Poker's Justin Smith, Edwin Ting to plead Guilty in Illegal Gambling Ring

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Poker pros Justin "Boosted J" Smith and Edwin Ting were two of the more high-profile people indicted in a massive gambling ring back in April. And now both men are expected to take plea deals in exchange for reduced sentences.

The New York Daily News reports that Smith will plead guilty to accepting payment for internet gambling. Ting will admit wrongdoing on charges of operating an illegal gambling business. Now both face a maximum sentence of five years in prison, and they'll return to court in September to learn their fate.

Smith first made his mark on the poker world by finishing third in the Bellagio Cup V tournament ($464,870). The following year, he finished second in the Bellagio Cup VI tourney ($594,755) and won the 2010 WPT London High Roller ($219,131). In all he's tallied $2,149,387 in live tournaments, but has spent more time in high stakes online poker games recently.

Ting doesn't boast quite the impressive live tournament resume that Smith does. However, he's a standout high stakes poker player and has made quite a bit of money from the game.

As for the illegal gambling ring they were involved in, it ran from coast to coast in the United States. Authorities believe that most of the profits went to fund Russian mob operations.

There are allegedly 34 people who had a part in running the ring. A good portion of them were poker players with John Hanson, Abe Mosseri, Bill Edler, Peter Feldman and Vadim Trincher all receiving indictments. Initially, part of the poker community believed that these players were unjustly targeted by the US Department of Justice. But with the impending guilty pleas by Smith and Ting, this doesn't appear to just be some US DOJ witch hunt.