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.