Home / Poker News January 2010 / Bad Beat Jackpot record falls
Bad Beat Jackpot record falls
Posted by: James Carter. - Tue, 2010-01-19 09:59
Bad Bead Jackpots are the freaks of the poker and
online poker world. I’m not just saying that based on how hard to come by they are. These jackpots are freaks trough their very nature. They reward the guy who’s hit by extreme bad luck so lavishly that they blur the boundary between good luck and bad…I mean, is this bad luck or good luck then?
There’s one guy who can definitely answer that question for you. Steve Gedney played poker at Caesar’s Atlantic City recently and his quad 4s were incredibly beaten by another player’s rivered quad Aces. Gedney took down a $553,958 jackpot for his loss, and that probably dwarfed the pot he had been involved in. I’m quite sure Gedney would tell you his luck turned so bad, it was good.
Gedney wasn’t the only one celebrating his extreme bad luck though. Caesar’s, the venue where the deed occurred, was almost as pleased as he was for the publicity their casino’s card-room received on account of Gedney’s win. Joe Domenico, general manager of Caesar’s Atlantic City, didn’t miss the opportunity to point it out that having been at the forefront of table gaming action for the better part of the last 30 years, his casino certainly deserved to set and to hold the record for the biggest ever bad beat jackpot won anywhere in live or in online poker.
The rules of Caesar’s Atlantic City state that the bad beat jackpot is awarded to a player who shows down quads and loses to another player who shows down a stronger hand. Gedney was not the only beneficiary of the haul though. According to the rules of the casino, the losing player would only receive 50% of the jackpot. That meant a $276,979 payday for Gedney. The winner of the hand, Chris Dobrzanski, took 25% of the jackpot money, a massive $138,489 chunk. The other players at the table were rewarded too just for being there I suppose (talk about getting lucky), as the remaining 25% of the jackpot was split up equally among them. There were 7 of them, which meant an extra $19,784 for each of them that night.
That’s something for
Full Tilt Poker and
PokerStars to try to match online…
