Canadian Player Takes Bad Beat Jackpot At Ultimate Bet
If you ever thought that being having horrible luck while playing at one of your favorite online casinos could never result in bringing you anything good, think again. One player just won a great deal of money for getting beat while holding quad eights on Ultimate Bet. This player was able to win the Ultimate Bet Bad Beat jackpot. How the online casino site funds the prize pool for this system is by taking 10% off the top for the entire site and an additional 25% that goes toward seeding the jackpot pool for the following round.
Once this happens the player who took the bad beat takes about 50% of the prize pool and then another 25% of the prize pool goes to the player who caused the bad beat to occur. Everyone else at that table scores $1,000. But the winning magic doesn’t end there. every other casino player who was getting their gaming on in the designated jackpot area gets to divide up the rest of the 25% of the prize pool.
This time the big winner of the bad beat jackpot was a 19-year-old Canadian boy named Reg. Playing under the online moniker Quantom47, he chose Ultimate Bet out of all the other online casinos out there to get in on some sweet poker action on the 18th of January. Late in the evening on that day, the jackpot had climbed up to an astonishing $534,132 going into the final hands before the bad beat casino jackpot was officially captured.
bad beat jackpot, online poker, ultimate bet