Strip Poker: Progressive Bad Beat JackpotsProvides a Big Win For a Tough Loss |
|
In this "Strip Poker" series, Card Player covers the Las Vegas poker scene - on the Strip and around the city.
Once in a blue moon, a poker player could have the best hand he ever had such as quad tens or an 8-high straight flush and still lose. In many cases, this would be devastating not only to his psyche, but also to whatever percentage of his bankroll he had on the table at the time, because chances are he lost it all thinking that he had to have best hand. That is, unless that player was at a casino with a progressive bad beat jackpot.
Las Vegas has two major progressive bad beat jackpots. One is a $150,000-guaranteed jackpot at participating Station Casinos, which include Palace Station, Boulder Station, Texas Station, Santa Fe, Sunset Station, Red Rock Casino, and Green Valley Ranch. The player who loses with quad nines or better is awarded the set amount of $45,000, while the player with the winning hand is given $30,000. All players participating in a hold'em cash game in any of the casinos receive an equal share of the remaining jackpot and guaranteed at least $200.
Players in the bad beat hand must use both whole cards to qualify. Since it is progressive, the jackpot size grows every day it does not hit. Every Tuesday, the qualifications of a bad beat decrease.
The other major bad beat jackpot is at participating Harrah's properties, which are Paris, Flamingo, Rio, O'Shea's, Bally's, Harrah's, and Harrah's Laughlin. It starts at $50,000 and to qualify, a player must lose with quad tens or better. That player would receive 30 percent of the jackpot while the winner would get 20 percent. The remaining 50 percent is split between hold'em cash game players in all rooms.
For every $20,000 the jackpot increases, the bad beat hand is lowered. Once hit, the jackpot restarts at $50,000.
At the time of this publication, here is the status of the progressive bad beat jackpots:
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
