Over $1.4 Million Awarded in Past Two Months
Atlantic City, NJ (April 27, 2012) - Within a span of less than four hours yesterday, two tables experienced the ‘joy' of defeat as losing poker hands netted them a combined $617,524 at Borgata Hotel Casino & Spa in Atlantic City. In the past 60 days Borgata has given away an astounding $1.4 million in Bad Beat Jackpot winnings.
At approximately 3PM on Tuesday afternoon, Marlton, NJ native David Henry suffered a brutal loss in a hand where his quad 10's were bested by Virginian William Warner's quad aces. Fortunately for David (and the rest of the table), his loss was also their substantial gain, as his hand qualified for Borgata's HIGH Bad Beat Jackpot; set at $567,524. David was awarded $227,009 while the ‘winner' of the hand took home the pot plus $113,505. The remaining seven players at the table left with $32,430 each. Henry's win came mere hours after Joseph Rispoli of New Cumberland, WV won the LOW Bad Beat, walking away with over $20,000 in winnings as his quad 7's were upended by Steven Signorello's straight flush, which gave him the pot plus $10,000.
Over the past two months alone, the Borgata Bad Beat Jackpot has hit seven times for $1,404,235, including its largest single-day jackpot of $636,711 in which Chong In Yan of Bala Cynwyd, PA saw his losing hand - a jack-high straight flush - win him $234,685.
Since its inception in December of 2008, Borgata's Bad Beat program has hit 107 times for $13,256,910.
The Bad Beat jackpot immediately reset to $100,000
ABOUT BAD BEAT
The Bad Beat shall apply to the game of Texas Hold'Em only. “Bad Beat” means a high ranking poker hand that is beat by a higher ranking hand (e.g., Four Deuces losing to Four Nines). In order for a hand to be eligible to qualify for a Bad Beat, the pot must meet a minimum of $20. A minimum of four players must be seated and dealt in at the beginning of the hand in order to qualify for the Bad Beat. To qualify for the Bad Beat Jackpot, a player must have four Deuces or better beaten. If the winning or losing player has made a Four-of-a-Kind, that player must have a pocket pair to qualify (example: if a player has four Eights, he/she must have a pocket pair of Eights with two Eights on the board). Both the winning and losing hands must use both of their hole cards to create the highest possible hand.
***Four Tens or better beaten wins the HIGH Bad Beat Jackpot amount. Four Deuces to Four Nines beaten wins the LOW Bad Beat Jackpot amount.
ABOUT BORGATA HOTEL CASINO & SPA
Located at Renaissance Pointe in Atlantic City, Borgata Hotel Casino & Spa features 2,000 guest rooms and suites; 161,000 square feet of gaming; 182 gaming tables; 3,475 slot machines; an 85-table poker room; 11 retail boutiques; 6 acclaimed fine dining restaurants by renowned chefs; 6 casual dining options; a 54,000 square foot spa; 70,000 square feet of event space; 4 signature nightlife experiences; and parking for 7,100 cars. The resort also features Atlantic City's first cosmopolitan hotel experience, The Water Club at Borgata, with 800 guest rooms and suites; a 36,000 square foot spa; 18,000 square feet of meeting space; 6 designer retail boutiques; and 5 heated indoor and outdoor pools.
For more information on Borgata or to obtain a copy of this press release, please visit www.theborgata.com or follow Borgata on twitter.com/BorgataAC.
For more information on Borgata Hotel Casino & Spa, please contact Brian Brennan at firstname.lastname@example.org