Level 1 isn't so bad. What drives me nuts is when other people think it's bad. It probably drives you. Poker legend Phil Ivey nearly won another title to add to his already incredible resume, a high roller event in Sochi. And it was thanks to a brutal bad beat for one of his opponents, although. 22:16:06.912 MSG Version 6.27: Win64: G6-24513 22:16:06.918 MSG Connecting to wss://www.realdealpokerh20.net:8088. 22:16:06.935 MSG WebSocket Connection Error 22.
Seneca Gaming & Entertainment
QUALIFIERS FOR JACKPOT:
Texas Hold 'em: A player must lose with four deuces (2,2,2,2) or better to a higher 4 of a kind or better.
Both the winning and losing hands must play both of their hole cards (pocket pair for 4 of a kind).
Seven Card Stud: A player must lose with four deuces (2,2,2,2) or better to a higher 4 of a kind or better.
Both the winning and losing hands must use at least one hole card.
Omaha All Varieties: A player must lose with four nines (9,9,9,9) or better to a higher 4 of a kind or better.
Both the winning and losing hands must play two of their hole cards (pocket pair for 4 of a kind).
For all jackpots, there will be a table requirement that the pot must have a minimum of $20,
a minimum of five (5) players must be at the table for Texas Hold'em and Omaha and a minimum of four (4) players must be at the table for Stud.
PRIZE DISTRIBUTION:
Whenever a jackpot is hit, the day's posted amount will be divided accordingly.
50% to losing hand (second best hand)
25% to winning hand
25% equally divided between eligible remaining players at the table who do not have a 'missed blind' button.
If a player is a Seneca Gaming and Entertainment employee the winnings of the employee will be replaced back into the secondary jackpot.
The player with the 'Bad Beat' (2nd best hand) will receive 50% of the posted amount, the player with the winning hand will receive 25% of the posted amount, and the remaining 25% will be equally divided between the remaining players at the table who do not have a 'missed blind' button.
All players must have money at the table or be playing behind, to qualify for the Bad Beat Progressive.
If two players lose with hands that qualify for bad beats in the same hand, only the higher of the two losing hands will constitute a bad beat.
Adjustments to the posted Bad Beat Jackpot amount may be made at the discretion of the house.
All employees are ineligible for any Bad Beat progressive payouts.
COLLECTION SCHEDULE:
Games that qualify for the 'Bad Beat' collection are all games of $5/$5 and smaller BLINDS. In all of these games $2.00 chip/token are taken from every pot when the pot reaches $20.
Only $2 Chips/tokens will be put into the 'Bad Beat' boxes. The $2 chip/token are placed on the left side of the dealer on the drop slot. The $2 chip/token is only dropped into the 'Bad Beat' box after all hands are mucked, the pot is pushed to the winner, and the house rake is dropped.
DROP PROCEDURES:
1. The $2.00 chip/token are placed on the left side of the dealer in front of the drop slot
2. Muck all losing hands
3. Push pot to the winning hand
4. Drop the house rake
5. Drop the $2.00 chip/token 'Bad Beat' chip
DISQUALIFIERS:
Poker Bad Beats Live
1. A fouled deck
2. Players talking about a potential jackpot
3. Less than five (5) players
4. Less than $20 in the pot, not counting the rake
COLLECTION DISBURSEMENTS:
The money collected for the Bad Beat Jackpot is distributed into three (3) distinct accounts accordingly for each game as listed:
1. Fifteen percent (15%) to the primary jackpot
2. Five percent (5%) to the secondary jackpot
3. Eighty percent (80%) to the promotional jackpot*
The above percentages are effective with the following day's drop.
*The promotional jackpot will include all games and will be distributed accordingly with no regard to which game is being played at the time of distribution, thus making all games eligible for promotional giveaways.
Promotions include, but are not limited to, promotional merchandise and other promotional programs designed by Seneca Gaming and Entertainment.
Does ignite stack.
Seneca Gaming & Entertainment reserves the right to modify or discontinue this promotion at any time without notice.
