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2 Huge Badbeat jackpots Paid Out

The weekend saw over $2 million paid out in online poker badbeat jackpots at just two networks, Merge and Cereus.
 
On Saturday the Merge network reported that its $1.2 million bad beat jackpot had been won the night before, distributing $417 396 to player Ruggio and $208 698 to a Chicago student working his way through college and playing on the using handle Aelani. Seven players took money away from the pot, which has since been re-generated and is now at over $250 000. The big win took place at the Carbon Poker.com site.
 Pokerstars
The Merge badbeat jackpot was introduced in mid-2008, and this is the first occasion on which it has been won. Carbon Poker spokesperson Jay Manning, who revealed that the distribution awarded 35 percent to the biggest loser, 17.5 percent to the winner of the hand, and 17.5 percent among the other players in the hand. The Merge Gaming Network takes 10 percent, and the remaining 20 percent is used to re-seed a fresh jackpot.
 
At Merge, the jackpot is won when four sevens and beaten by a superior hand, with both the winning and losing hands using both players’ hole cards. If the hand is four of a kind, a player must hold a pocket pair. At least four players must have received cards in the hand, which must have contributed 50 cents or more in rake. The hand has to reach showdown with at least two players.
 
Over at the Cereus online Poker network, Absolute Poker.com was the scene for the award of a more than $813 000 bad beat jackpot - the latest in a series of major bad beats paid out on the network.
 
A 65-year-old online poker player from Pennsylvania using the nickname HDCowboy enjoyed the best loss in his poker career, picking up the 'winners' $264 419 just before Valentine's Day when he lost a Texas Hold'Em hand, with 4 eights to the quad Kings of opposing player RangerXBob, who picked up $132 996. Five other players at the virtual table each received $1,083 in cash. Absolute Poker generously capped the night's largesse by presenting 1 028 other players at the Badbeat Jackpot tables with almost $83 apiece.
 
Bad Beat Jackpot games are traditional Texas Hold'em poker with an added jackpot component. 50 cents is collected from qualifying poker hands and placed into a progressively increasing pot until a table meets the required criteria for the award and the jackpot is paid out. At Absolute, the criteria is when a player loses a hand with four 8s or anything better.



Gambling News :

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

122 Punta Cana Poker Classic prize packages - Twenty seven down — 95 more to go. We’re guaranteeing 122 Punta Cana Poker Classic prize packages and 27 are already spoken for. This Sunday night we’ve got 7 more on the line:

Huge Caribbean Hold’Em hit at Bovada Casino - A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.

Halloween Slot Deal For Microgaming - He’s coming back! Microgaming signs licensing deal for horror classic Halloween

New PartyPoker Pro Richard Dubini - A regular player in the Latin American live circuit, Dubini will travel alongside partypoker ambassador Joao Simao to gain feedback from players about partypoker to help optimise both live and online poker for the local players.

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