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$32 MILLION PAID OUT IN BADBEAT JACKPOTS

Sometimes it pays to lose, notably when the poker player is in action online at a badbeat jackpot table. The advantages of losing were illustrated this week when the Cereus Poker Network, home to Tokwiro Enterprises' online poker sites Absolute Poker and UltimateBet revealed that over $32 million in badbeat jackpots have been paid out since the system was introduced in 2007.
 
15 002 players took advantage of the offer to play at badbeat jackpot tables, with the latest loser who won $132 888.80 listed as "Hiplo"....lucky enough to be unlucky at the end of January by losing a hand of Texas Hold 'Em holding four nines whilst playing at Absolute Poker.
 Pokerstars
Bad Beat Jackpot is like regular Texas Hold'em but with a slight twist. When seated at a Bad Beat Jackpot table, if a player loses a hand holding four 8s or anything better, they'll win a large piece of the Bad Beat Jackpot.
 
To help the jackpot build, 50 cents is collected from qualifying hands at Bad Beat Jackpot tables. The jackpot keeps growing until someone hits a qualifying bad beat, at which time a large percentage of it is distributed amongst the bad beat victim and the participants in the online poker hand. The next player to lose a hand holding four 8s or anything better will win a large piece of the new jackpot. The participants in the bad beat hand also share in the jackpot.
 
Absolute Poker introduced Bad Beat Jackpot to its lineup of online poker games on June 22nd, 2007. UltimateBet followed with its own offering just a few months later.The Bad Beat Jackpot data released this week by Cereus reveals the following numbers:
 
* $32 665 751.03- The total value of Bad Beat Jackpot payouts at both Absolute Poker and UltimateBet
 
* $1 605 573.30 - The total Bad Beat Jackpot winnings handed out so far in 2009
 
* $ 16 435 623.88 - The amount of money handed out to the recipients of bad beats
 
* $ 8 272 211.92 - The amount of money won by hand winners of qualifying bad beats
 
* $ 7 957 915.23 - The amount of Bad Beat Jackpot money shared by players seated at the table where the bad beats occurred or at tables with the same stakes
 
* $325 212.40 - The single highest Bad Beat Jackpot payout to a single player on the Cereus poker network
 
* 15 002 - The total number of players paid at both online poker sites to date



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$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

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PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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