There are bad beats, and now there is a Mega Bad Beat: The six Seminole casinos poker rooms begin accumulating a unique jackpot come Dec. 1.
A bad beat in poker parlance is when an outstanding hand loses out to an unbelievably good one. For this bad beat to hit, someone will have to have four 10s, and lose. That's a little higher than normal: Many poker rooms have a floor of a full house of aces over jacks.
But it'll pay better, too. It's almost like a linked progressive slot jackpot, culling money from six places, instead of one.
“Based on our current weekly play, we estimate the Mega Bad Beat Jackpot will accrue at about $50,000 per week and generally we see a bad beat hand every four to six weeks,” said Peter Arsenis, director of poker operations for the Seminole Hard Rock Hotel & Casino Hollywood.
He puts the jackpot often at $250,000.
Dealers will rake $1 from each pot of $10 or greater from each of the six Seminole Poker rooms.
The Hard Rock Hollywood, Hard Rock Tampa, and casinos in Hollywood, Coconut Creek, Brighton and Immokalee. Jackpot amounts will be updated daily and displayed at the poker rooms.
At least four players must be dealt in a qualifying table. Tables with less than four players will not have a jackpot drop. Multi-table tournaments are excluded from winning the Mega Bad Beat Jackpot. Single-table tournaments are eligible until less than four players remain.
How the Mega Bad Beat will be awarded:
50 percent to the loser's hand;
30 percent to the winning hand;
20 percent divided among the rest of the table.