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Jackpot Poker Online You Can Win Up to $100K in Minutes... But Ruining the Game?

Written by:
Ace King
Published on:
Dec/31/2018
  • Americas Cardroom promises regular buy-in amounts for Jackpot Poker games are $2, $10, $25, or $40!

  • Opportunity to win up to $100,000 in minutes and up to 2500 the buy-in

  • One player says that Jackpot Poker is ending the game as we know it

  • Some Vegas poker rooms jacking up their rake thanks to the game


CLAIM YOUR SIGNUP BONUS UP TO $1000 - MILLION DOLLAR GUARANTEED ONLINE TOURNAMENTS

Let's Talk Jackpot Poker

What's the hot trend in online poker today? Why Jackpot Poker, but of course.

Americas Cardroom's Jackpot Poker promises a winning possibility of up to $100,000 (they don't withhold for tax purposes) with buy-ins as low as $2, as well as $10, $25 or $40.

The randomly drawn tournament prize pool will award between 2 and 2,500 times the buy-in.

Games include fast-paced, 3-max player, Hyper-Turbo Sit & Go tournaments with a starting stack of 500 chips and 3 minute levels.

From Americas Cardroom:

"Jackpot Poker is a ‘winner-takes-all’ tourney unless one of the three highest prize tiers hits. In these cases, there is a default distribution, but the players can also decide to make a deal."

See below for the prizes and frequency for each Jackpot Poker tourney you can play and be sure to scroll down for more

Jackpot Poker isn't just online.  It's showing up at the poker rooms in places like Las Vegas.

And not everyone is thrilled with the concept.

2019 The End of Poker?

RedOak at the TwoPlusTwo.com forum writes of his recent experience:

Two major poker rooms in Vegas (Venetian & Red Rock) are jacking up their rakes to ring in the new year. Why? To fuel ever increasing jackpot poker insanity. It is bad enough that jackpot poker ever became a thing with $1 extra sucked out of the poker economy every hand. Now that is being raised to $2 per pot. Back in 1988 in Vegas, the rake was 5%, $2 max, no jackpot. Then it went to $3, then 10% & $4, then $4+$1 jackpot, now it will be $4 + $2 jackpot or $5+$2 jackpot. I come to play poker, not to be forced to buy a keno/lottery ticket every time I win a pot. Then if you hit, you have to pay 30% tax on $50,000+ and the rest of the money will never be put back into the poker economy. Low limit games are now virtually unbeatable for 90%+ of players. If you need to raise the rake due to inflation, then fine, but you need to raise the stakes too. Make the 1-2 game at least a 1-3 game. (at least the Venetian is going to 1-3NL from 1-2NL)

If poker rooms insist on silly jackpots, they should allow a player to opt out and give them an opt-out button so everytime they win a hand, they get their $2 jackpot rake refunded on the spot. This will save a typical player $20 a night. If you play 3 times a week that is an extra $250 a month in take-home money. How many have had over $3,000 returned to them in jackpots over the course of a year? I would bet not many.

The gaming commission should step in and either outlaw jackpot poker or regulate it. At the very least, the total jackpot rake from the prior day should be publicly displayed along with the total amount of jackpot money held in reserve. Afterall, it is the players' money!

I wonder how many poker room managers would like to have $500 taken out of their paychecks each time and then randomly given back $500 to $3,000 zero to 4 times a year and then maybe $50,000 once every 40 years to get them back to "even". The variance in poker is big enough as it is. Why do poker managers feel they have a right to make this variance even higher by the bastardization of poker via the introduction of jackpot poker rakes?!

RIP Poker 2019.

- Ace King, Gambling911.com

 

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