This is the first time that anyone has amassed a win by losing! Yes, a mid-stakes online poker player who hails from Atlanta, Georgia recorded a great win for herself and others playing similar stakes, just by losing and not winning.

There are some tables offered by Absolute Poker where progressive bad beat jackpots are collected from the rake. So players playing these tables tend to lose with four of kind eights or sometimes by using both their hole cards. This is when the jackpot is unleashed.

This is when BUDYLOVE had lost with four nines to a straight flush of king high. With this, BUDYLOVE won $246K for the beat, while the winner of the pot received $131k. The other players of the hand and those playing same stakes for the lucky table shared more than $100k amongst themselves.

The latest win in the jackpot was a little less than the win of the previous Bad Beat Jackpot world record which was recorded by Absolute Poker the last year. It was in August 2007 that KADI, a player hailing from Australia had lost with a 10-high Straight Flush to a King-high Straight Flush.

With this, a Bad Beat Jackpot of $821,670.69 was released. Till date, Absolute Poker holds the record for the largest Bad Beat Jackpot that has been won in the history of online poker.

Online casino news from whichonlinecasino.co.uk

Posted on Wednesday, July 9th, 2008 | Filed under Casino News.
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