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Online pokerplayer KAPPIT from Ferris, Texas has 218,115reasons to be thankful for her losing hand yesterday at UB.com, which immediately set off the Bad Beat Jackpot ("BBJ") bells to the tune of $670,575.38.
On Tuesday evening at 17:51 ET, what can only be described as a $218,115.71fortunate misfortune for KAPPIT, saw her quad nines outranked by CJBV’s four queens. In most poker circles that might be the end of the story, but this bad beat delivered a financial windfall to the 60 year-old that was well worth waxing lyrical about.
“I’ve been playing Poker for 45 years now, mostly live poker, and I hit a jackpot once in a land-based Casino, but this is the biggest prize I’ve ever got. Hats off to UB Poker. It was ‘SO’ my lucky day to capture the Bad Beat Jackpot,” said KAPPIT.“Looks like our dream of trading off our 1995 truck will finally happen. Keep those jackpots coming UB...Dreams do come true.”
When KAPPIT lost her hand of Texas Hold ‘em at a $0.25/0.50 table, CJBV picked up a sweet $109,057.85 for his winning hand, while seven players banked at least $1,000 just for being seated at their table, and an additional 610 others celebrated KAPPIT’s bad luck at the felt pocketing $89.36 each, for no other reason than they happened to be playing at the same limit as the long-time Texan poker enthusiast.
Since the launch of the Bad Beat Jackpot at Absolute Poker and UB, thousands of players have shared in a staggering total of $58,114,636.59 in jackpot dollars. In 2010 to date, 63 players have won a Bad Beat Jackpot, and KAPPIT’s win catapulted this year's BBJ prize money to a massive total of $9,328,292.80 handed out across the CEREUS Poker Network to 11,082 players.
Bad Beat Jackpot games are traditional Texas Hold'em poker with an added jackpot component. $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 8s or anything better, the jackpot is divided among Bad Beat Jackpot players, with a portion of the remaining pot held over for the next one. All players seated at a Bad Beat Jackpot table featuring the same limit and game type as where the bad beat occurred also win a piece of the jackpot.
Sky-high Bad Beat Jackpots aren't uncommon at either of the CEREUS Poker Network's online poker sites -- players at UB and Absolute Poker have both witnessed a number of monster jackpots near the million-dollar mark -- but with CEREUS, Texas Hold'em players can keep on looking forward to much larger jackpots, more often.
Full details on the Bad Beat Jackpot game can be found at the pair of popular online poker rooms, UB.comand AbsolutePoker.com.
