Record-Breaking Poker Jackpot Relaunched

Posted on: March 23, 2013, 05:57h. 

Last updated on: March 22, 2013, 06:36h.

BetVictor Poker recently revamped and relaunched its massive Bad Beat Poker Jackpot with a record-breaking prize pool of €921,603 (those Euros translate to $1,193,291).

“We’re delighted to be able to launch the all-new Bad Beat Jackpot with an industry record-breaking prize pool of over €920,000,” announced Andy Horne, head of poker at BetVictor.

Easier to Win, More Payouts

Suspended earlier this month so that BetVictor could make a few positive changes to the structure for its players, the jackpot can now be won more easily, with more benefiting from the payout too.

“Will it reach €1 million? Who knows.? The changes mean it will be won more often and by more people now,” explained Horne. “The current jackpot will see over €90,000 paid out to opted-in players playing at the same stakes as the winner, so even if you’re not at the table where it hits, you can share in the good fortune, and that’s no bad beat.”

Opt In for Players

Players looking to participate in the Bad Beat Jackpot now need to use the ‘opt-in’ option which can be found on all cash tables above €0.10/€0.20, at which point they will contribute €0.02 to the increasing jackpot each hand they play – a small price to pay for the chance to win a chunk of a big prize.

In order to increase the chances of winning, the new qualifying hand has been reduced from four-of-a-kind eights, to four-of-a-kind deuces.

When the lucky winner manages to sweep up the jackpot, ten percent of the prize pool will be distributed to players who have opted in at the stake level at which the jackpot is hit.

It’s All Yours

In addition, BetVictor, which was established in 1946 and has become one of the world’s leading independent bookmaking and gaming groups, has announced that there will be no administration fees involved, so the complete jackpot will be distributed to the players involved.

With increased chances of winning, and a record-breaking prize pool of almost one million euros just waiting to burst, BetVictor is certainly going to have its flood gates battered down by those looking to play on low-stakes tables with the chance of a decent payout.