Posted 3/10/11 : This time Party Poker is the setting…
 
Another significant online poker bad beat has been won – with the losing player this time collecting over $479 000 on the Party Poker website.
 
The Germany-based player ‘Praetorianer’ saw his quad tens beaten by a royal flush held by opponent ‘rol007’ at a Party Poker.com $2/$4 table.
 
The player’s dismay at losing out on a $609 pot changed to delight when he realized that he had qualified for the resident bad beat jackpot and would be taking home more than his wildest dreams – a $479 000 check.
 
His opponent roI007 likewise was astonished to learn that he was picking up an additional bonus of $239 550 for beating Praetorianer, whilst seven other players at the virtual table each benefited by $34 221.
 
“After the river, I realised my opponent might have a better hand,” said ‘Praetorianer’. “I went all-in, he called right away and then everything happened really fast. The message appeared on the screen, I opened my account and had almost $500,000. I was shocked at first and then started jumping around. I was extremely happy.
 
“I love playing at the jackpot tables because it is a little like playing the lottery. If you play at higher stakes, the expected value is higher. I will continue playing on these tables from now on.”

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