Online poker site Party Poker is one of the larger sites operating on the net. Typically you will find upwards of 30,000 players on the site, guaranteeing you some poker action.
The other major benefit of such large traffic numbers is that the site’s Bad Beat Jackpot tends to grow faster than most. Unlike some sites, Party Poker only harvests contributions to the Bad Beat Jackpot from specifically identified tables on its sites. When you play these tables, $0.50 from each pot will go towards the jackpot.
At the time of writing, the jackpot stands at $216,929.49 – and still counting. That’s a significant amount of cash – but it’s not the interesting story here. You see, the Party Poker Bad Beat Jackpot was last hit on Friday the 30th of October, for $323,380.50. That is, in and of itself, a story.
But as any old poker shark knows, online poker sites like Party Poker will always hold back 20% of the funds to seed the new jackpot. In this case, that would be $64,676.10. Since the Bad Beat Jackpot now stands at $216,929.49, this means it has grown by more than $152,000 … since last Friday.
This means that the traffic on Party Poker is at such a snapping level that their Bad Beat Jackpot is growing by an average of $38,000 per day – and if no one has the luck/misfortune to hit it, it should reach $1 million by around the end of the month.
