Last Tuesday UltimateBet and Absolute Poker announced the launching of the CEREUS Poker Network, offering online poker players a series of new features and promotions, including bigger tournaments and promotions, and higher Bad Beat Jackpots, and only a few days after the official launching of the CEREUS network, players at UltimateBet and Absolute Poker are already experiencing the benefits and rewards of having a merged network. Thanks to a notably expanded player base, the Bad Beat Jackpot at both sites has already reached the $700,000 mark, and more players seated at the poker tables hoping to cash in on their next big losing hand, that amount could easily reach the $1,000,000 by early next week.

Bad Beat Jackpot tables are conventional Texas Hold'em poker with an additional jackpot prize. In addition to rake, $0.50 is collected from qualifying poker hands and placed into a constantly growing pot until someone hits the jackpot. When an online poker player loses a hand with four 8s or anything better, 65% of the jackpot is divided among Bad Beat Jackpot players, 25% is saved to build the next pot and 10% goes to the site to cover the administrative fees. All players seated at a Bad Beat Jackpot table featuring the same limit and game type as where the bad beat happens also get a share of the prize.

UltimateBet and Absolute Poker are popular amongst players thanks to their Bad Beat Jackpots, players at have both witnessed a number of large jackpots near the million dollar mark, but with CEREUS Texas Hold'em players will have extra chances to hit larger jackpots more frequently.

For more information on UB and AP’s Bad Beat Jackpot and other great promotions and tournaments, please visit UltimateBet.com and AbsolutePoker.com.