UB.com, a part of the CEREUS Network along with its sister room Absolute Poker, continues to offer some of the largest cash game jackpot payouts in the online poker industry. At the moment, two of its jackpots are reaching rarefied air and guaranteeing that a player will walk off with a significant payday.
On Monday, the Bad Beat Jackpot crossed the $500,000 point and, as of this morning, it sat at $566,861.53. This, naturally, has brought out online players in droves to attempt to strike gold.
“Another life-altering jackpot is about to be hit at UB’s online poker tables and it’s all for a losing hand of cards,” stated Annie Duke, UB.com’s Card Room Consultant and one of the site’s sponsored pros. “One lucky Texas Hold’em player is about to win in a day more than most people earn in a year at the office. It’s incredible.”
To take a shot at the UB.com Bad Beat Jackpot, a player must be at one of the Texas Hold’em ring games that have been designated as Jackpot tables. To win the Bad Beat Jackpot, you must lose a hand while holding four of a kind, eights or better. Once this occurs, 50% of the Jackpot is awarded to that losing player, the player who defeated him gets a 25% payout, each player in action at the table earns a $1,000 bonus, and those players at the same stakes take a small payday. UB.com takes a 10% administrative fee and 25% of the old Bad Beat Jackpot seeds the new one.
Using the numbers above, if the Bad Beat Jackpot were hit today, the person who suffered a bad beat would receive $184,229.99, while the winner of the hand would pick up just over $92,114. In September, the UB.com Bad Beat Jackpot was hit by a Texas woman by the handle of “KAPPIT” who, after the money was split up, walked away with a $218,115.71 payday.
For those who prefer the action of Omaha, UB.com also offers a special jackpot to target. The Royal Flush Jackpot guarantees payouts much like the Bad Beat Jackpot, although this one is for making the best hand in Omaha.
To be eligible, players must be in action on the specially designated jackpot Pot Limit Omaha tables on either UB.com or Absolute Poker. When a player makes a Royal Flush in any of the four suits, the jackpot is paid out to the holder of the Royal as well as those players in action on that table and at that level. The Royal Flush Jackpot has currently reached $1,077.38, far exceeding the level when it was last cracked in February by “JASONNIXONAUS” for slightly more than $680.
UB.com sponsors some of the best players in the game, who can often be found in action on the site. Eleven-time World Series of Poker (WSOP) bracelet winner Phil Hellmuth leads Team UB, which also includes Duke, WSOP bracelet winner Brandon Cantu, WSOP Circuit champion Bryan Devonshire, Joe Sebok, and Tiffany Michelle. UB.com, with its association with Absolute Poker under the CEREUS Network banner, is the seventh largest online poker operation in the industry according to PokerScout.com and is the third largest that accepts American players.
