Posts Tagged ‘Beat’

Largest Bad Beat Jackpot in U.S. History Hit at Motor City Casino

 Largest Bad Beat Jackpot in U.S. History Hit at Motor City Casino

Poker bad beat jackpots are not the typical article topic on this here website, but this is going to be the third one in the span of what, about a month? On Tuesday, January 16th, what was reportedly the largest bad beat jackpot in United States history was hit at Detroit’s Motor City Casino poker room.

We recently wrote about a bad beat jackpot hit on the Chico Network for nearly a million dollars. The one this week, though, at a brick-and-mortar casino, beat that: $ 1,068,590.80.

According to Edward Pevos of mlive.com, a player named Scott from Oxford, Michigan had the losing hand, quad Threes, topped by a player named Kenneth, who had quad Queens. As the loser of the hand, Scott received the largest portion of the bad beat jackpot, $ 427,452.52, while Kenneth got $ 213,712.76. There were four other players at the table, each receiving $ 106,856.28 just for folding (this was a ten-max table, too, so they were fortunate the table wasn’t full).

The Motor City Casino’s bad beat jackpot works slightly differently than most. Usually, a casino or online poker room has a minimum strength for the losing hand; it could be quads, maybe quad Jacks or higher, or even a straight flush. But no matter the minimum strength, the bad beat jackpot is typically hit as long as that hand is beaten by a stronger one. At this specific bad beat jackpot table, the jackpot is only triggered if a four-of-a-kind is defeated by a stronger four-of-a-kind. A straight flush beating a four-of-a-kind does not count, nor does a straight flush beating a straight flush. Has to be quads over quads.

There is a different bad beat jackpot table that is more traditional, where the losing hand must be Aces full of Kings or better and can be beaten by anything. The jackpot there, though, is much smaller.

As is always the case with bad beat jackpots, the hand must reach showdown and both the winning and losing hands must include both hole cards. At Motor City, at least four players need to be dealt into the hand and the pot has to reach at least $ 20.

We are not sure what the drop is at the bad beat jackpot tables, but some of it must go to seeding the next jackpot. We say this for two reasons. First, the jackpot is already around half a million dollars, according to the casino’s website, so there must have been a lot of money set aside to start a new jackpot. And second, all of the bad beat jackpot’s money is distributed when it is hit: 40 percent goes to the winner, 20 percent goes to the loser, and 40 percent is split evenly among the other players dealt into the hand.

According to mlive.com, Motor City’s bad beat jackpot “generates mild buzz” when it gets to $ 200,000, so the poker room must have been a powder keg as it reached a million bucks.

“There are winners every day on the floor, but it’s not every day that a jackpot that big hits,” said Phil Trofibio, Senior Vice President of Casino Operations.

The post Largest Bad Beat Jackpot in U.S. History Hit at Motor City Casino appeared first on Poker News Daily.

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Million Dollar Bad Beat Jackpot Hit on Chico Network

 Million Dollar Bad Beat Jackpot Hit on Chico Network

You don’t hear much about online poker bad beat jackpots anymore. Back in “the day,” they were quite popular, as players loved having that miniscule chance at a gigantic payday in what would otherwise be a regular cash game. But over time, people stopped wanted to pay the extra drop for the jackpot and the bad beat tables declined in popularity. They still exist, though, and one of the largest jackpots of all time was hit this past Sunday night on the Chico Network, worth $ 994,119.

The Chico Network is comprised of just three poker rooms – BetOnline.ag, TigerGaming.com, and SportsBetting.ag – but it still sits at 15th in PokerScout’s cash game traffic rankings with a seven-day average of 700 cash game players. One thing that likely elevates the Chico Network despite having such a small roster of skins is that it is a “gray market” site, meaning that it accepts U.S. customers.

On the Chico Network, the bad beat jackpot starts at $ 100,000 and increases constantly, as long as it hasn’t been hit. An extra rake is taken from the pot at specially-marked bad beat jackpot tables at the rate of 10 cents per $ 4 in the pot, with a maximum of 50 cents per hand. For a hand to qualify for the bad beat jackpot, a player must lose a hand holding four of a kind Jacks or better. At least four players must be dealt into the hand, the hand must go to showdown, and both the winning hand and losing hand must use both of their hole cards.

