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Poker badbeat Jackpot Over 1 Million Dollars
Posted 3/1/11 : A million dollars for a bad hand can't be....well, bad!
A record badbeat bonus is being claimed by online poker site UB.com on the Cereus Network, where the numbers have gone over a million dollars and counting.
Joe Sebok, one of the network pros, blogged this week: “It’s an insane amount of money with our Bad Beat Jackpot hitting a million bucks, and a few people are going to make a lot of money in an instant. It's getting to the point where there just isn't anything sensible to say. We are pumped to be in this position, to set this record, and to make some of our players very, very happy."
The loser in a bad beat hand carrying a million dollar bonus would take home around $325 000, whilst the winner of the hand would pick up a check for $162 500. Other players in action at the bad beat table when the bonus hit would collect $1 000 apiece, Sebok explained. Finally, another $162 500 (less the $1 000 to each of the players at the bad beat table) is distributed amongst all players at tables playing the same game type and stakes.
The last time the BBJ reached these levels was two years ago, when on June 8th a player from Pasadena lost a Texas Hold'em hand whilst the jackpot stood at $996 115. He took home an impressive $320 000...for losing!
Players elect to play at a bad beat jackpot table for a small additional charge, hoping that if they lose a hand it will be with quad eights or anything higher, thus qualifying for the bonus.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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