Strategy for Texas Holdem Jackpot Tables
Bad Beat Jackpots
What is a Bad Beat Jackpot?
You probably know what a bad beat jackpot is as they are extremely common in live (brick and mortar) cardrooms, but if you are one of the many people who started playing poker on the internet around the time the World Poker Tour first took off and if you don't play at one of the few online cardrooms that has one you might not.
A typical bad beat jackpot maintains a jackpot pool of money which is increased with a "jackpot drop" (usually 50 cents or a dollar for every hand that is raked) and is distribured to the players at a table when a very very strong hand is beaten. The most common version of this is four of a kind or better beaten where the winner and loser of the hand must use both of their hole cards. Some live cardroom jackpots have Aces Full beaten or other requirements.
Is it worth playing at Jackpot tables?
Usually if you have a choice you do not want to play at Jackpot tables because your chances of being at a specific poker table when a jackpot happens are very small. When playing live you are often not given a choice. The jackpot is there to incite action at the tables and appeal to the gambler in the poker players. Online you almost always have a choice and so usually it is wise to play at non-jackpot tables.
The Exception--When Jackpot Poker Tables Pay
There are two exceptions to this rule of avoiding Jackpot tables:
- When the Jackpot is very high
At some point the value of the Jackpot becomes so high that it is worth paying the Jackpot drop for a chance to participate in a massive payday. This amount varies based on the amount taken for the jackpot from each raked hand and odds against winning the jackpot. - When the Jackpot pays more than one table.
At UltimateBet and Absolute Poker (members of the new Cereus Network) They pay a share of the jackpot to all tables at the same Limit and Type as the one that won. So for example if there are 10 tables playing $0.50-$1.00 Limit Holdem (Jackpot) tables then every player at all 10 tables wins a share. What's more, if you are sitting at more than one table at the limit that wins then you get more than one share.
What this means is that your chance of actually participating in some part of the jackpot increases significantly when playing at one of these cardrooms.
Card Strategy and Jackpot Tables
Starting Hands
Ideally you want to be at a passive jackpot table with very little raising preflop. You want to be sure to start with the hands that are most favored to participate in the jackpot. For example at UltimateBet where you must have four 8's or better beaten you want to start with pocket pairs 8's or better and 0 gap suited connectors, for example:
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You can play one gap suited connectors in later position if you have a decent number of people in the hand, but you should especially avoid unsuited connectors and non-jackpot pocket pairs unless you have at least 5 people seeing the flop with you.
Post Flop Play
After you see a flop you should be looking for regular hand value as well as jackpot value. Basically ask "are there any two cards that can come that would let me participate in the jackpot?" If the answer is yes then you should usually proceed to the turn, likewise if you have flopped a strong hand or draw you should play your hand normally from here out.
You do not need to slowplay your hand past the turn. For example if you flopped four aces with AA in your hand you may want to let your opponents see the turn for free but there's no reason to go beyond that. Either they have caught a super strong hand or draw (hitting their set on the turn or picking up a straight flush draw)
What Limit?
At UltimateBet the limit most jackpot players play is $0.50-$1.00 limit Holdem and $0.25-$0.50 No-Limit Holdem. In virtually all of the cases one of these tables eventually wins the jackpot, so these are the places you should sit if you are playing for a table share.
Persistance Wins a Table Share
If you are persistant and play at the jackpot tables at UltimateBet or Absolute Poker you will win table share(s) of the jackpot. We've done it here more than once and will continue to play them when the jackpots exceed $200,000. You can visit the home page here at www.lowlimitholdem.com to check the current Cereus network jackpot amount, or visit our Low Limit Poker Forum and a live update of the Jackpot is shown there as well.
Good luck and let us know of your successes!
