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Cha Ching! Caesars Entertainment Launches Massive Poker Jackpot
Be a big winner and LOSE with a four of a kind! Last month, Caesars Entertainment upped its ante with the Mega Beat Progressive Poker Jackpot active at seven Caesars Group hotels in Las Vegas: Caesars Palace, Harrah’s, Planet Hollywood, The Quad Resort (formerly Imperial Palace), Bally’s, Flamingo, and Rio Vegas. And that can only mean one thing – BIG money for losing a great Poker hand!

The Mega Beat Progressive Poker Jackpot starts at $200,000 and can rise to well over $1M, which makes it the largest poker jackpot in Las Vegas. Normally the jackpot is shared among players at the table where the bad beat happened. But the Mega Beat  pays the jackpot not only at the table where the bad beat occurred, but to anyone actively playing at a poker table in Caesars Group casino.

So how does it all work? According to a press release form Caesars Entertainment, The Mega Beat Progressive Poker Jackpot is won when a strong hand is beat by an even stronger hand.  When the jackpot is relatively low, $200,000, the player needs to lose with four Aces or stronger to win the Bad Beat Progressive Poker Jackpot. For example, Four Aces beat by a Royal Flush. There’s also a stipulation that holes cards have to be used by the winner and loser. The Bad Beat Jackpot progressively gets largest as no one loses, making it easier to win, as the jackpot rises.

The requirements to hit the Bad Beat Jackpot will be lowered as the progressive jackpot rises.  The Mega Beat Jackpot starts at losing with four Aces to losing with any four deuces, as a minimum. Therefore, the bigger the jackpot, the easier it becomes to hit the jackpot.  When someone loses big and win the Jackpot, the requirements are reset back to four Aces.
 
The Mega Bad Beat Jackpot at Caesars Entertainment Group Losing Hands:
From $200,000 to $300,000                  Lose with Four Aces or higher
From $300,001 to $400,000                  Lose with Four Kings or higher
From $400,001 to $500,000                  Lose with Four Queens or higher
From $500,001 to $600,000                  Lose with Four Jacks or higher
From $600,001 to $700,000                  Lose with Four tens or higher
From $700,001 to $800,000                  Lose with Four nines or higher
From $800,001 to $900,000                  Lose with Four eights or higher
From $900,001 to $1,000,000               Lose with Four sevens or higher
From $1,000,001 to $1,100,000            Lose with Four Sixes or higher
From $1,100,001 to $1,200,000            Lose with Four Fives or higher
From $1,200,001 to $1,300,000            Lose with Four Fours or higher
From $1,300,001 to $1,400,000            Lose with Four Three’s or higher
From $1,400,001 and higher                 Lose with Four deuces or higher
 
 
Las Vegas, NV - 2/1/13

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