Most poker players have dreams of striking it rich playing the game they love. Some have visions of owning the high stakes cash games while others strive to win a huge tournament. Well there is a more unconventional way to see your bankroll skyrocket, and UB is one of the sites giving this opportunity. The proverbial pot of gold in this case is a Bad Beat Jackpot (also known as BBJ).
In fact, not only does UB offer this incredible chance for its players, they have the fastest growing Jackpot available anywhere. Their Bad Beat Jackpot (BBJ) is often hit multiple times in one week, often creating 5 digit plus scores for some very small stakes players. However, the real prize occurs when the Jackpot is not hit for several weeks. For instance, at the time of this writing, the Bad Beat Jackpot has not been hit in only 7 days and the total prize has increased to over $350,000! That just shows how quickly the BBJ rises.
Here's how it works, there are several rules that must be satisfied in order to win a piece of the Jackpot. UB offers special tables with a "jackpot" label on them. In order to be eligible for the pot you must play on one of these tables. In general, the Jackpot tables are Texas Hold'em only and at levels $.25/$.50 and up and not for heads-up tables. To win the Bad Beat Jackpot, you must lose a hand with quad eights or better (8888) and both you and the winner must use both of your hole cards in the hand and it must go to showdown. There must be four or more players dealt into the hand and there must be a rake collected. The Jackpot winner (the loser of the hand) will get 50% of the pot (after UB takes out 25% to start the next BBJ and 10% for the house), and the winner of the hand will receive 25% of the Jackpot. That's an incredible opportunity to turn a stroke of bad luck into a windfall of cash.
One of the best things about UB's Bad Beat Jackpot is the fact that you don't have to be directly involved in the hand to win some money. Everyone else at the same table where the bad beat happens will receive a bonus of $1,000. The only caveat is that you must be "sitting-in" and have been dealt-in to the hand. That's not the end of the cash waterfall that happens when someone hits the Jackpot, though. The remainder of the cash left in the BBJ is split among all of the other players sitting at the same type of game and same stakes as the winners when the Jackpot is hit. For instance, if the BBJ is hit on a no-limit Texas Hold'em full-ring game at $.50/$1, then all other players who qualify (were sitting in on a jackpot table and dealt cards) that were sitting at a $.50/$1 no-limit Hold'em full-ring table will split the remainder. Also, if you are sitting on multiple tables you will receive a share on each table.
So let's go through an example to get an idea on how much everyone would get when the Jackpot hits. We'll use the example of $350,000 in the pot, which is not at all unusual. First, $87,500 would be taken out to start the next BBJ and $35,000 would go to UB, leaving a prize of $227,500. The loser of the hand, being the BBJ winner, would receive half, or $113,750! The winner of the hand will receive $57,865. We will assume that the players were sitting at a $.25/$.50 no-limit Hold'em 6-max table. So the other four players at the same table will receive $1,000. That leaves $51,885 to be split amongst all other players at $.25/$.50 no-limit Hold'em 6-max tables. So let's say there's 50 6-max tables running at these stakes, 50 times 6 players is 300 players splitting $51,885 coming to $172.95 for each player. Remember if you are on multiple tables, you will receive a share on each table, so if you are playing 6 tables, you will get a bonus of $1,037.70. Not bad for just being in the right place at the right time!
As you can see, if you are fortunate enough to win the BBJ, you can instantly win a large influx of cash, maybe not life-changing, but often more than most people make for a year of work. Remember though, that your chances of winning the Jackpot are incredibly small, and even receiving any amount of the pot is a very rare occurrence indeed. Also, $.50 from every qualifying pot is taken to fund the BBJ, which can dramatically effect your overall win-rate, especially at lower stakes. With that in mind, most low-stakes players will never even break even from playing on Jackpot tables. However, at even low stakes, the cost can be easily overcome by the chance to strike it big and by the influx of poor play by weak players looking to strike it rich.
All-in-all, the Bad Beat Jackpot is an incredible opportunity to at the very least make vast improvements to your online bankroll and in the best case scenario, make vast improvements to your lifestyle!
Have you ever come across a confusing poker term? Our poker dictionary has 1224 definitions!
Play for FREE and practice your game at...
Would you like to submit your own poker article to be featured on FTR? You can by clicking here - Submit a Poker Article!