Jump to content


New Record For Bad Beat Jackpot Set


  • Please log in to reply
11 replies to this topic

#1 tobytobey

tobytobey

    It's a me....Mario!

  • Members
  • 1,395 posts
  • Location:Cleveland, Ohio

Posted 18 January 2010 - 12:11 PM

From Poker News

It isn't often that a player takes a monster beat and still finds himself a winner, but for Steve Gedney, his recent Bad Beat Jackpot win at Caesars Atlantic City paid off in spades when his quad fours fell victim to rivered quad Aces. Although he lost the hand, Gedney walked away a monster winner, taking the record for the largest Bad Beat payout to date -- $553,958.

The heads at Caesars are thrilled that Gedney's win has helped draw attention to the casino's poker room. "This is an unforgettable day for everyone at Caesars, especially our loyal players and dedicated poker team," said Joe Domenico, senior vice president and general manager of Caesars Atlantic City.

"The energy building in our poker room over these past months has been incredible and to see it culminate in this record setting jackpot couldn't be more rewarding. As the leader in table games action in Atlantic City for over 30 years it seems only fitting that this record Bad Beat Jackpot stay at Caesars," he said.

The Bad Beat Progressive Jackpot at Caesars Atlantic City is a prize paid when the four-of-a-kind is shown down and the player loses to an even stronger hand held by another player. When a jackpot is won, it is split among all players sitting at the table at the time of the bad beat with the losing hand getting the largest share. The breakdown sees 50 percent go to the losing player, 25 percent goes to the winning player, and the remaining seven players that the table see the last 25 percent equally divided amongst them.

Bad Beat Jackpot Payouts:

Losing Hand, First Place: Steve Gedney - $276,979.
Winning Hand, Second Place: Chris Dobrzanski - $138,489

The remaining seven players at the table each took home $19,784.

What is the proper way to measure yourself against other forum members..........by Member#

#2 byaaatch

byaaatch

    Weeee I can change my title

  • Members
  • 1,277 posts
  • Gender:Male
  • Location:HI

Posted 18 January 2010 - 12:18 PM

QUOTE (tobytobey @ Monday, January 18th, 2010, 12:11 PM) <{POST_SNAPBACK}>
From Poker News

It isn't often that a player takes a monster beat and still finds himself a winner, but for Steve Gedney, his recent Bad Beat Jackpot win at Caesars Atlantic City paid off in spades when his quad fours fell victim to rivered quad Aces. Although he lost the hand, Gedney walked away a monster winner, taking the record for the largest Bad Beat payout to date -- $553,958.

The heads at Caesars are thrilled that Gedney's win has helped draw attention to the casino's poker room. "This is an unforgettable day for everyone at Caesars, especially our loyal players and dedicated poker team," said Joe Domenico, senior vice president and general manager of Caesars Atlantic City.

"The energy building in our poker room over these past months has been incredible and to see it culminate in this record setting jackpot couldn't be more rewarding. As the leader in table games action in Atlantic City for over 30 years it seems only fitting that this record Bad Beat Jackpot stay at Caesars," he said.

The Bad Beat Progressive Jackpot at Caesars Atlantic City is a prize paid when the four-of-a-kind is shown down and the player loses to an even stronger hand held by another player. When a jackpot is won, it is split among all players sitting at the table at the time of the bad beat with the losing hand getting the largest share. The breakdown sees 50 percent go to the losing player, 25 percent goes to the winning player, and the remaining seven players that the table see the last 25 percent equally divided amongst them.

Bad Beat Jackpot Payouts:

Losing Hand, First Place: Steve Gedney - $276,979.
Winning Hand, Second Place: Chris Dobrzanski - $138,489

The remaining seven players at the table each took home $19,784.


damn would love to have been sitting at that table.


#3 redhollywood

redhollywood

    Poker Forum Regular

  • Members
  • 231 posts
  • Gender:Male
  • Location:Mobile, AL
  • Favorite Poker Game:omaha hi

Posted 18 January 2010 - 01:05 PM

must be nice
Let's gamble.

#4 Lord_anarchy

Lord_anarchy

    Poker Forum Groupie

  • Members
  • 683 posts
  • Favorite Poker Game:Omaha Hi

Posted 18 January 2010 - 01:38 PM

wow we were just talking about the size of the jackpot there at our local game on saturday night. coincidence? i think not
"We will show them our hearts, then we will shown them their's"

#5 Balloon guy

Balloon guy

    Respect my Raises!!!!!!

