October 09, 2006
Poker Security: "The Integrity of a color-up transaction
An extra "$2 million" or 2 million chips found their way into play over the course of the 2006 World Series of Poker in August. The Freakonomics Blog points to the story of two journalists who were able to track down what happened. Read the third installment of their series to learn what happened and why a transaction called a "color-up" introduces the potential for fraud in this fast growing er, activity.
Time will tell if this incident will taint tournament poker, provide incentive for new policy, or force all the players to forgo their rest breaks.Posted by Abner on October 9, 2006 08:58 PM