BetOnline Bad Beat Jackpot Approaching Half Million Mark
Despite a busy weekend of action at BetOnline Poker´s cash tables, the Bad Beat Jackpot remains intact and is quickly approaching half a million dollars.
If you feel you are getting more than your fair share of bad beats at present, the place to direct your cash game action should be BetOnline Poker. Since the site´s Bad Beat Jackpot was [geolink href=”https://www.usafriendlypokersites.com/bbj-won-traffic-continues-flow-betonline-poker/”]last won in February[/geolink] the Jackpot prize pool has been growing quickly and it now exceeds $490,000.
The current prize pool is $100,000 more than when “ONEnDONE” lost with flopped Quad Jacks against the rivered Quad Aces of “HslHoff”; so, if the Jackpot was won today, the loser of the hand would collect around $171,500, and the winner $85,750.
One of the great things about this promotion is that you do not even have to be involved in a qualifying hand to share in the Jackpot. When the Jackpot was last won, the seven players not involved in the hand each collected $9,795 – just for being in the right place at the right time.
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You do not even have to be involved in a qualifying hand to share in the Jackpot.
How the BetOnline Bad Beat Jackpot Works
BetOnline Poker´s Bad Beat Jackpot gets paid out when a player loses a hand with Quad Jacks or better provided the hand fulfills a few qualifying conditions. These are that the hand takes place on one of BetOnline Poker´s special Jackpot tables, that a minimum of four players are dealt into the hand, and that the losing hand includes both hole cards.
The special Jackpot tables are all NL Hold´em tables with minimum blinds of $0.50/$1.00. At these tables, an extra $0.10 is taken for each $4.00 in the pot (up to a maximum $0.50) and added to the progressive Bad Beat Jackpot prize pool. The speed at which the prize pool has been growing would indicate that players do not object to the extra rake.
When a qualifying hand is played, the loser of the hand will receive 35% of the Jackpot prize pool. The winner of the hand collects 17.5% in addition to whatever they win in the hand, and 17.5% of the prize pool is distributed between the other players dealt into the hand. The remaining 30% will seed the next Bad Beat Jackpot at BetOnline Poker.
Plenty of Action Forecast for the Week Ahead
As if the opportunity to share in half a million dollars was not a big enough incentive to drive players to the tables, there is plenty more happening at BetOnline this week. The last cash race of the month got underway last night, and the features on the new BetOnline Poker mobile app have been improved to give players the opportunity to multitable four tables at a time.
With it being the last week of the month, satellites are in full swing for the site´s monthly $100,000 guaranteed tournament next Sunday (7:00pm ET). There are six $11.00 satellites from Monday to Friday, each guaranteeing a minimum of two seats in the target event. An extra satellite guaranteeing four seats is scheduled for Saturday, or you could leave it to the last minute and qualify via either of two hyper satellites scheduled for next Sunday.
Players who want to maximize their ROI in the monthly tournament can take advantage of a Steps program feeding into the $109.00 buy-in event. Each of the four steps is a 6-Max turbo Sit & Go, with buy-ins of $0.24, $0.67, $3.66 and $19.99. Players can start their Steps campaign at any of the four levels, or qualify for the first step via a freeroll tournament that is scheduled for next Friday evening at 7:30pm (ET).
Will You be In the Right Place at the Right Time?
You can´t win the Bad Beat Jackpot if you are not playing at the site, so head on over to BetOnline Poker today to get involved in the action and make sure you are in the right place at the right time. Please note, if you are intending to play from your mobile, and you do not yet have a BetOnline account, you will have to create your account first from a desktop computer. You can find out more about this process in my [geolink href=”https://www.usafriendlypokersites.com/betonline-poker/”]BetOnline Poker review[/geolink].