Players are flocking to the poker tables at the Atlantic City casinos these days, hoping to get a piece of Caesars Entertainment's Bad Beat Jackpot. The jackpot has now reached an all-time high of $702,182.
Poker players are swarming the poker tables at Caesar Entertainment's casinos in Atlantic City as the company's collective Bad Beat Jackpot has reached historical heights.
The Caesars group controls a number of Atlantic City casinos, including Caesars Atlantic City, Bally's Atlantic City, Harrah's Resort Atlantic City and Showboat Atlantic City.
The jackpot will be available at all of Caesar's properties until it is triggered at a live table.
The announcement that the jackpot is climbing and still up for grabs has meant a minor boom in players heading in for a lucky shot at the money. As the jackpot has still not been triggered, however, this means that it has now reached an all-time high of $702,182.
The former record was $672,115.
"This record Atlantic City Bad Beat Jackpot has generated a buzz like nothing else in our Caesars Entertainment poker rooms
," said Don Marradino, Eastern Division President for Caesars Entertainment Atlantic City according to the Atlantic City Weekly blog
"Players are lining up each and every day for a chance at this life changing amount."
In order to win the bad beat jackpot, a player has to be seated at a bad beat table at a designated time and lose a major hand to an even bigger holding.
The last time the jackpot was triggered on March 1, 2012, a winning table shared $281,000, with the loser of the jackpot hand getting 30% and the winner receiving 20%.