  • Members
  • 22,224 posts
  • Gender:Male
  • Location:So Cal
  • Interests:Cigars, Flying, Golf, Bible
  • Favorite Poker Game:Golf

Posted 18 January 2010 - 01:40 PM



$20 says Steve Gedney still bitches about his bad beat at least once in the next week....


He's a poker player
I use my cigar smoke as idiot repellent


"The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of the Conservatives is to prevent the mistakes from being corrected." G.K. Chesterson 1900

View Posttimwakefield, on 18 April 2012 - 10:38 AM, said:

Things are only rights because the government decides they should be rights.

#6 Boners_Galore

Boners_Galore

    Poker Forum Nut

  • Members
  • 262 posts
  • Gender:Male
  • Location:Howell, NJ
  • Interests:I enjoy long . . . hard . . . poker sessions.
  • Favorite Poker Game:No Limit Hold-em and Pot-Limit Omaha

Posted 18 January 2010 - 08:00 PM

Live poker is rigged.
"Somebody please turn off the DOOM switch."

"I have nothing to add. However, I can't believe Boners Galore is not a joke account."


#7 Royal_Tour

Royal_Tour

    Sherlock Holmes of butt sex

  • Members
  • 14,322 posts
  • Location:Ontario

Posted 19 January 2010 - 10:41 AM

that would suck if it happened at most casino in vegas.

pretty sure it needs to be quad 8's or better beaten



#8 Sick Boy

Sick Boy

    Poker Forum Veteran

  • Members
  • 1,989 posts
  • Gender:Male
  • Location:New Zealand
  • Favorite Poker Game:Texas Holdem, HORSE

Posted 19 January 2010 - 11:13 AM

PokerStars would never have a bad beat jackpot, they would be broke within a weak.

#9 Royal_Tour

Royal_Tour

    Sherlock Holmes of butt sex

  • Members
  • 14,322 posts
  • Location:Ontario

Posted 19 January 2010 - 11:19 AM

QUOTE (Sick Boy @ Tuesday, January 19th, 2010, 11:13 AM) <{POST_SNAPBACK}>
PokerStars would never have a bad beat jackpot, they would be broke within a weak.



joke kinda missed.

mostly because they have a higher rake to pay for the bad beat jackpot. and the amount it gets reset too would never break a company like Pstars.

they could give every member of their site $1000 and still be in the Black for this quarter.



#10 Sick Boy

Sick Boy

    Poker Forum Veteran

  • Members
  • 1,989 posts
  • Gender:Male
  • Location:New Zealand
  • Favorite Poker Game:Texas Holdem, HORSE

Posted 19 January 2010 - 11:28 AM

QUOTE (Royal_Tour @ Tuesday, January 19th, 2010, 12:19 PM) <{POST_SNAPBACK}>
joke kinda missed.

mostly because they have a higher rake to pay for the bad beat jackpot. and the amount it gets reset too would never break a company like Pstars.

they could give every member of their site $1000 and still be in the Black for this quarter.


If it were not for this well timed explanation, I may have gone on living my life thinking that PS does not have a bad beat jackpot because it deals quads over quads to often.

Thanks for correcting me, I was completely wrong!

#11 Royal_Tour

Royal_Tour

    Sherlock Holmes of butt sex

  • Members
  • 14,322 posts
  • Location:Ontario

Posted 19 January 2010 - 11:31 AM

QUOTE (Sick Boy @ Tuesday, January 19th, 2010, 12:28 PM) <{POST_SNAPBACK}>
If it were not for this well timed explanation, I may have gone on living my life thinking that PS does not have a bad beat jackpot because it deals quads over quads to often.

Thanks for correcting me, I was completely wrong!



Just trying to help you smooth out your material.

If you wanna make it in this world, you gotta be fresh and sharp.



#12 Sick Boy

Sick Boy

    Poker Forum Veteran

  • Members
  • 1,989 posts
  • Gender:Male
  • Location:New Zealand
  • Favorite Poker Game:Texas Holdem, HORSE

Posted 19 January 2010 - 11:36 AM

QUOTE (Royal_Tour @ Tuesday, January 19th, 2010, 12:31 PM) <{POST_SNAPBACK}>
Just trying to help you smooth out your material.

If you wanna make it in this world, you gotta be fresh and sharp.


lolz, thanks for that.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users