DUBLIN, IRELAND--(Marketwire - Mar 25, 2013) - The new BetVictor Poker Bad Beat Jackpot, relaunched on March 19, has had a torrid time in the first few days of its existence having been won three times in just four days and doling out hundreds of thousands of euro and some incredible bad beat stories itself.
Firstly on Tuesday March 19 the Jackpot was triggered at EUR924,727.51 by a nine-high straight flush which was beaten by a jack-high straight flush at a EUR0.25/EUR0.50 cent table.
The winner of the bad beat (that is, the loser of the hand) was paid EUR370,788.79.
However this triggered a massive bad beat in itself as the winner of the hand had not opted in to the Jackpot for his two cent stake and missed out on EUR184,945.50 which immediately went to seed the next Jackpot. He had to be content with just the EUR81 from the pot itself.
The two other opted in players at the table were paid EUR47,134.16 and all other opted in players at the same stake (EUR0.25/0.50c) were paid EUR897.79 for each table at the same stakes at which they were opted in.
Next up on Thursday March 21 the Jackpot hit at EUR377,029 when four-of-a-kind two's were beaten by four-of-a-kind sixes at a EUR1/EUR2 table.
A monster bad beat ensued as the winner of the bad beat (four-of-a-kind twos) did not opt in and missed out on EUR150,811 while the winner of the hand (four-of-a-kind sixes) did opt in and was paid EUR76,976. One other opted in player at the table was paid EUR39,273 and all other opted in players at the same stake (EUR1/EUR2) were paid EUR1,571 for each table at the same stake at which they were opted in.
Finally on Friday March 22 the EUR227,303 Jackpot was triggered when four-of-a-kind eights were beaten by a royal flush at a EUR1/EUR2 table.
The winner of the bad beat (four-of-a-kind eights) suffered a double blow as they had not opted in and missed out on EUR90,921 while the winner of the hand (royal flush) was doubly rewarded as they did opt in and were paid EUR45,460 on top of the pot they had scooped.
Sadly for everyone else there were no other opted in players at the table and incredibly there were no other opted in players at the same stakes.
Andy Horne, head of poker at BetVictor, said, "What an incredible start to our new Bad Beat Jackpot. We couldn't have written a script as dramatic with the Jackpot paying out three times in four days, winners losing, losers winning and EUR426,000 going unclaimed.
It really is the definition of 'you have to be in to win' and we'd encourage all our cash game players to hit the 'opt in' button or potentially face the bad beat story of a lifetime!"
Since March 19 players who wish to participate in the Bad Beat Jackpot must use the new 'opt-in' option available at all cash tables above EUR0.10/EUR0.20c. Once they are opted-in they will contribute 2c to the Jackpot for each hand played.
The new Jackpot, which currently stands at EUR189,000, has also been made easier to hit with the new qualifying hand reduced to four-of-a-kind twos from four-of-a-kind eights. Now when it does hit it will be shared out amongst all opted-in players at the stakes at which is won so the Jackpot will be won more frequently and reward many more players.
BetVictor (formerly Victor Chandler) was established in 1946 and is one of the world's leading independent bookmaking and gaming groups. With offices in London, Gibraltar and the Far East the company offers a wide range of gaming products tailored to each individual market.