DUBLIN, IRELAND -- (Marketwire) -- 03/18/13 -- Editors Note: There is one image associated with this press release.
The BetVictor Poker Bad Beat Jackpot is re-launched tomorrow March 19, 2013 with a staggering, all-time industry high of EUR921,603 in the prize pool.
The Jackpot, suspended earlier this month to enable a number of changes, will now be more easily won and when it is won a lot more people will benefit from the payout.
From tomorrow players who wish to participate in the Bad Beat Jackpot must use the new 'opt-in' option available at all cash tables above EUR0.10/EUR0.20c. Once they are opted-in they will contribute 2c to the Jackpot for each hand played.
To make the new Jackpot easier to hit the new qualifying hand is being reduced to four-of-a-kind twos from four-of-a-kind eights. When it does hit 10 percent of the Jackpot will be shared out amongst all opted-in players at the stakes at which it is won. Currently that means that over EUR90,000 will be shared among to opted players at the same stakes so the Jackpot rewards many more players.
Additionally there will also be no admin fee so 100 percent of the collected monies is now paid out to players.
Head of poker at BetVictor, Andy Horne, said, "We're delighted to be able to launch the all new Bad Beat Jackpot with an industry-record breaking prize pool of over EUR920,000.
"Will it reach EUR1 million? Who knows! The changes mean it will be won more often and by more people now. The current Jackpot will see over EUR90,000 paid out to opted in players playing at the same stake as the winner so even if you're not at the table where it hits you can share in the good fortune and that's no bad beat!"
BetVictor (formerly Victor Chandler) was established in 1946 and is one of the world's leading independent bookmaking and gaming groups. With offices in London, Gibraltar and the Far East the company offers a wide range of gaming products tailored to each individual market.
To view the image associated with this press release, please visit the following link: http://www.marketwire.com/library/20130318-BetVictor_Poker_Bad_Beat_fig01_mar18.jpg
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