Bad beat skyrockets at Absolute Poker and UltimateBet
MIAMI, Florida -- (PRESS RELEASE) -- Something big is in the air at Absolute Poker and UltimateBet this week. The leading online poker sites today announced that their Bad Beat Jackpot has climbed to over $500,000 and online poker players are flocking to both sites in hopes of striking it rich.
"Another life-changing jackpot is about to be hit at the online poker tables," stated Annie Duke, UltimateBet's Cardroom Consultant. "One lucky Texas Hold'em player is about to win in a day what most people make working several years. It's unbelievable."
At the half a million mark, the loser of the Bad Beat Jackpot hand would stand to take home $162,000. The winner of the hand would walk away with $81,000 and an additional $81,000 would be shared among the players seated at the table where the bad beat occurred and those seated at tables with the same stakes. As the Bad Beat Jackpot grows, those numbers rise with it.
Observing the live chat at Absolute Poker and UltimateBet's Bad Beat Jackpot tables reveals what online poker players intend to do with the money if they pop the jackpot. Paying off the mortgage, buying a dream car, putting the kids through college, taking a trip around the world, and buying a vacation property round out the list of the top five things online poker players would spend their riches on.
Bad Beat Jackpot is just like traditional Texas Hold'em poker with an added jackpot component. In addition, $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 eights or anything better while seated at a Bad Beat Jackpot table, 65% of the jackpot is divided among Bad Beat Jackpot players including those seated at a Bad Beat Jackpot table featuring the same limit and game type as where the bad beat occurred.
Complete details on Absolute Poker and UltimateBet's Bad Beat Jackpot offerings can be found at absolutepoker.com and ultimatebet.com.