Cereus Poker Network - UltimateBet

UltimateBet

Founded in 2001, UltimateBet is licensed by the Kahnawake Gaming Commission..

Once a year, UltimateBet hosts a live tournament, the Aruba Poker Classic, which was a World Poker Tour event for the first four seasons of the show. In 2005, Freddy Deeb won the event, claiming the $1,000,000 prize. Prior winners were Eric Brenes in 2004, Erick Lindgren in 2003, and Juha Helppi in 2002. The tournament in 2008 is a $5,000 buy in event with a guaranteed $1 million top prize. Spokespeople for UltimateBet have included professional poker players Phil Hellmuth and Annie Duke, as well as actress-turned-poker player Tiffany Michelle.

Like other online poker rooms, UltimateBet also offers a .net play-money-only cardroom.

UltimateBet offers Texas hold 'em, Omaha high and high low, seven card stud high and high low. Mixed games tables are also offered (HO, HOSE, HORSE).

Prior to the passage of the Unlawful Internet Gambling Enforcement Act of 2006, the software parent company of the cardroom, Excapsa Software was traded on the London Stock Exchange as XCP.L. In October 2006, the company announced it was selling its assets to a private company and moving to delist itself from the stock exchange. The legality of the deal was immediately questioned because most of the payment would take place after the act became law.

The company sponsors the poker television series Poker2Nite, hosted by professional poker player Joe Sebok and radio host Scott Huff.

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