April 27, 2012 -
WHEN BAD BEATS FEEL GOOD: Within a span of less than four hours Thursday, two tables experienced the ‘joy’ of defeat as losing poker hands netted them a combined $617,524 in the Borgata’s poker room.
Both the high bad beat and the low bad beat hit.
The big one came at approximately 3 p.m., when Marlton, N.J.’s David Henry suffered a brutal loss in a hand where his quad 10’s were bested by Virginian William Warner’s quad Aces.
Fortunately for Henry (and the rest of the table), his loss was also their substantial gain, as his hand qualified for Borgata’s High Bad Beat Jackpot, which had increased to $567,524. Henry was awarded $227,009 while the ‘winner’ of the hand took home the pot plus $113,505. The remaining seven players at the table left with $32,430 each.
Henry’s win came mere hours after Joseph Rispoli, of New Cumberland, W.V., won the low bad beat, walking away with over $20,000 in winnings as his quad 7’s were upended by Steven Signorello’s straight flush, which gave him the pot plus $10,000.
Over the past two months alone, the Borgata Bad Beat Jackpot has hit seven times for $1,404,235, including its largest single-day jackpot of $636,711 in which Chong In Yan, of Bala Cynwyd, Pa., saw his losing hand—a jack-high straight flush—win him $234,685.
In the past 60 days Borgata has given away $1.4 million in Bad Beat Jackpot winnings. Since its inception in December of 2008, Borgata’s Bad Beat program has hit 107 times for $13,256,910.
The Bad Beat jackpot immediately reset to $100,000
Here’s how the Borgata bad beat works.
The Bad Beat applies to the game of Texas Hold’Em only. “Bad Beat” means a high ranking poker hand that is beat by a higher ranking hand (e.g., Four Deuces losing to Four Nines). In order for a hand to be eligible to qualify for a Bad Beat, the pot must meet a minimum of $20. A minimum of four players must be seated and dealt in at the beginning of the hand in order to qualify for the Bad Beat. To qualify for the Bad Beat Jackpot, a player must have four Deuces or better beaten. If the winning or losing player has made a Four-of-a-Kind, that player must have a pocket pair to qualify (example: if a player has four Eights, he/she must have a pocket pair of Eights with two Eights on the board). Both the winning and losing hands must use both of their hole cards to create the highest possible hand.
Four Tens or better beaten wins the HIGH Bad Beat Jackpot amount. Four Deuces to Four Nines beaten wins the LOW Bad Beat Jackpot amount.
The Borgata contributed to this article.