Online Poker Players Hit Record-Breaking $996,115.28 Bad Beat Jackpot at Absolute Pok

[Sports Betting Phenom]

Online poker player from Pasadena, Maryland wins $325,212.40 for losing a hand of Texas Hold’em

Miami, FL. June 23th, 2008 – Absolute Poker today reported that its Bad Beat Jackpot was hit shortly after 9pm ET on Sunday evening, less than $4,000 shy of hitting the $1 million mark. The record-breaking $996,115.28 jackpot is the largest Bad Beat Jackpot ever won in online poker history.

“We’re hitting milestones, breaking records and making ordinary poker players extraordinarily rich,” stated an Absolute Poker spokesperson. “Bad Beat Jackpot continues to attract an enormous number of poker players to Absolute Poker and we can’t wait to beat the industry record we just set once again.”

The latest bad beat win happened on June 22nd at 9:06pm ET just one year after Absolute Poker launched the Texas Hold’em-based jackpot game to the delight of US players. An online poker player with the moniker RIVERMAN1969 from Pasadena, Maryland lost a hand of Texas Hold’em with four tens to BFOXY’s four queens, securing $325,212.40 for his loss. BFOXY left the table $163,343.67 richer and 88 other online poker players shared in an additional $163,343.67, including those seated at the table where the bad beat occurred and those seated at Bad Beat Jackpot tables featuring the same stakes and game type.

The popped jackpot eclipses the previous industry record held by Absolute Poker. On August 29th, 2007, the popular online poker site swiped the record for the largest Bad Beat Jackpot ever won in online poker history from Party Poker.

With more and more players flocking to Absolute Poker for a shot at winning hundreds of thousands of dollars in cash just by losing a hand of Texas Hold’em, the jackpot could easily reach a million dollars on a regular basis.

Absolute Poker is paying players for their losing hands. Bad Beat Jackpot is just like regular Texas Hold’em but with a slight twist. If a player loses a Texas Hold’em hand holding four 8s or anything better while seated at a Bad Beat Jackpot table, they’ll win a large piece of the Bad Beat Jackpot. The winner of the hand, the participants in the online poker hand and players seated at Bad Beat Jackpot tables with the same game type and stakes also share in the jackpot.

To help the jackpot build, $0.50 is collected from qualifying hands at Bad Beat Jackpot tables.

Full details on Absolute Poker’s Bad Beat Jackpot game can be found at www.absolutepoker.com