If you arent familiar with bad beat jackpots, let me explain. In most brick and mortar casinos there is a progressive jackpot that builds over time, called the bad beat jackpot. Poker rooms usually take out a dollar or two out of every raked pot and put it into? the bad beat jackpot.
The rules for hitting the jackpot are different in each casino. At some casinos you only need Aces full of Jacks or better beaten, while some casinos offer even harder beats such as a four of a kind beaten. In most card rooms, you must also be playing at a limit table. No limit games generally dont qualify, as the jackpot would be hit much more frequently with players constantly all in and seeing every card the board has to offer. When a bad beat happens and is verified, everyone gets paid.
The structure for a bad beat jackpot payout also varies from casino to casino. It is common to see the losing hand receive 40% of the jackpot, the winning hand receive 25% of the jackpot, the rest of the table split 15% of the jackpot, and the rest of the poker room split the remaining 20%. As you can see, when someone hits a jackpot, there is plenty of room for everyone to celebrate.
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