By TheNuts - Oct 09, 2018
BetOnline Bad Beat Jackpot Tops a Million
BetOnline (USA-friendly) recently brought back their always popular Bad Beat Jackpot and now sits at an impressive $1,000,000 and growing. Surprisingly they have made this version even easier to win than any previous Bad Beat Jackpots they have had. At $1,000,000 this has the potential to be life changing for several players involved in the hand.
The rules are simple to participate. All that is required is that you sit and play poker at any of the designated “Bad Beat Jackpot” tables at BetOnline. These BBJ tables are signified with a yellow star in the lobby. If your quad 8’s get beat by a better hand you (any everyone else at your table) win. It that’s easy or so it would seem. The payout is as follows:
- 20% of the jackpot will go to the player that lost the hand
- 12.5% of the jackpot will go to the winner of the hand
- 12.5% of the jackpot will be split amongst the other players at the table
- 30% of the jackpot will be used to seed the next Bad Beat Jackpot
- 12.5% of the jackpot will be used to cover administrative fees
If you do the math above, that leaves 12.5% unaccounted for, this is set aside for poker room share. That’s right, anyone playing poker at any other table in the entire BetOnline poker room will get a share of the remaining 12.5% of the Bad Beat Jackpot prize pool.
The BetOnline Bad Beat Jackpot is a progressive jackpot which grows continuously hand by hand and as of this publication it’s at $1m+. The BBJ will continue to grow with out limit until it is hit, so there will be a large payout at some point. You can get in on this action by creating your new BetOnline account
and get a 100% up to $1,000 first deposit bonus.