Record Bad Beat Jackpot Paid Out by Caesars Entertainment in Atlantic City

Submitted by Patrick Flanigan on

Written by :

Patrick Flanigan

Published on :

A bad beat jackpot spread out across five different Atlantic City casinos paid out around $800,000 to 411 poker players Monday, the largest amount in two years since inception of the bad beat jackpot concept.  Caesars Entertainment offered the jackpots. 

“Record-setting jackpots were made to be won,” Don Marrandino, Caesars’ eastern division president said in a statement.

Bad beat jackpots are especially popular online at Web cardrooms the likes of Carbon Poker.  They pay out prizes any time a strong hand loses to an even stronger hand held by an opposing player.

The multicasino Texas Hold’em Poker Room Bad Beat Jackpot was introduced by Caesars in 2010 with a starting jackpot of $524,045.

- Patrick Flanagan, Gambling911.com

Related Content

US soldier saluting the flag

Feds Charge Soldier With Using Classified Intel to Win $400K on Polymarket

A U.S. special forces soldier involved in the military operation to capture Venezuelan President Nicolás Maduro has been charged with using classified information about the mission to win more than $400,000 in an online betting market, federal officials announced Thursday.
Spiked drink

Vegas Ketamine-Spiking Case Still Expected to Go to Trial After No Settlement Reached Last Week

A former sports agent Dwight Manley claims he was drugged with ketamine while gambling at the MGM Grand in Vegas in 2021
Kalshi

Congressional Candidates From Minnesota, Virginia and Texas Fined By Kalshi for Betting on Their Own Elections

A Republican, a Democrat and an Independent have each been fined by Kalshi for allegedly betting on their own elections.
Spiked drink

MGM Vegas Ketamine-Spiking Lawsuit Filed By Super Agent: Says He Lost $2 Million Gambling (No Settlement))

Gambling911.com can confirm that, while a settlement conference took place in recent days, no settlement has been reached as of yet.