IRS Requirements
1. Bad Beat falls under table games wagering transaction where a posted jackpot is paid.
2. For US Residents, an IRS Form W2-G is required for Bad Beat winnings with a value of $600 or more and withholdings are required at $5,000.
3. Foreign citizens will be issued an IRS Form 1042-S and 30% withholdings are required
4. All transactions over $10,000 will require an IRS Currency Transaction Report (CTR).
Cage Controls
A record of each winner receiving non-cash prizes with a value of $25 or more will be maintained by the poker room cage and turned into accounting on a monthly basis.
At the end of the calendar year, the patrons who have received cash and non-cash prizes totaling $600 or more will receive an IRS Form 1099.
Winners are responsible for all applicable taxes and fees. Residents of foreign countries will be subject to 30% withholdings on all payouts. Seneca Gaming & Entertainment reserves the right to modify or discontinue these events at any time without notice. SG&E will not be held responsible in the event of typographical errors, misinformation on the website or printed material pertaining to this promotion, and players will have no claim in these matters.
QUALIFIERS FOR JACKPOT:
Texas Hold 'em: A player must lose with four deuces (2,2,2,2) or better to a higher 4 of a kind or better.
Both the winning and losing hands must play both of their hole cards (pocket pair for 4 of a kind).
Seven Card Stud: A player must lose with four deuces (2,2,2,2) or better to a higher 4 of a kind or better.
Both the winning and losing hands must use at least one hole card.
Omaha All Varieties: A player must lose with four nines (9,9,9,9) or better to a higher 4 of a kind or better.
Both the winning and losing hands must play two of their hole cards (pocket pair for 4 of a kind).
For all jackpots, there will be a table requirement that the pot must have a minimum of $20,
a minimum of five (5) players must be at the table for Texas Hold'em and Omaha and a minimum of four (4) players must be at the table for Stud.
PRIZE DISTRIBUTION:
Whenever a jackpot is hit, the day's posted amount will be divided accordingly.
50% to losing hand (second best hand)
25% to winning hand
25% equally divided between eligible remaining players at the table who do not have a 'missed blind' button.
If a player is a Seneca Gaming and Entertainment employee the winnings of the employee will be replaced back into the secondary jackpot.
The player with the 'Bad Beat' (2nd best hand) will receive 50% of the posted amount, the player with the winning hand will receive 25% of the posted amount, and the remaining 25% will be equally divided between the remaining players at the table who do not have a 'missed blind' button.
All players must have money at the table or be playing behind, to qualify for the Bad Beat Progressive.
If two players lose with hands that qualify for bad beats in the same hand, only the higher of the two losing hands will constitute a bad beat.
Adjustments to the posted Bad Beat Jackpot amount may be made at the discretion of the house.
All employees are ineligible for any Bad Beat progressive payouts.
COLLECTION SCHEDULE:
Games that qualify for the 'Bad Beat' collection are all games of $5/$5 and smaller BLINDS. In all of these games $2.00 chip/token are taken from every pot when the pot reaches $20.
Only $2 Chips/tokens will be put into the 'Bad Beat' boxes. The $2 chip/token are placed on the left side of the dealer on the drop slot. The $2 chip/token is only dropped into the 'Bad Beat' box after all hands are mucked, the pot is pushed to the winner, and the house rake is dropped.
DROP PROCEDURES:
1. The $2.00 chip/token are placed on the left side of the dealer in front of the drop slot
2. Muck all losing hands
3. Push pot to the winning hand
4. Drop the house rake
5. Drop the $2.00 chip/token 'Bad Beat' chip
DISQUALIFIERS:
Poker Bad Beats Live
1. A fouled deck
2. Players talking about a potential jackpot
3. Less than five (5) players
4. Less than $20 in the pot, not counting the rake
COLLECTION DISBURSEMENTS:
The money collected for the Bad Beat Jackpot is distributed into three (3) distinct accounts accordingly for each game as listed:
1. Fifteen percent (15%) to the primary jackpot
2. Five percent (5%) to the secondary jackpot
3. Eighty percent (80%) to the promotional jackpot*
The above percentages are effective with the following day's drop.
