BetOnline Bad Beat Jackpot Reaches Over $1,000,000

BetOnlines Bad Beat Jackpot has cleared the $1million level, ensuring anyone that grabs a piece of it a life-changing sum of money, with the winner hoping to top this years $273,382.82 won by poker player Tyrant back in January…

By: Andrew Burnett

As with all BBJ’s, you need to know what hand rankings count, and for BetOnline’s $million-buster you’ll need to lose with 4 of a Kind 8’s or better, the Progressive Jackpot rising with every hand played at qualifying tables – those are the ones bearing yellow stars.

If you think it’s unfair that someone walks away with the whole amount, that’s not quite how it works! BetOnline have provided a handy guide to the cash breakdown below, showing that everyone involved walks off with a chunk of the big prize.

  • 17.5% of pot to player with the bad beat
  • 12.5% of pot to the winner of the hand
  • 10% of pot split among other players at the table
  • 10% of pot split among players at other bad beat tables
  • 35% of pot seeded into the next BBJ
  • 15% of the jackpot will go towards administrative fees

As the site points out, ‘the larger the jackpot, the easier your chance to win’ – the current qualifying hand being four 8’s but that comes down as the money increases, so make sure you know what the current rank is when you’re playing! The quad fours is down from quad tens, but who knows how low it will go as the prize gets bigger and more players chase it – so pay attention!

Because, what you don’t want to do, as some unfortunate players in the US found out earlier this year, is not pay attention to the rules – such as getting super-excited and exposing your hole cards out of turn before the hand is completed!

That was a costly error at a live casino – a painful loss of $60,000 for the ‘bad beat winner’ - but thankfully BetOnline’s software will take care of these problems for you. Still, better to be in the right and walk off with your share of the $1million+ than rue a silly and expensive mistake.

BetOnline have been in the business since 2004, offering poker, sportsbetting and horse-racing wagers, and this year alone their BBJ payouts have totalled $440k – a number set to be broken as soon as someone lands the current jackpot – could it be you? Sign up now and battle it out to win your share of $1million!

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