tobytobey 0 Posted January 18, 2010 Share Posted January 18, 2010 From Poker NewsIt 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 - $138,489The remaining seven players at the table each took home $19,784. Link to post Share on other sites
byaaatch 0 Posted January 18, 2010 Share Posted January 18, 2010 From Poker NewsIt 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 - $138,489The remaining seven players at the table each took home $19,784.damn would love to have been sitting at that table. Link to post Share on other sites
redhollywood 0 Posted January 18, 2010 Share Posted January 18, 2010 must be nice Link to post Share on other sites
Lord_anarchy 0 Posted January 18, 2010 Share Posted January 18, 2010 wow we were just talking about the size of the jackpot there at our local game on saturday night. coincidence? i think not Link to post Share on other sites
Balloon guy 158 Posted January 18, 2010 Share Posted January 18, 2010 $20 says Steve Gedney still bitches about his bad beat at least once in the next week....He's a poker player Link to post Share on other sites
Boners_Galore 0 Posted January 19, 2010 Share Posted January 19, 2010 Live poker is rigged. Link to post Share on other sites
Royal_Tour 0 Posted January 19, 2010 Share Posted January 19, 2010 that would suck if it happened at most casino in vegas. pretty sure it needs to be quad 8's or better beaten Link to post Share on other sites
Sick Boy 0 Posted January 19, 2010 Share Posted January 19, 2010 PokerStars would never have a bad beat jackpot, they would be broke within a weak. Link to post Share on other sites
Royal_Tour 0 Posted January 19, 2010 Share Posted January 19, 2010 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. Link to post Share on other sites
Sick Boy 0 Posted January 19, 2010 Share Posted January 19, 2010 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! Link to post Share on other sites
Royal_Tour 0 Posted January 19, 2010 Share Posted January 19, 2010 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. Link to post Share on other sites
Sick Boy 0 Posted January 19, 2010 Share Posted January 19, 2010 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. Link to post Share on other sites
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