*The promotional jackpot will include all games and will be distributed accordingly with no regard to which game is being played at the time of distribution, thus making all games eligible for promotional giveaways.
Promotions include, but are not limited to, promotional merchandise and other promotional programs designed by Seneca Gaming and Entertainment.
Does ignite stack.
Seneca Gaming & Entertainment reserves the right to modify or discontinue this promotion at any time without notice.
IRS Requirements
1. Bad Beat falls under table games wagering transaction where a posted jackpot is paid.
2. For US Residents, an IRS Form W2-G is required for Bad Beat winnings with a value of $600 or more and withholdings are required at $5,000.
3. Foreign citizens will be issued an IRS Form 1042-S and 30% withholdings are required
4. All transactions over $10,000 will require an IRS Currency Transaction Report (CTR).
Cage Controls
A record of each winner receiving non-cash prizes with a value of $25 or more will be maintained by the poker room cage and turned into accounting on a monthly basis.
At the end of the calendar year, the patrons who have received cash and non-cash prizes totaling $600 or more will receive an IRS Form 1099.
Winners are responsible for all applicable taxes and fees. Residents of foreign countries will be subject to 30% withholdings on all payouts. Seneca Gaming & Entertainment reserves the right to modify or discontinue these events at any time without notice. SG&E will not be held responsible in the event of typographical errors, misinformation on the website or printed material pertaining to this promotion, and players will have no claim in these matters.
The final table of the 2019 World Series of Poker $50,000 Poker Players Championship produced quite possibly the worst bad beat in poker history as Bryce Yockey saw a 99.843% hand turn into dust when Josh Arieh beat him on the final draw in 2-7 Triple Draw.
Nick Schulman coined the bad beat that Arieh put on Yockey, 'The bad beat to end all bad beats,' before it happened and to fully grasp the situation you have to watch the clip.
Yockey started with the second strongest hand in the game, which has a 1 in 2,548 chance of occurring while Arieh needed three draws to beat him and make the only possible combination that would do so. A crazy detail about this hand is that the only path for Arieh to the winning hand was for him to make a straight first before he could draw to the perfect 7-5 low.
Poker Bad Beats 2019
'This is the worst beat I've ever seen in a televised tournament,' Schulman said, as Yockey made his departure from the tournament in fourth place. Yockey collected $325,989 for his efforts after which John Esposito, Phil Hui, and Josh Arieh continued to battle for the $1,099,311 first prize. Watch the full final table of this event on PokerGO right now.
Understanding 2-7 Triple Draw
In the game of Limit 2-7 Triple Draw, the goal is to make the worst possible five-card hand without a straight or a flush. The best hand in this game, as shown in this video, is 7-5-4-3-2 followed by 7-6-4-3-2. In this game, there are three draws during which you can ask for as many new cards as you want.
Bad Beats in Texas Hold'em
Bad beats in poker are common and every player who's played a game or two will have seen his or her aces disappear like snow in the bright Las Vegas sun when a king on the river gives your opponent three of a kind.
To provide some context on how crazy Yockey's hand was, let's draw some parallels with No Limit Texas Hold'em. Aces versus kings before the flop is an 81.06% favorite, a number that increases to 91.62% after a blank flop and 95.45% on the turn. Having only two cards to improve with the river to come is still a 4.55% chance of winning!
In an even worse scenario, the worst of two sets on the flop has 4.34% with two cards to come and that number is reduced to 2.27% with only the river left to make four of a kind. For some more context, winning with ace-king offsuit versus ace-king offsuit has a 2.17% chance but in that case, of course, you are 95.65% to casually split the pot!
Ever played so wild that you ended up all in with deuce-three offsuit against pocket aces? Well, you still have a 13.3% chance to win the hand before the flop! After a random flop where your only remaining winning outs are running cards, however, you have a 1.52% chance to win and even that is still a lot better than having just 0.16% as Josh Arieh did!
Poker Bad Beats
Click this link to see the Twitter conversation about this hand in which some big name poker pros chime in on how unlikely this runout truly was.
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