BetOnline Poker Room Shut Down Amid Alleged Online Poker Cheating!

I have just gotten word that the sports book BetOnline has ceased operations of its online poker room. I do not know if this will be permanent but it is big news and probably is the harbinger for another major online poker cheat scam. This closure of an online poker room that accepts US players will have some effect on that market. The reasons I am getting are that some pro online poker players have been cheating via collusion scams and that other players are having problmes withdrawing their funds. I am sure more on this will come!

My take: Well, I won't say "I told you so" but I told you so!