"Bad Beat Jackpot" definition

A bad beat jackpot is offered by a poker room when a very good hand loses to an even better one. Usage: For example:

Player 1 holds AA
Player 2 holds KK

The community cards are: AAKKQ

Player 2 would have four of a kind, Kings but still lose to Player 1 who holds four of a kind, Aces.

This is usually enough to trigger a bad beat jackpot for the hand. Normally the losing player in this hand would be awarded 50% of the jackpot fund, the winner gets 25% and other players who took part in the hand get the remaining 25%. Different poker rooms offer different levels of payouts for bad beat jackpots and have different losing hand requirements, for example, Party Poker bad beat jackpot winners must lose with a hand of four 8s or better to qualify.

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@XoJennyBunny TY for the nice comment Jenny....
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