Absolute Poker Bad Beat gets cracked
MIAMI, Florida -- (PRESS RELEASE) -- Online poker players at Absolute Poker have a whole bunch of reasons to be thankful for EMILIE14's bad luck at the felt today after sharing in $807,543.95 when the 28 year-old resident from Orlando, Florida cracked the latest Bad Beat Jackpot.
EMILIE14 hit the jackpot today at 18:25 ET when he lost a hand of Texas Hold'em at Absolute Poker's Bad Beat Jackpot tables. Losing with a Jack-high Straight Flush to PEACE2UALL's Royal Flush, EMILIE14 immediately set off Absolute Poker's Bad Beat Jackpot bells to the tune of $807,543.95.
For his loss at the table, EMILIE14 secured $270,843.03. The winner of the hand left the table $132,904.14 richer and two other players who were seated in the hand each took home $2,678.25 in cash. 57 other players each pocketed $1,678.25 for no other reason than they happened to be playing at Bad Beat Jackpot Tables with the same stakes.
Bad Beat Jackpot games are traditional Texas Hold'em poker with an added jackpot component. $0.50 is collected from qualifying poker hands and placed into a constantly growing pot until someone hits the jackpot.
When an online poker player loses a hand with four 8s or anything better, 65% of the jackpot is divided among Bad Beat Jackpot players with a large portion of the remaining pot held over for the next jackpot. All players seated at a Bad Beat Jackpot table featuring the same limit and game type as where the bad beat occurred also win a piece of the jackpot.
Sky-high Bad Beat Jackpots aren't uncommon at either of the CEREUS Poker Network's online poker sites--players at UltimateBet and Absolute Poker have both witnessed a number of monster jackpots near the million-dollar mark--but with CEREUS, Texas Hold'em players can keep on looking forward to much larger jackpots, more often.
Full details on the Bad Beat Jackpot game can be found at absolutepoker.com and ultimatebet.com.