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12/32/09 - GTech G2's International Poker Network members had the excitement and reward of a major badbeat jackpot hit this week when a player's Quad Kings lost to a Royal Flush, triggering a badbeat award totalling almost Euro 355 000.
IPN player 72osROCKS!, the loser of the hand but winner of the Bad Beat Jackpot, received Euro 177 500. Hand winner Nogis22 picked up an extra Euro 88 750 and the other three players at the table each won Euro 29 583.
"I was pretty excited when I found myself holding four Kings," said the winner/loser. "My heart sank when I saw my opponent's Royal Flush – but that changed quickly when I remembered I was playing at a Bad Beat table!"
The Bad Beat Jackpot was created to help ease the frustration of losing even when you're dealt great cards. With a jackpot requirement starting at Quad 6s, the IPN's Bad Beat Jackpot is easier to win than most.
To qualify for the Bad Beat at IPN poker rooms, players must be at a designated Bad Beat table and use both pocket cards in their winning or losing hand. The losing hand must be four-of-a-kind sixes or better. Four or more players must be dealt into the hand.
The big badbeat award comes at the end of a successful year for the IPN, which recently celebrated its 3 000 000th player and dealt its billionth hand last year
B3W's white label poker growing -
02/03/2012 : Online poker software developer B3W's venture into the white label poker market with an all-inclusive product has paid dividends, according to the company, which this week reported that in six months four fully integrated poker rooms had been signed up for its Poker Pack Network.
Betfair public affairs manager speaks out for regulated online gambling -
02/03/2012 : Tom Tuxworth, public affairs manager for the listed British online betting group Betfair, told a South African parliamentary portfolio committee studying the possible legalisation of online gambling that prohibition only drives would-be internet punters to offshore and unregulated websites.
Suzan Smith, problem gambler blows 400k of bosses money -
02/03/2012 : A compulsive online gambler who stole almost GBP 400 000 from her employer was sent to jail in Norfolk, UK this week after a judge criticised her for stealing not only the money but a part of a decent man's life.
NEW IPAD APP FROM BETFAIR -
02/03/2012 : Betfair plc launched its next generation iPad App into the Apple store Friday, announcing that the bespoke native application is a marked enhancement from previous products and is the first to come out of Betfair’s development office in San Francisco
Boxing behind Betfair's latest sponsorship -
02/03/2012 : Betfair is the newest title sponsor of the Matchroom Sport Prizefighter series in a partnership deal that will deliver the online betting exchange branding rights across the ring and provide its customers with expert analysis and in-depth fighter interviews.
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