Absolute Poker bad beat jackpot is hit at $1M

June 25th, 2008
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Absolute Poker gave away the biggest “bad beat jackpot” in the history of online poker over the weekend, with several players sharing in nearly the jackpot when it reached nearly $1 million.

The AP Bad Beat Jackpot is triggered when someone holding four 8s or better loses a hand while sitting at a “Bad Beat Jackpot” table.

According to a press release:

The latest bad beat win happened on June 22 at 9:06 p.m. ET just one year after Absolute Poker launched the Texas Hold’em-based jackpot game to the delight of US players. An online poker player with the moniker RIVERMAN1969 from Pasadena, Maryland, lost a hand of Texas Hold’em with four tens to BFOXY’s four queens, securing $325,212.40 for his loss. BFOXY left the table $163,343.67 richer and 88 other online poker players shared in an additional $163,343.67, including those seated at the table where the bad beat occurred and those seated at Bad Beat Jackpot tables featuring the same stakes and game type.

Whole thing here.

For the jackpot, 25% is rolled over to the next jackpot, while 10% goes to the house.

The jackpot at AP is built by collecting $0.50 from qualifying hands at “Bad Beat Jackpot” tables.


Article Credit: Dustin

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