Niagara Falls Poker Bad Beats. Bad Beat falls under table games wagering transaction where a posted jackpot is paid. For US Residents, an IRS Form W2-G is required for Bad Beat winnings with a value of $600 or more and withholdings are required at $5,000. A record of each winner receiving non-cash prizes with a value of $25 or more. Apr 02, 2018 Too bad I didn't see this yesterday! I dropped off fiancee and her daughter at Pearson, and drove straight back home. If you are willing to make the drive to Casino Niagara, or Fallsview, or Seneca Niagara, let me know.

Visit our world-class Poker Room and try your hand at. Texas Hold'em, Omaha and 7 Card Stud. Seneca Gaming & Entertainment's Poker Room at the Seneca Niagara Casino and Hotel has 23 tables and all levels of play, so it's easy to get in the game. The Bad Beat jackpot is a progressive jackpot that rewards the unlucky player as well as other participants in the bad beat hand. If you appear to be favoured to win the hand but are beaten at the showdown, you are the big winner of the Bad Beat jackpot! Losing has never been this rewarding. Complete rules available at the casino.

For many low-to-mid stakes cash players, paying the rake is a necessary evil. That extra dollar that goes into the Bad Beat Jackpot fund, on the other hand, is considered more of a necessary (and welcomed) gamble.

Bad beat jackpots have lured patrons to the tables for years, and while winning the WSOP Main Event or another major poker title is the elusive dream of many a player, the majority of those grinding it out at lower stakes set their sights on hitting the lottery, in a sense.

Winning the bad beat jackpot is an exciting prospect, and while the majority of players will go all their years at the tables without being on the giving or receiving end of the big one, most will be in the room when one hits, or even at the table if they’re lucky, in which case they're often entitled to a small percentage of the jackpot in the “table share.”

But getting quads or straight flush beat, in a sizable card room with a healthy bad beat jackpot, remains the ultimate dream for many.

Sometimes, though, the dream can become a nightmare. What if a player seemingly locked up a bad beat jackpot payout but some small piece of red tape prevented he or she from collecting?

What if a player seemingly locked up a bad beat jackpot payout but some small piece of red tape prevented he or she from collecting?

There are many rules in card rooms to protect against things like collusion, in place for the protection of all players. Such rules are necessary to uphold the integrity of the game. Imagine if players were allowed to show cards whenever they wanted, or to act out of turn to influence action with no repercussions, or to signal to a tablemate about the strength of their holdings. These things would severely disrupt the game and players' experiences at the tables.

Everyone grinding at the poker tables in a room that offers a bad beat jackpot pays into the jackpot pool. In most rooms, this comes in the form of $1 coming out of every pot for the purpose of building the fund that some lucky players will hit at some point.

The fact that all players pay in means that all players should reasonably expect the room’s management to protect the integrity of the game, and pay out the coveted jackpot only when the players involved in the bad beat-eligible hand have followed the established rules that protect against collusion.

The Red Rock Case

July 7, 2017 was an exciting day in the Las Vegas poker scene with the World Series of Poker Ladies Event, the $10,000 Seven Card Stud Championship and a $1,000 WSOP.com online event all getting started at the Rio, and everyone getting excited about the biggest poker tournament in the world, the WSOP Main Event, kicking off the next day.

But the action at the Rio wasn’t the only excitement brewing. The bad beat jackpot at Red Rock Casino, one of the bigger off-strip casinos to offer a jackpot, had inched up to $120,000.

Casino Niagara Bad Beat Winner 2016

If you’ve never played at Red Rock, it’s not exactly one of the Vegas strip casinos, but it’s also not what you think of when you hear “off-strip casino poker room.”

Red Rock is best described as a classy room with local clientele — people who live in Vegas, mostly in and around the upscale area of Summerlin, which is a popular location for retirees. It’s a friendly, small room with 20 tables, clean and comfortable, and attracts an older crowd on average than you are likely to find at a Vegas strip poker room.

On that fateful day, 83-year-old Avi Shamir made a straight flush, only to have the ultimate dream of that huge hand being bested by an even bigger hand come true — a higher straight flush held by Leonard Schreter, according to the Las Vegas Review-Journal.

As is customary, when the jackpot hand went down, a sign lights up at all Station poker rooms so players eligible for the “room share” of the pot can be recorded and paid out if the jackpot is verified. Next, information of players involved in the hand and at the table is collected, while supervisors verify using surveillance the eligibility of the bad beat hand — all pretty standard procedure. But the story gets a bit complicated.

Red Rock BBJ Rules

According to the Station Casinos Jumbo Hold’em Poker Progressive Jackpot “Official Rules,” the jackpot resets at $75,000 and the qualifying hand is aces full of jacks beaten by quads or better. When the jackpot is under $100,000, the qualifying hand has to be beaten on the flop, while it can be beaten any time in the hand when the jackpot is equal to or more than $100,000.

Shamir stood to win the biggest share, $48,000, while Schreter would be getting $30,000.

As the minimum BBJ requirement at most rooms nationwide is getting quads beat, and often even starting at quad eights just to make it harder, Station's requirements compared to other bad beat jackpots nationwide are on the 'easy' end of the spectrum. They are also unique in that there are five (albeit small) card rooms sharing the jackpot.

According to the Station rules listed, the bad beat jackpot is paid out according to the following shares:

Loser of the hand gets 40 percent
Winner of the hand gets 25 percent
Three percent is reserved for 'table share' to be split among the other players at the table where the jackpot hit
32 percent is 'divided evenly amongst all active live Texas Hold’em players in all Station Casinos’ Poker Rooms. The winner and loser of the jackpot activating hand, as well as the players at the winning table, are entitled to this player’s share.'

Following that breakdown and assuming a jackpot of $120,000, Shamir stood to win the biggest share, $48,000, while Schreter would be getting $30,000. Another $3,600 would be distributed among the other players seated in the game who were dealt into the hand and $38,400 would be chopped up between more than 80 people who were playing in eligible games in all five of the Station casinos when the hand took place, a prize that has been estimated at around $565.

Controversy Arises

What is known: the two players involved in the hand both had straight flushes, meaning they both held two cards matching in suit which connected with three of the community cards on the board to give each player a sequence of five consecutive cards of the same suit — a high end and a low end. Casino slots games for free. This satisfies the hand requirements for the jackpot.

The exact street-by-street action of the hand in question is unclear, though Station's attorney L.J. Semenza walked a small audience through the action while showing the surveillance tape in a hearing on the matter Dec. 12 and explained that after the river card came out, Schreter tabled his two hole cards 'before the dealer asked for a show of hands.'

That wording still keeps the situation a bit cloudy, but it sounds like Schreter violated the standard poker rule of not exposing cards with action pending. That would mean, both players still had chips behind and should act in turn by checking or betting. Only once both players do so and action is complete should hands be tabled. In this case, rather than performing a poker action and also waiting for his opponent to check or bet, Schreter showed his hand early.

This rule is generally regarded to protect against forms of collusion that can influence action, whether intended or not, and breaking of this rule is usually subject to some type of penalty or perhaps a warning in the case