimateBet, sites belonging to the Cereus Network, have launched their new leaderboards in an effort to draw players in for an exciting 2011. Weekly, monthly and yearly competitions have been revamped so that payout structuring is more frequent and evenly distributed. The Multi-Table Tournament (MTT) Leaderboard competition found at both sites is the beneficiary of some of the most substantial changes. Monthly MTT leaders will now compete over a $15,000 prize pool each month with the top spot earning $5,000. The best overall player of the year at both Absolute Poker and UltimateBet will receive entry to the World Series of Poker and $10,000 in cash while the runner-up also earns a seat and $5,000. Aside from these differences, Absolute and UltimateBet have bulked up their leaderboard-based freeroll offerings and added additional cash prizes as well.

The new leaderboard system provides online poker players with a great excuse to sign up and log onto Absolute Poker or UltimateBet and should help to keep both sites viable in a crowded, highly competitive industry. The new tournament leaderboards are live now.

New Security Measure Support is Added to Absolute Poker and UB.com

Players want to know that their bankroll is secure and most online gambling networks work hard to let their members play with confidence in their protection. Absolute Poker and UB.com are two of the latest sites to increase their security by adding extra layers of privacy maintenance and user authentication measures to their platforms.

Absolute Poker and UB.com are now giving their users access to Security Token, an electronic device that can be activated and linked to an account for greater security. The Security Token makes it necessary for players to login with their password and also have the device itself on hand before being able to access their accounts. Even if a password is compromised, the Token is able to safeguard funds while a solution is enacted. With this extra layer of security in place, private information and bankrolls are as safe as currently possible: the Security Token utilizes the same technology that banks and similar institutions rely on.

The Security Token is an essential item for serious poker players with large amounts of cash kept in their online bankrolls and Absolute Poker and UB.com’s decisions to implement this protection measure is a great way to ease the minds of their high rollers. Interested online gamers can purchase the Security Token through both of these site’s reward stores and activate them in conjunction with the newly available SecureID PIN system.

Ultimate Bet Provides an Unlucky Member with Massive Bad Beat Jackpot Prize

A bad beat ruins even the best session at the tables, online or off. Ultimate Bet has always tried to make up for instances of extraordinary bad luck by rewarding certain players through its Bad Beat Jackpot, a promotion that provides a great cash prize for site members who have suffered noteworthy losses.

Ultimate Bet’s most recent Bad Beat Jackpot recipient was a Canadian player competing under the name, “RUNRAGGED”. RUNRAGGED was awarded more than $100,000 after he was struck by extreme bad luck last Wednesday, 3rd November. Seated at a game of $0.25/$0.50 no-limit hold ‘em, RUNRAGGED was taken down with quad nines by four Queens. Ultimate Bet took note of his bad beat and RUNRAGGED was eventually awarded a total of $100,956. The 838 other Ultimate Bet members playing at the same stakes level as RUNRAGGED were also given a part of the bad beat haul, taking home $61 just for having the good luck to be playing when they were. The seven other competitors at RUNRAGGED’s table were given $1,000 as well.

RUNRAGGED is sure to get over his bad beat a lot faster with the help of over $100,000 In cash from Ultimate Bet. To date the online poker company has awarded roughly $60 million over the past three years through its Bad Beat Jackpot promotions. Ultimate Bet revealed that its most recent Bad Beat Jackpot had a total jackpot of $201,047.

UltimateBet’s Ultimate Bet Online Championship 5 a Massive Success

Online poker site UltimateBet recently wrapped up the fifth edition of its UltimateBet Online Championship (UBOC), the second UBOC of 2010, and is now providing details of just how successful its most recent series was. With millions of dollars in prizes awarded and an enormous swell in site traffic noted, UBOC5 is being regarded by the poker network as a great payoff to its risky decision to host two series in a single year.

UBOC5 saw UltimateBet members playing for generous cash prizes across twelve days of fierce competition. UltimateBet has revealed that, throughout the series, over four million dollars in prize money was awarded to event winners and that the series saw some 8,712 members entered into the series. UBOC5 consisted of 20 guaranteed events in which 911 participants took home a portion of the $3,912,260.00 prize pool. 416 other entrants cashed on the $100,000 of extra, promotional prize money available through single event satellites and pro bounties.

The UltimateBet Online Championship 5 kicked off on 18th August and finished eleven days later with a climatic, one million dollar prize pool main event ($1,050 buy-in no-limit hold ‘em) hosted by celebrity pro, Phil Hellmuth. UltimateBet told press that it was delighted to see such enthusiasm displayed for the trial run of what could very well become a bi-annual series.

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UltimateBet Comes Under Fire with New Poker Controversy

UltimateBet has been forced to deal with yet another online poker controversy after a questionable hand was awarded to losing player, Phil Hellmuth. The internet gaming giant is now attempting to rectify the issue without garnering any further negative attention from the press.

Popular poker forum, 2+2, has been dealing with the controversy for some time now and subsequently forcing an examination into the matter. The scandal surrounds a showdown between
Hellmuth and an UltimateBet member with the handle, Doubleballer. At the end of a tense game between the two competitors, Hellmuth mucked his hand, ending the game but still receiving the $5,599 pot.

Hand #1162170993 has become infamous in highlighting a glitch in the UltimateBet software, sparking complaint and concern from regular players at the site who are now afraid to enter into large games where their winnings may go unaccounted for. Management at UltimateBet have blamed a recent software upgrade to the Cereus operating system which could be responsible for the problem (and be a reason for worry at Absolute Poker, Cereus’ other main client).

It’s a bad time indeed for UltimateBet to be rocked by another scandal considering the controversy the site was forced to field in previous exposés by MSNBC and the topical American news program, “60 Minutes”. Corporate spokespeople have assured the public that Doubleballer will be funded his rightful winnings and that the technical glitch will be addressed as soon as possible.