My approach to online play was to make a very small deposit, then play the bottom feeder SnGs, etc to gradually build up a bankroll; then move up based on bankroll, being very conservative and always playing well within my bankroll, so I could absorb losing streaks. That's worked pretty well, I have been able to cash out a lot more than I ever deposited. While I would hate to lose what I have in my UB account now, even if I lost it all tomorrow, I would still have a very nice profit/ROI on my original investment. So my continuing to play on UB is kind of a 'no lose' situation.
While individuals at UB were caught cheating, the issue of the sites sytematically cheating players has never been adequately addressed, not at UB and not at other sites. "Start Your Own Casino" actually advertised casino software that would allow the casino operator to 'adjust the RNG' to set their profit margin at whatever level they desired, guaranteed that you 'wouldn't wake up finding you owed a player $20,000', and that you could 'take money back from players who won too much'. I don't think any online site can be trusted.
Also the issue that cheating may have occurred in UB blackjack tournaments has not even been looked into. Remember that Russ won a trip to a UBT bj tournament in St. Kitts, by playing in a UB online bj tournament. Talk about an awesome conflict of interest, at least. Maybe he could see the dealer's hole card? Other player's down cards?
But what we are talking about here would be a private tournament, restricted to BJT.com members, by invite. We would be playing against each other, and any play outside of that would be up to the individual player. Also, would assume would be for moderate stakes? So cheating not likely to be an issue, unless you suspect some bjt members of having that capability and intent.
But I would be willing to find a way to deposit to another site for this, have been seriously thinking of setting up a pokerstars or fulltilt account anyway, so I could do more poker.