Casino News

Its unique payout structure makes UltimateBet's Bad Beat Jackpot poker a favorite amongst Texas Hold'em poker fans.

Miami, FL (PRWEB) October 25, 2007 - UltimateBet is reporting record numbers at its Texas Hold'em poker tables thanks to a Bad Beat Jackpot that's currently hovering above $560,000 and quickly approaching the $600,000 mark.

"This is our highest ever Bad Beat Jackpot and it's getting bigger by the second," stated UltimateBet spokesperson George MacLean. "It's only a matter of time before we shower even more online poker players with extreme riches."

As of Wednesday morning, UltimateBet's Bad Beat Jackpot had already grown to over $560,000.

Industry experts believe the increased traffic at UltimateBet is directly related to the site's unique payout structure that doles out each jackpot to more online poker players.

Bad Beat Jackpot is just like traditional Texas Hold'em poker with an added jackpot component. In addition to rake, $0.50 is collected from qualifying poker hands and placed into a constantly growing pot until someone hits the jackpot. When an online poker player loses a hand with four 8s or anything better, 65% of the jackpot is divided among Bad Beat Jackpot poker players (25% remains in the pot for the next jackpot and 10% is dedicated towards administrative fees).

While other online poker sites offer Texas Hold'em fans a place to play Bad Beat Jackpot, the online poker community views UltimateBet's version of the game as more lucrative. That's because all players seated at a Bad Beat Jackpot table featuring the same limit and game type as where the bad beat occurred automatically share in the jackpot.

UltimateBet's Bad Beat Jackpot poker tables are categorized in red text in the game lobby. Full details on UltimateBet's new Bad Beat Jackpot poker game can be found at www.ultimatebet.com.

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