The Ultimate Bet bad beat jackpot is the perfect answer for those of you who suffer from what seems like more than your fair share of bad beats. Instead of losing your money and throwing your mouse through the wall, you’ll want to jump up and down and dance. If you suffer a particularly brutal bad beat at Ultimate Bet, the bad beat jackpot will reward you with the biggest paycheck you’ve ever seen.
If you don’t yet know what a bad beat is, well, you sure will soon enough if you keep playing poker! A bad beat is what happens when you get your money in with a good hand and then some lucky fool catches the miracle cards he needs to beat your hand. It’s the most frustrating experience in the world because not only do you not win money with the best hand you’ve had all day, but you actually lose money with it!
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That’s where the Ultimate Bet bad beat jackpot comes into play. If you lose with quad 8s or better, you just might end up with a six figure payday. The UB bad beat jackpot regularly reaches six figure amounts. At the time of this writing, the current jackpot was sitting at just under $200,000 and it regularly climbs even higher than that.
How does the Ultimate Bet bad beat jackpot work?
When you play at the tables marked with the “Ultimate Bet bad beat jackpot” logo, an extra $0.50 is collected from each pot that is raked $0.25 or more. That extra cut out of the pot goes straight to the bad beat jackpot pool. With thousands of players playing at all hours of the day, the jackpot can grow to staggering proportions in a very short period of time.
The UB bad beat jackpot continues growing in this manner until one lucky player loses with quad 8s or better. For example, if you have four Queens and then lose to someone with four Kings, you have just won the bad beat jackpot. Congratulations; you may now retire in peace.
Breakdown of the Ultimate Bet Bad Beat Jackpot
When the UB bad beat jackpot is activated, the money is split up in the following manner:
- 25% is rolled over to the next jackpot to give it a healthy start
- 10% goes to the house, because hey, the house got’s ta get paid
The remaining portion of the jackpot is divided up as follows:
- 50% goes to the “loser” of the hand
- 25% goes to the winner of the hand
- $1000 goes to each other player at the table
- The rest is divided up among the rest of the players who are at jackpot tables at the same stakes and game type
So let’s say the Ultimate Bed bad beat jackpot is sitting at exactly $400,000 the day you win it, which is a reasonable amount. Here’s how the payouts would break down:
- $100,000 goes to the next jackpot
- $40,000 goes to the house
The remaining $260,000 would be divided up like this:
- $130,000 goes to you
- $65,000 goes to the guy who gave you the bad beat
- $1,000 goes to each of the 4 other players at the table
- Let’s say there are 50 other players playing at the same stakes and game type at the time of the jackpot. Each of those players would receive $1,220
Ultimate Bet Bad Beat Jackpot Rules
The following rules determine when, and to a certain point, how often the bad beat jackpot is paid out. Make sure you take note of these because I can’t think of anything worse than thinking you hit the bad beat jackpot only to find out you missed something important.
- You must be playing at a jackpot table
- A jackpot rake must be collected from the pot
- Both hands must use both hole cards
- The losing hand must be equal to four 8s or better
- Four or more players must be dealt in to the hand
- The players who receive the other payouts qualify by being at a jackpot table of the same stakes and game type at the time the jackpot is hit. These players must be sitting in at the time of the jackpot.
- You can not tell the other players at the table what your hand is or what actions to take
[...] you play at Ultimate Bet bad beat jackpot tables, $0.50 is taken out of every pot and added to the prize pool. Then, if you suffer from a [...]