UltimateBet Poker Bad Beat Jackpot Hit

As if there wasn't already enough reasons for Texas Hold'em fans to be thrilled with UltimateBet but now they have learned that a lucky 343 online poker players will share in UltimateBet's first Bad Beat Jackpot.

It was back on September 26th when PeterGunzzz lost with four jacks, which were against shaggy82's straight flush during a hand of Texas Hold'em Poker.

There is a little calculation involved with this though. When a player loses a hand with four8's or anything better then that, 65% of the jackpot is distributed out among Bad Beat Jackpot players. Then 25% will stay within the pot for the next jackpot and of course there is always administrative fees, which take only a shy 10%.

So during this hand, everyone was a winner as all poker players seated at a Bad Beat jackpot table that featured the same exact game type and limit walked away with cash. While this was not the greatest thing for PeterGunzzz, there were many other satisfied poker players that night.

Bad beat Jackpot is very similar to the more well-known and traditional Texas Hold'em Poker but with an added jackpot. To read up on UltimateBet's new Bad beat jackpot, you can visit www.ultimatebet.com for further details.