On Wednesday, a main progressive slot with an extraordinary payout was won by a player from Australia and others winning the 821,670 dollars new record holder bad beat jackpot of Absolute Poker.com and change in a Texas Hold 'Em hand. The present victory puts in the shade former bad beat jackpots, such as the 739,621 dollars – the Party Poker's bonanza payout. Losing a hand that is an obvious winning favorite in poker is the referred to bad beat. Generally, the effect on even the toughest poker player would send him or her into depression by the 'only if' feeling. However, the arrival of bad beat jackpots indicates that good fortune can evolve from bad luck. At Absolute Poker, on taking a seat at the bad beat jackpot table, whenever a participant takes a loss on a Texas hold 'em hand that holds four eights or more, the participant makes a winning on the main part of the bad beat jackpot, and on Wednesday this is what occurred with the Aussie player. A collection of half a dollar from all qualifying hands is made at the jackpot tables of bad beat poker to assist in building up the jackpot. A continually growing jackpot emerges up to the moment when a player hits a bad beat qualification, when a big percentage of this sum is shared among the hands of the bad beat target and players. KADI, an Australian Internet poker player made a loss on a ten-high straight flush to a king-high straight flush, which was the bad beat occurring at quarter to nine am on the 29 August. KADI's losing hand deposited into her pocket 267, 042. 97 dollars cash money when she was at the seat of one of the bad beat jackpot tables of Absolute Poker. Each participant in the round cashed in 33, 380.37 dollars, and the winner of the jackpot went home with 133, 521.48 dollars. 215, 000 dollars is the present size of the readjusted jackpot. Each qualifying hand contributes half a dollar at set bad beat jackpot tables, and according to David Clainer, the Absolute Poker executive, that amount is increasing by a two thousands dollar per hour on an average. Posted on: September 7, 2007
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