By Matthew Marietta, Rakeback.com Executive Editor
Players have said they don’t want it, so Americas Cardroom is ending its Bad Beat Jackpot. Michael Harris, said on behalf of the site:
"We've heard from our players and a lot of them are telling us that the Bad Beat Jackpot in its current form isn't something they find attractive. So we're changing the concept of how players get paid."
The fee that currently goes into the Bad Beat Jackpot will now go straight into the Beast promotion - which pays out every month to a much wider group of players.
From September 1 a maximum fee of $0.25 will be collected from Beast tables at every stake level except at the microstakes $0.05/$0.10 tables.. The Beast Cash Race will get $0.18 and the Beast Tournament Race $0.07.
The Beast promotion is a progressive rake race that offers cash prizes and tournament entries every month. It is one of the few really valuable promotions on sites whose doors are still open to US players.
The Bad Beat Jackpot will continue until the prize fund that has been raised has been exhausted. Quad 8s or better are needed to get a qualifying losing hand.
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