The electrons on Absolute Poker.com’s email press release announcing its new Bad Beat Jackpot (see previous report) were barely dry when five of the company’s online players were recipients of a total of $78 000 this week.
Barely a day into the initiative, in which Absolute funded the embryo Bad Beat Jackpot with an initial $100 000, it was hit by the five players…and two days later it was hit again.
“This is proof that Absolute Poker has taken the lead in making online poker more lucrative,” stated David Clainer, senior vice president for Absolute Poker.
The first Bad Beat Jackpot was won early last Saturday morning by a player who lost quad tens to an opponent’s straight flush. In traditional Texas Hold’em, he would have walked away from the table frustrated, but at a Bad Beat Jackpot table when a player loses a poker hand holding four two’s (2222) or anything better, he or she wins the major percentage of the Bad Beat Jackpot. In this case, it meant nearly $40 000 for his losing hand. And all poker players who were seated at the table where the bad beat occurred shared in the rest of the jackpot.
It happened again early this Monday morning when another player lost four of a kind to another player’s king high straight flush, losing the hand but winning nearly $13 000 by hitting the bad beat jackpot.