Online Gambling News and Promotions

Texas Hold’em Poker fans have even more reason to be fanatic after learning that 343 online poker players will share in UltimateBet’s first Bad Beat Jackpot.

The $112,885.50 jackpot popped on September 26th at 9:09pm ET when PeterGunzzz lost with four jacks to shaggy82′s straight flush in a hand of Texas Hold’em Poker.

The loser of the hand earned $36,678.03 for his loss, the hand winner left the hand $18,339.01 richer, four players seated at the table where the bad beat occurred each earned $1,000, and 337 other online poker players who were seated at $.25-$.50 Bad Beat Jackpot tables shared in over $18,000.

When a poker player loses a hand with four 8s or anything better, 65% of the jackpot is divided among Bad Beat Jackpot poker players (25% remains in the pot for the next jackpot and 10% is dedicated towards administrative fees). But unlike similar offerings at other online poker sites, Texas Hold’em poker players don’t have to be sitting at the table where the bad beat occurred to share in the prize money.

All players seated at a Bad Beat Jackpot table featuring the same limit and game type as where the bad beat occurred will walk away from their table with cash. In the case of UltimateBet’s first Bad Beat Jackpot hit, all $.25-$.50 No Limit Hold’em Bad Beat Jackpot tables proved to be extra lucrative.

Bad Beat Jackpot is just like traditional Texas Hold’em Poker with an added jackpot component. In addition to rake, $0.50 is collected from qualifying hands and placed into a constantly growing pot until someone hits the jackpot. UltimateBet’s Bad Beat Jackpot poker tables are categorized in red text in the game lobby. Full details on UltimateBet’s new Bad Beat Jackpot game can be found at Ultimatebet website.

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Norway is going to ban online gambling by making illegal for Norwegian banks to make transfers to foreign gambling firms. Norwegian Culture Minister Trond Giske told that online gambling is already illegal under Norwegian Law. But this new law will force Norwegian banks. The minister always critics online gambling, he is always worried about the problem of online gambling. He told UK gaming analysts he’d like the ban to be introduced by the next spring.

The European Commission asked French government to modify its draft law on online gambling. French law prohibited all foreign online gaming activities on French market, and EU said that the draft law violated article 49 of the EU treaty about the free provision of services. So French government would have to modify its law until August,24. And now France is preparing to bow to pressure from Brussels and agree to a partial liberalisation of its state-run betting monopolies. Paris informed that it was willing to legalize online gambling.

The French market would give large companies such as Sportingbet a toehold in the €25 billion (£17.4 billion) annual Gallic gambling market.

2007 Aruba Classic Satellites have now ended, congratulations to all package winners. The final table at Aruba Classic will be broadcasted LIVE by Bluff Media. To buy-in directly to the main event, please visit UltimateBet website for details.

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UltimateBet Poker is turning the poker world completely upside down and on its head! UltimateBet has set out to accomplish the impossible – they’re going to give some of their unluckiest players a bad beat story that EVERYONE will want to hear. Players who sit down at their Bad Beat Jackpot tables can win big when they lose large

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Absolute Poker is maximizing the thrills by awarding all new players with a 100% First Time Deposit BONUS up to $500. All you need to do is download the FREE software, open your Absolute Poker account, enter the CASHIER and click deposit, enter Bonus Code AP500, buy chips and receive the 100% deposit BONUS up to $500.That’s all, enjoy.

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Five lucky online poker players continue to celebrate after collectively winning hundreds of thousands of dollars at Absolute Poker‘s Bad Beat Jackpot tables.KADI Makes History by Hitting Record-Shattering $821,670.69 Jackpot! KADI will never forget August 29th. ThatТs the date she made online poker history by hitting it big at APТs Bad Beat Jackpot tables and setting off the bells to the tune of $821,670.69.

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