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Dover Man Wins Largest-Ever Bad Beat Jackpot
A Dover, Delaware man took home the lion’s share of the largest-ever live bad beat jackpot in poker history from Caesars Atlantic City last week.
56-year-old Steve Gedney was awarded $276,979 of the $553,958 jackpot when his quad threes were beaten by an ace on the river giving Bridgwater, New Jersey’s Chris Dobrzanski four aces.
Dobrzanski took home $138,489 and the remaining seven players at the table were each awarded $19,784.
There was roughly $400 in the pot.
"This is an unforgettable day for everyone at Caesars, especially our loyal players and dedicated poker team," said Joe Domenico, Senior Vice President and General Manager of Caesars Atlantic City. "The energy building in our poker room over these past months has been incredible and to see it culminate in this record setting jackpot couldn't be more rewarding.”
The progressive bad beat jackpot at Caesars Atlantic City is paid when four-of-a-kind is beaten. Like most, the prize is split among all players sitting at the table with 50% going to the losing hand, 25% to the winning hand, and 25% equally divided amongst the remaining players at the table.
The previous record for the largest-ever live bad beat jackpot was $361,244, also set at Caesars Atlantic City.
The largest bad beat jackpot of all time is $1.2 million, recorded online on Carbon Poker in February 2009.