The online poker world is abuzz this morning after a major win that will forever change the life of one lucky Texas Hold'em player. While most poker victory stories this month originate from the World Series of Poker, this latest account comes from far beyond the walls of the Rio.

"With nearly one million hands dealt since the last hit on July 3rd, our Bad Beat Jackpot had climbed to over $464,000," stated David Clainer, senior vice president for Absolute Poker. "Online poker players flooded the site in record numbers for a shot at winning an unfathomable amount of cash just by losing a hand."

On July 11th at 11:46 pm ET, an online poker player who goes by the name of Calvinhobbes did just that, losing quad Aces to a Royal Flush in a friendly game of Texas Hold'em at Absolute Poker.

At most online poker rooms and land-based casinos, a loss like that would be devastating.
But not this time. Calvinhobbes was seated at one of Absolute Poker's Bad Beat Jackpot tables. If a player loses a hand holding four 8s or anything better at a Bad Beat Jackpot table, they've hit the jackpot. To help the jackpot build, $0.50 is collected from qualifying hands at Bad Beat Jackpot tables.

By the evening of July 11th, the jackpot had reached a record-setting $464,652.03. The previous jackpot of $297,287.63 was hit on July 3rd.

Calvinhobbes' share of the poker jackpot stands at $162,628.21. The participants in the bad beat jackpot hand will share an additional $162,628.21 with the pot winner taking over $81,000 and the remaining players walking away with over $20,000 a piece.

"I challenge you to find another online poker room where you can lose quad Aces and win a life-altering amount of cash," said Clainer.

Absolute Poker (http://www.absolutepoker.com) is the only online poker site open to American players to feature Bad Beat Jackpot (http://www.absolutepoker.com/badbeatpoker/) tables. Bad Beat Jackpot tables are noted with the word "jackpot" written in brackets after the table name and are categorized in red text.