Harrah's Philadelphia player wins $266,533 bad beat jackpot

(PRESS RELEASE) -- A certain Californian horse was not the only winner at the racetrack from this past weekend, Harrah’s Philadelphia Casino and Racetrack announced that at 9:45pm on 5/2, its Total Bad Beat Jackpot of $266,533 hit at one of its Texas Hold‘em Poker 1-2 No-Limit tables. In addition to the two main poker players embroiled in the hand, six other players received a payout of $11,105 simply for sitting at the table at the time of the hit. To date, Philadelphia’s home of the Bad Beat has paid out over $2,721,398.67 in winnings.

William Foreman, of Philadelphia, PA, thought he had the winning hand when he laid out his Quad Jacks, only to experience a bad beat when opponent Joy Wong, also of Philadelphia, PA, flashed his Royal Flush and secured the win. The losing hand earned Foreman $133,266 while Wong added $66,633 to his wallet.

The Bad Beat Jackpot is a prize that is paid when a sufficiently strong hand is shown down and loses to an even stronger hand held by another player. The Bad Beat Jackpot is progressive, with $1.00 taken out of each pot to fund the jackpot (in addition to the regular rake). When a jackpot is won, it will be split among all players sitting at a Bad Beat eligible table and in all of the Caesars Total Reward Poker rooms in Atlantic City at the time of the bad beat with the losing hand getting the largest share.