Million Dollar Bad Beat Jackpot
August 15, 2008 (InfoPowa News) — Thursday saw a new world record for an online poker Bad Beat Jackpot created at Party Poker.com when a bad beat payout on an online table reached $1,013,381 and change, surpassing the previous record of $992,000.
The Bad Beat is a jackpot won on special tables if players lose with a hand featuring four of a kind, 8's or better, and this is what happened to online player ‘Judith75’, from Germany when she hit quad 9's this week. With such a hand it has to be very hard to think that you will lose the pot but 'Hiyall' from Scotland was sitting with the absolute nuts — a royal flush — a hand that is regarded by many as a 649/739/1 chance. The carnage on the table continued, however, as another player 'Shoulderguy,' also from Germany, revealed a full house!
The win came on a $0.50/$1 table and the table pot itself was only worth $24. With the quad 9's being beaten by the royal flush, Judith75 won $354,683.57, whilst hand winner Hiyall scooped $177,341.79 + $24 from the pot. The other players at the table won $22,167.72.
PartyPoker's Bad Beat jackpot is only available on specially designated tables. Of the distributed amount, 50 percent goes to the loser of the hand who is subject to the bad beat, 25 percent to the winner, and the remaining 25 percent is split between the other seated players who took part in the hand. Players who sit out the hand are not rewarded. In the current record-breaking case ten players benefited.
The big money was flowing elsewhere in the Party Gaming group, too; One lucky player won $1.06 million on the Godfather slot at PartyCasino.com, while on the 8th August PartyBingo.com and ITVBingo.com launched their first GBP1 million jackpot game.