The renowned poker room Ultimate Bet is proud to have awarded a young and promising Texas Hold’em player with over $170,000 .Just after nine days of registering his account at Ultimate Bet the nineteen year old Canadian player Quantom47 hit the Bad Beat poker Jackpot .With dreams of following the footsteps one of the worlds most famous eleven-time World Series of Poker winner Phil Helmuth “Quantom47” signed up at ultimate bet with high hopes. Planning on letting him down the Alliston, Ontario natives luck made fulfilled his deepest desires. After losing his first hand of Texas Hold em when his four queens were trotted over by fellow online player ‘Rusty_1’ late Tuesday night the Phil Helmuth fan triggered a bad beat worth $534,132.

Ultimate Bets had set out to accomplish the inevitable and they achieved that honour with flying colors when they announced that any player who would sit at their bad beat jackpot table will win big money by losing. A bad beat jackpot can be differentiated from a normal Texas Hold’em game in such a manner that the player has to form the worst possible hand and lose which is the task allocated to this unique jackpot. Basically a bad beat occurs when the worst hand comes from behind to beat your respective better hand.

If Quantom47 had been playing an ordinary run of the mill Texas Hold’em Jackpot game he would have walked away as a sore loser but when it comes to bad beat being a sore loser can be the best thing that ever happens to you. With great gratitude towards Ultimate bet ‘Quantom47’ walked away with $173,693. For his part, ‘Rusty_1’ won $86,796 while 373 other players who either had identical hands or were also participating in the same hand shared an additional $86,796.

UltimateBet.com bad beat poker adds up the winning amount by collecting 50 cents from each qualifying poker hand and adds it into a continually progressing pot until the time some one loses a hand containing four eights or better. At this point 65 % of the jackpot is distributed among players and 25 % remains in the pot. As for the rest of the 10 percent it is dedicated towards administrative fees. Only those players are eligible for a piece of the jackpot who is seated at a Bad Beat Jackpot table featuring the same limit and game types where the Bad beat jackpot was hit.

Play online poker with thousands of real people for FREE!

Tags: Jackpots, ultimate bet, ultimatebet.com

Posted by Diana Sterling in Winners | 113 Comments »

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.