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Bad Beats Are Not Always so Bad

May 19, 2008

Everyone hates bad beats, so most casinos and online poker sights have a bad beat jackpot.  The money for the bad beat pot is taken out of every pot that has a rake of 25 cents or more.  This jackpot is very rare to win, so it us usually a very large jackpot.

If you’re ever holding quad eights, you can expect to win the hand, because you’re probably going to.   However, this did not turn out to be the case for DENDAKOTA when he or she was playing at Absolute Poker held quad eights.  DENDAKOTA was beaten, and even though he or she may have lost the hand, DENDAKOTA still turned out to be a big winner, winning $46,908 of the bad beat jackpot!

The player who wins the bad beat jackpot really only gets 32.5% of the jackpot because of how the jackpot is split up.  Of the initial jackpot, 25% it taken off the top to go into the new jackpot, and the house gets 10% as well.  That only leaves 65% of the initial jackpot, and the loser of the hand only gets 50% of that.  Regardless of what percentage the player gets, DENDAKOTA still made a lot of money for a bad beat.

Don’t expect to win the bad beat jackpot with any bad beat however.  At Absolute Poker, in order to win the jackpot the player must have at least quad eights and be beaten and both you and the person who beat you must play both of their holecards.

Written by admin · Filed Under US Poker News