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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.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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