The loser of the hand – and thus the “winner” of the bad beat – receives 27.5 percent of the bad beat jackpot. The winner of the hand gets 15 percent, the other players who were dealt cards at the table split 15 percent equally, 5 percent is split evenly among players at the other bad beat jackpot tables, 10 percent goes to the house, and the remaining 27.5 percent is used to seed the next jackpot.

In the big hand on Sunday, there were four players dealt in. “pokerplayer4ever” had Qd-Td, while “Tyrant” had Jd-Jc at a $ 1/$ 2 No-Limit Hold’em table. Tyrant raised to $ 5 pre-flop, pokerplayer4ever re-raised to $ 18, the other two players folded, and Tyrant called.

The flop of 8d-9d-Jd had to have made pokerplayer4ever’s heart jump, as he had just flopped a straight-flush. Tyrant checked, pokerplayer4ever bet $ 10.17, and Tyrant called. The 4d came on the turn and both players checked. The river was the Jd, giving Tyrant quads! He checked, pokerplayer4ever moved all-in for $ 179.22 and at that point, Tyrant had to know he was about to profit a couple hundred bucks or nail the score of a lifetime.
Think about it. Tyrant had quads and saw his opponent, who had been aggressive except for the turn, move all-in with four diamonds on the board, plus straight and flush possibilities. Tyrant had almost every hand dead to rights, so he was definitely winning – in most cases – a $ 400 pot.

But there were two combinations of hole cards he could lose to – Q-T or 7-T of diamonds – and one of those was the hand that pokerplayer4ever had. And since they were at the bad beat jackpot table, Tyrant knew he was about to make some money.

As the loser of the hand, Tyrant won the largest portion of the bad beat jackpot, $ 273,382.82. pokerplayer4ever received $ 149,018.49 for winning the hand and the other two players won $ 74,509.25 and $ 74,509.24.

The sad part of this tale, though, is that there were two players at the table who were sitting out. Those bathroom breaks cost over $ 37,000 each.

The post Million Dollar Bad Beat Jackpot Hit on Chico Network appeared first on Poker News Daily.

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Poker Players Await Ruling on Stations Casino Bad Beat Jackpot Denial

 Poker Players Await Ruling on Stations Casino Bad Beat Jackpot Denial

When you think you have the goods in a poker hand and lose big, it hurts. But when you think you have the goods, lose big, but in turn hit a casino’s Bad Beat Jackpot, it feels amazing. Now take that to the next, depressing level and think you won the Bad Beat Jackpot only to have the casino say, “Not so fast, my friend.”

That is the situation facing poker players who were playing at the Station casinos on July 7th at about noon. According to a report by the Las Vegas Review-Journal, Len Schreter beat Avi Shamir in a poker game at Red Rock Resort with a straight flush over straight flush. As this qualified for the Bad Beat Jackpot (it looks like Aces full must be beaten and both hole cards must be used; if Aces full, one hole card must be an Ace), a sign lit up in every Station poker room, indicating that everyone playing at the moment might have just one a piece of the jackpot.

The Bad Beat Jackpot, funded with a maximum one dollar drop from every cash game hand at every Station casino, was up to about $ 120,000, so Shamir, as the loser of the hand, had won $ 60,000. Schreter, the winner, was to receive $ 30,000, and the rest of the players at the Station poker tables were to split up the rest of the prize pool evenly.

But Red Rock poker manager Forrest Caldwell, after talking it over with the top brass, invalidated the jackpot win. Surveillance footage showed that Schreter had turned over his cards out of turn after the river card was dealt. According to the Bad Beat Jackpot promotion’s rules, “discussion of hands during the play by players, at the discretion of management, may void a Jumbo Hold ‘Em Jackpot,” and management interpreted Schreter’s action as discussion of the hand.

Players asked the Nevada Gaming Control Board (NGCB) to review the case and investigator Bill Olliges determined that Schreter’s action did not affect the outcome of the hand, so the Bad Beat Jackpot should be paid out.

Station appealed and a hearing was held last week where Station presented its case. While the video footage made it obvious that Schreter had shown his cards before he was supposed to, the LVRJ report does not say whether or not the betting had occurred as such so as to make his action inconsequential.

