14 Aug 08
PartyPoker: BBJ Almost $1 Million
The Bad Beat Jackpot (BBJ) on PartyPoker is nearing the magical mark of one million dollars. About $920,000 were already in the pot this morning.
The PokerStrategists know the BBJ on PartyPoker very well. Already several times you have busted the jackpot. Now the BBJ is nearing rarely seen heights again. Almost one million dollars are waiting for a lucky winner.
With a bad beat the winner receives 50% of the jackpot. At least quad eights have to be beaten to bust the BBJ. Both hole cards have to be used by you.
Below the exact BBJ rules of the PartyPoker Homepage (as of August 13th 2008):
The Bad Beat Jackpot is only available on specially designated tables available under the 'Cash Game' tab.
Four or more players must be dealt into the hand. Players sitting out do not qualify for the jackpot.
We collect 50 cents from the pot of every raked hand played on our Bad Beat Jackpot tables.
We will retain 10% as an administrative fee.
The losing hand must contain Four of a Kind, 8s, or better to qualify .
The best hand for both the winner and the loser must include their two hole cards, and the hand must go to a showdown .
The hand must be raked and the jackpot contribution must be collected in order for the hand to qualify for a Bad Beat Jackpot .
The two highest hands will be considered for the jackpot if there are two or more hands that qualify for the jackpot, with the highest hand being the winning hand (the winner) and the second highest hand winning the jackpot (the loser of the hand) .
The hand that started first (based on our system clock) will be awarded the jackpot if two qualifying jackpot hands are hit at exactly the same time .
layers must play their hands independently and cannot tell opponents how to act or reveal their hand to other players. Violations will disqualify the hand from the Progressive Bad Beat Jackpot.
Of the distributed amount, 50% will go to the loser of the hand (the Bad Beat), 25% will go to the winner, and the remaining 25% will be split between the other seated players who took part in the hand.
#1
BusinessGuru, 14 Aug 08 13:38
I love how they keep 10% as an administrative fee. I very much doubt their administative bills come to $100k#2
Drakhor, 14 Aug 08 13:44
Think about the poor CEO's. They also have to pay for more and more expensive gas for all their luxury cars...#3
SonicXT, 14 Aug 08 14:34
It's so sick ...#4
SoyCD, 14 Aug 08 17:08
Just had a royal flush on a BBJ table.. but sadly no quads involved :)#5
SonicXT, 14 Aug 08 19:46
I had Ah9h v 7h6h on 2h3h4h flopIf that 5h would have come, I would have been going totally crazy to lose a straight flush on the BBJ tables and not win the jackpot :D
#6
jmaric7, 14 Aug 08 22:41
I had 2 weeks ago poket A vs poket 9 and he flopped poker of 9 and I flopped set of A- so i lost with FH (AAA99 vs 9999). So close and so far away. BBJP was arround 400k- damn luck :) GL 2U all#7
SonicXT, 15 Aug 08 04:01
I sucked out 99 v AA once at NL100 just like that :D Not a BBJ table so it wasn't vs you I think :D#8
SonicXT, 15 Aug 08 05:21
It's been hit :(#9
Xantos, 15 Aug 08 09:09
It's been hit by four(!) PokerStrategists :D#10
SonicXT, 15 Aug 08 09:23
It's been hit by Germans :(#11
Drakhor, 15 Aug 08 11:11
Damn Krauts! :P (Ooh, been a while since I used this... ^^)