A bad beat jackpot is a poker bonus offered by cardrooms and casinos that pays the losing player with a strong hand if they lose to an even stronger hand. The player with the strongest losing hand gets the biggest part of the jackpot, the winner receives the second-largest amount, and the remaining sum is split between the rest of the players that were in the hand.
Bad Beat Jackpot Poker Example:
Let’s say you’re playing at a poker table that offers a bad beat jackpot of $1,000 and a 50/25/25 split. You make a full house hand but lose to a four-of-a-kind hand. You would get $500, the winning player would get $250, and the remaining $250 amount would be divided between other players.