As for a two-day old poker network this could not be much more fitting. The Internet Texas Holdem gambler, who has been registered with UltimateBet many days ago, this gambler, has got over 250,000 dollars gambling Texas Holdem Poker at tables of UltimateBet Bad Beat Jackpot.

Because of the significantly enlarged gambler CEREUS’ base, the Bad Beat Online Jackpot at the poker site had been $789,827.72 by Thursday morning before a poker gambler holding a straight flush in his hand playing Texas Holdem was lost.

The similar loss at usual Texas Holdem tables would make any poker gambler devastated. However, the tables of UltimateBet Bad Beat Online Jackpot pay for losing.

Such Jackpots are like usual Hold’em poker in the company of an additional jackpot component. Plus to rake, $0.50 is gathered from qualifying online poker hands and put into a pot that grows regularly until somebody wins the jackpot. When a hand is lost by the online poker gambler with four eights or something better, jackpot’s 65 per cents is divided just among Bad Beat Jackpot gamblers (for the next jackpot 25 per cent is put in the pot and 10 per cent is taken as administrative fees). All gamblers at a Bad Beat Jackpot table have the similar game type and limit as where Bad Beat happened also hit jackpot’s piece.

On Tuesday, UltimateBet made known that it had already completed UltimateBet’s transition to the CEREUS Poker Network, giving online poker gamblers a mass of new traits and giving a promise of higher Bad Beat Jackpots, hotter promotions, and bigger tournaments.