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Seminole Casino's Mega Bad Beat hit in Tampa marks its 20th! | Business

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Seminole Casino's Mega Bad Beat hit in Tampa marks its 20th!
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Seminole Casino's Mega Bad Beat hit in Tampa marks its 20th!

Tampa, FL -- The Seminole Casinos Mega Bad Beat Jackpot is back home again.

After visiting the east coast of Florida at sister property, Seminole Hard Rock Hotel & Casino, Hollywood on April 30 for $200,158 and May 19 for $228,909, a table of poker players hit for $121,851 at Seminole Hard Rock Hotel & Casino, Tampa on May 21.

The bad beat last hit in Tampa on Mar. 23 for $114,396.

Alex M. won $60,922 with his “losing” hand of 10 high straight flush, beaten by Nicholas F., who took home $36,553 with queen high straight flush. The six remaining players at the table won $3,047 each.

A bad beat jackpot occurs when a seemingly unbeatable hand of at least four 10s loses to an even better hand. Once it’s won, the jackpot immediately resets at $100,000; something done only at Seminole Casinos in Florida.

Seminole Hard Rock Hotel & Casino, Tampa has now paid out the Mega Bad Jackpot 19 times for a huge total of $4,641,665.

The Seminole Casinos approach to larger, more frequent bad beat jackpots has now paid players a total of $7,413,726 in 33 jackpots since it began in December 2009.

The Seminole Casinos’ approach to larger, more frequent bad beat jackpots is funded by a $1 contribution from each pot of $10 or greater at the poker rooms in six Seminole casinos: Seminole Hard Rock Hotel & Casino Hollywood, Seminole Hard Rock Hotel & Casino Tampa, Seminole Casino Coconut Creek, Seminole Casino Immokalee, Seminole Casino Brighton, and Seminole Casino Hollywood.  

Fifty percent of the Seminole Mega Bad Beat prize pool is awarded to the qualifying losing hand; 30 percent to the qualifying winning; and 20 percent divided among the remaining players.

On January 8, 2011, the State of Florida bad beat jackpot record was set at Seminole Hard Rock Hotel & Casino, Tampa when $584,864 was hit.  
 

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