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

Discussion in 'Casinomeister's Poker Room' started by pokeraddict, Oct 27, 2004.

    Oct 27, 2004
  1. pokeraddict

    pokeraddict Webmaster

    Occupation:
    Pro Poker Player
    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.
     
  2. Oct 27, 2004
  3. Randy

    Randy Webmaster

    Location:
    Wylie, TX
    It looks like the jackpot is at about $20,000 right now--did someone hit the jackpot last night?
     
  4. Oct 27, 2004
  5. nafanny29

    nafanny29 Dormant account

    Occupation:
    financail adviser
    Location:
    London, England
    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:
     
  6. Oct 27, 2004
  7. bpb

    bpb Banned User - repeated violations of rule 1.14 (tr PABnorogue PABnonaccred

    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).
     
  8. Oct 27, 2004
  9. jpm

    jpm Dormant account

    Isn't that what the IRS does? (More like 50%!) :eek:
     

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