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Absolute Poker’s Bad Beat Jackpot Players Claim Over $6.5 Million in 2007 Absolute Poker’s 2007 Bad Beat Jackpot figures indicate that over $6.5 Million in jackpot winnings were claimed by online poker players.

After a tricky year, it’s good news for Absolute Poker as the online poker room releases its 2007 Bad Beat Jackpot figures and the numbers are pretty impressive.

“2007 was an extremely profitable year for our Bad Beat Jackpot players,” stated David Clainer, Senior Vice President for Absolute Poker. “In just six months, we introduced the Bad Beat Jackpot game to US players, handed out over $6.5 million in Bad Beat Jackpot winnings, and broke an industry record.”

Absolute Poker introduced Bad Beat Jackpot to its lineup of online poker games on in June 2007. Since then, Absolute Poker has become one of the most popular destinations for players looking to grab a piece of the multi-million dollar Bad Beat Jackpot pie.

A glance at the 2007 Bad Beat Jackpot data released reveals the total of all jackpots hit is $8,555,664, with $821,670.69 being the biggest ever single Bad Beat Jackpot pay out.

Bad Beat Jackpot is just like regular Texas Hold’em but with a slight twist. When seated at a Bad Beat Jackpot table, if a player loses a Texas Hold’em hand holding four 8s or anything better, they’ll win a large piece of the Bad Beat Jackpot.

To help the jackpot build, $0.50 is collected from qualifying hands at Bad Beat Jackpot tables. The jackpot keeps growing until someone hits a qualifying bad beat, at which time a large percentage of it is distributed amongst the bad beat victim and the participants in the online poker hand.

The next player to lose a hand holding four 8s or anything better will win a large piece of the new jackpot. The participants in the bad beat hand will also share in the jackpot.