CEREUS Bad Beat Jackpot pays out $32 million
Paying out a jaw-dropping amount valued over $32million dollars the Cereus Poker Networks bad beat jackpots at ultimatebet com and absolutepoker com have been quite generous to several players since the games inauguration in late June, 2007.
This historic milestone was created when the denominations reached the pinnacle on January 31st paying out $132,880 to HIPLO after losing a hand of Texas Hold’em holding four nines while playing at AbsolutePoker.com.
Surprised how someone can suffer defeat with a hand that is considered to be a winner in any Texas hold’em game? Found at both Ultimate Bet.com and Absolute Poker.com a bad beat jackpot works with a different mechanism, any player can win a piece of the jackpot if they lose a hand of Texas Hold’em poker holding four eights or better. The Bad Beat Jackpot builds by collecting 50 cents from each eligible hand and the pot keeps elevating until someone hits a qualifying Bad Beat hand and at that particular time a predetermined percentage of the pot is awarded to the victim along with other contenders present in the game.
Paying out a total of $32,665,751 CEREUS unveiled that the highly exhilarating and unique Bad Beat Jackpots has lured an estimated number of 15,002 players since June of 2007 at both online poker sites. Approximately pouring out a large sum worth $1,605,573 Cereus also quoted that the Bad Beat Jackpot winnings since January 1 were valued at $325,212 and is considered as the single largest Bad Beat Jackpot payout to a single player.
Dwelling on the CEREUS Poker Network both UltimateBet.com and AbsolutePoker.com were inaugurated on November 25 following a year’s process of development. The podium on which the new Poker Platform rests is backed by leading technology and a 24-7 Security Center delivering a watertight gaming experience for everyone at the tables.
Tags: AbsolutePoker.com, Bad Beat Jackpot, cereus software, ultimatebet.com
