Online Poker Player Pops $534,132.92 Bad Beat Jackpot

An online poker player who signed up for a free UltimateBet account just nine days ago in hopes of winning big like 11-time WSOP bracelet winner Phil Hellmuth has discovered that losing is just as lucrative.

UltimateBet today announced that a 19-year-old online Texas Hold'em player from Canada has won $173,693.20 playing Texas Hold'em at UltimateBet's Bad Beat Jackpot tables.

QUANTOM47, a 19-year-old Texas Hold'em player from Alliston, Ontario, Canada who registered his UltimateBet account just nine days ago, lost a hand of Texas Hold'em when his Quad Queens were crushed by RUSTY_1's Royal Flush.

At ordinary Texas Hold'em tables, a loss like that would leave even the most hardened poker player feeling devastated. But at UltimateBet's Bad Beat Jackpot tables, it's a completely different story. QUANTOM47 secured $173,693.20 for his loss while RUSTY_1, who dealt the final blow, walked away with $86,796.60. 373 other players who either participated in the hand or were seated at a Bad Beat Jackpot table with the same stakes shared in an additional $86,796.60.

Full details on UltimateBet's Bad Beat Jackpot game can be found at their official website.