Party Poker's bad beat jackpot nearly $500,000

pokeraddict

Webmaster
Joined
Aug 3, 2002
Location
Las Vegas
Too bad you have to......
1. Lose quad 8's or better
2. Have hand raked
3. Have both cards in both hands playable (kickers must play)
4. Make sure no one table talks during hand
5. Give 20% back to next jackpot
6. Give Party 10% just because of how nice they are

That is right, in reality Party keeps 30% of the jackpot, using 2/3 of that to reseed. Still right now the bad beat hand would win $170,000

If it has been a while since you played maybe its the time to pay it, games are looser too because of all the chasing.

Jackpot tables are 2/4+ holdem and have their own special section and rules.
 

nafanny29

Dormant account
Joined
Jul 8, 2004
Location
London, England
pokeraddict said:
That is right, in reality Party keeps 30% of the jackpot, using 2/3 of that to reseed.
Are you serious!!!! They rake for the jackpot then get 30% when it is hit. that is UNBELIEVEABLE!!!!!

Can you imagine someone hitting Megabucks in vegas for $10MIL and the casino turns round and says $3MIL is theirs :eek2:
 

bpb

Banned User - repeated violations of rule 1.14 (tr
PABnonaccred
PABnorogue
Joined
Jun 17, 2004
Location
Haverhill
Party rakes 10% of the jackpot when it is hit. An additional 20% is set aside to reseed the next jackpot. The remaining 70% is then disbursed to the table with the jackpot hand (50% to the losing hand, 25% to the winning hand, 25% to the rest seated).
 

jpm

Dormant account
Joined
Mar 29, 2002
nafanny29 said:
Are you serious!!!! They rake for the jackpot then get 30% when it is hit. that is UNBELIEVEABLE!!!!!

Can you imagine someone hitting Megabucks in vegas for $10MIL and the casino turns round and says $3MIL is theirs :eek2:
Isn't that what the IRS does? (More like 50%!) :eek:
 

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