If Shamir was already all-in (and other players had folded), Schreter showing his cards didn’t matter. If Shamir still had chips and therefore was going to need to make some sort of decision in the hand, Schreter showing he had the best straight flush definitely made a difference. Without knowledge of Schreter’s hand, there was no way Shamir was going to fold.

Since Olliges had already ruled that Schreter’s enthusiastic reveal did not affect the outcome, it seems like Shamir had no further opportunity to act in the hand, but the LVRJ report does not make that clear.

For his part, Schreter feels terrible about everything.

“I was hurt emotionally by Red Rock, but this guy [Shamir] was hurt financially,” he said in his testimony. “Red Rock kicked me in the stomach, but Red Rock kicked him in a place a lot lower than that.”

Michael Bluestein, who was playing at Santa Fe Station when the bad beat happened and would therefore be due a small portion of the jackpot, said at the hearing that the motivation for Station not to pay out was “pure greed.”

It does seem odd that Station would get so uptight about paying out a Bad Beat Jackpot that was funded by a drop the players paid in cash games. The payout is not coming from Station’s coffers. The only real reason one could think of for not paying is that the giant jackpot amount attracted more players and Station didn’t want to see its poker room traffic decrease with a reset jackpot.

Then again, by being so shitty about it, Station might lose customers, anyway.

The Las Vegas Review-Journal says the NGCB will likely consider hearing officer’s recommendation when it meets January 10th and 11th.

The post Poker Players Await Ruling on Stations Casino Bad Beat Jackpot Denial appeared first on Poker News Daily.

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PokerStars Launches Beat the Clock Tourneys

 PokerStars Launches Beat the Clock Tourneys

PokerStars introduced a new game variation today and for once, it wasn’t a type of Spin & Go. In “Beat the Clock” games, it is not winning that matters (it still does, of course) as much as it is not getting eliminated.

That may sound like the same thing, so allow me to explain. PokerStars Beat the Clock games are one dollar, 48-player Sit-and-Go tournaments played with the fast fold, Zoom Poker format. As a reminder, that last part means that as soon as a player folds, he is taken to a different table to immediately play a new hand. In a large enough Zoom Poker cash game pool, this may mean that a player won’t see the same opponents for quite some time, but with a field of only 48, the same players will be facing each other over and over again.

The big catch in Beat the Clock, though, is that all games last five minutes, max. They could end before that if 47 players are eliminated, but even if multiple players are still alive, the tournament will end automatically after five minutes.

Anyone remaining at the tables when the five minutes are up will receive a cash prize based on how many chips they had at the buzzer. Let’s look at an example of how this works, straight from PokerStars:

Each tournament has 240,000 chips in play (starting stacks are 5,000 chips) and a total prize pool of $ 43.20 (10 cents of the dollar buy-in is removed as the tourney fee). If a player has 12,000 chips when the time runs out, that means he has 5 percent of the chips in play. Multiply that 5 percent by $ 43.20 and you get $ 2.16, which is the prize that player will receive.

Depending on how the math works out, some prizes could be rounded down to the nearest cent, but fear not – PokerStars isn’t taking that money in an Office Space-like scheme. The rounded-off pennies will be added to the winner’s cut.

At first glance, it looks like it could be possible to just fold one’s way to a profit, or at least play extremely tight, but that will probably be quite difficult. The tables in Beat the Clock tournaments are only four handed, so blinds will come around frequently. Blind levels are also only one minute long. Add in the Zoom Poker element and everyone will be involved in hands non-stop, making it extremely hard to just try to hang on and finish out the five minutes with chips.

At the same time, these could very well smooth out variance compared to regular Zoom Poker tournaments. The bigger wins might be harder to come by, but that will be evened out by more small cashes (even if they are for less money than the buy-in), rather than straight busts.

In a press release, Severin Rasset, Director of Poker Innovation and Operations at PokerStars said, “We are constantly looking to innovate at PokerStars and believe Beat The Clock is a great new addition to our poker offering. It’s the perfect format for those who want to fit in some quick, intense poker action and is ideal for mobile play, where, in just five minutes, players can experience all the emotions and excitement that only poker provides.”

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