a prize that is paid when a sufficiently strong hand is shown down and loses to an even stronger hand held by another player
Many online and brick and mortar poker rooms offer a bad beat jackpot. In holdem either Aces over full house or four of a kind must lose for this jackpot depending on the house rules. Jackpots range from a few hundred dollar to tens of thousands. Usually both hole cards must be used in both the winning and losing hand. In Omaha usually four jacks or better must lose. Jackpots are usually split 50% to the person with the losing hand, the hand that beat it gets 25% and the rest of the table that was dealt a hand split the remaining 25%.
In some casinos, there are jackpots given to players at a table if one player loses with a big hand against a player with a bigger hand. The qualifying hands for jackpots vary from casino to casino. A standard qualifying hand in Texas Holdem is Aces full of tens or better beaten by four of a kind or better. Bankroll - The money you use to play poker.
This is a reward to a player who loses with a very strong hand in a cash game. Not all games, online sites, and casinos offer a Bad Beat Jackpot, but for those that do, the requirements differ. Card rooms that offer a bad beat jackpot usually finance the jackpot by taking a small percentage of each pot and putting the money into the Jackpot. When a player fulfills the requirements, typically 50% of the money in the jackpot is rewarded to the player who acquired the bad beat (the losing hand), 25% of the money is given to the person who delivered the bad beat (the winning hand), and 25% of the money is divided amongst the remaining players at the table. Other times a small percentage is left in the Jackpot to start off the next pot.
Many poker rooms offer a bad beat jackpot. The hands involved will depend on the house rules but could be 4 of a kind losing to a better hand and often both hands must use the hole cards. Typical split of the jackpot is 50% to the person with the losing hand, 25% to the person with the winning hand 25% to the rest of the table that were dealt a hand.
In our poker room we offer a Jackpot for players that get beaten on extremely strong hands. What qualifies as a Bad Beat Jackpot varies from game to game and you can find all information about it under poker rules.