There’s nothing worse than a bad beat in the world of poker. Unless that bad beat pays you more than you’ve made in a year.
Absolute Poker and UltimateBet have just announced that their Bad Beat Jackpot has topped $600,000.
The jackpot is created much like a traditional Texas Hold’em jackpot, with $0.50 collected from qualifying poker hands.
The pot continues to grow until someone loses a hand with four eights or better while seated at a Bad Beat Jackpot table. When that happens, the jackpot is divided among Bad Beat Jackpot players at the table where the beat occurred and other tables with the same limit and game.
The loser of this Bad Beat Jackpot will take home over $195,000 while the winner of the hand will win $97,500. $1000 will be won by ever other player seated at the table and $97,500 will be won by all players at tables playing the same game type and stakes.
Check out absolutepoker.com and www.ultimatebet.com for details.
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