A lucky player from Australia lost a Texas Hold’Em poker hand and set off Absolute Poker’s Bad Beat Jackpot bells, winning a record breaking $821,670.69.
KADI, an online poker player from Australia, lost a 10-high Straight Flush to a King-high Straight Flush. KADI was seated at one of Absolute Poker’s Bad Beat Jackpot tables, where her losing hand won her $267,042.97 in cash. The pot winner walked away with $133,521.48 and the participants in the hand each earned $33,380.37.
The $821,670 jackpot shatters all igaming records, including the previous Bad Beat Jackpot record of $739,621. In poker, the term “Bad Beat” refers to a losing hand that is clearly favored to win.
While this massive win is most certainly impressive, the next record breaker could be waiting right around the corner. The jackpot has since been reset and, at last count, sat at $215,000.With $0.50 collected from each qualifying hand at designated Bad Beat Jackpot tables, that number is growing by an average of $2,000 per hour.
In order to win the next jackpot, a player will have to lose to a hand holding four 8’s or anything better, and any participants in the Bad Beat hand will also share in the winnings.