Okay so this man from Denver managed to think of a way of playing online poker with a real deck of cards, what he does basically is to take real cards, mix them with an automated machine that is going to send each card to a computer that will send over the internet the information.
His press release claims that he put together $1.1M in order to start this new poker room, where no one will cheat. I personally think that this idea is even worse than a computer algorithm, since it’s going to be easier to cheat this way. Just think about the number of offline poker games where people cheat by using different methods.
Gioia would unwind by playing poker online in his hotel room at night. But that was very different from sitting at a table with other players and handling real cards.
For example, his three-of-a-kind and full-house hands frequently got topped.
“I even got beat with a straight flush by a higher straight flush — things I’d never seen at a real table,” Gioia said.
Audit trails and checking the integrity of things are in his blood. Gioia thought about starting his own poker site, where players could verify the authenticity of the deal.
His business idea was dormant for several years, until his daughter pointed out a 2006 newspaper article about online gambling that highlighted the financial success of a popular poker site.
She whacked Gioia with the paper and told him: “You should’ve done this,” he said.
And so he started Gioia Systems LLC. His biggest challenge was how to differentiate his site from the fast-growing number of popular Internet poker sites.
“The answer was almost instantaneous: Play with a real deck of cards,” he said.
Gioia turned to his brother, Andy Gioia, who worked for a company that made high-speed printers. They configured a machine they call the “Real Deal” to shuffle and deal cards continuously. It has the ability to transmit the results to computer servers that can manage hundreds of games simultaneously, Gioia said.
The system stores information about every hand dealt and makes it available for later audit should players want it.
That could be a big draw when tens of thousands of dollars are at stake, as they often are in online poker tournaments, Gioia said.
Gioia assembled $1.1 million in investment from friends and family and built his company, which employs five people.
Gioia Systems plans to launch a demonstration site, www.realdealpoker.com, in a month, hosting games for no money.
By attracting players, Gioia hopes to secure an angel investment and fund a full-fledged poker site on servers in the British Channel island of Alderney, the host of many international online gaming website servers.
He hopes to have the poker website hosting real wager games and drawing revenue this year.
Here is his press release if you would like to read more about his idea: http://denver.bizjournals.com/denver/stories/2008/09/15/smallb1.html?b=1221451200%5E1698594
Over some forums I saw that some people are saying that hiring live dealers would change this, but it’s not true since if there’s going to be people and money involved, there will be cheaters.
The only way to solve this problem, is by making one big organization that is going to be 100% trustful. that is going to offer the cards to poker rooms, this way no one would ever say that the online poker rooms are cheating their players.
It’s a very controversial subject. In case you would like to cheat a poker room, we do have on our website a guide on how to cheat online poker room, that we are offering for free. Just go to http://www.FullPokerReviews.com
