Four of a Kind or better, is beaten. The loser of the hand receives 50% of the progressive bad beat jackpot, the winner gets 25%, and the remaining 25% is split among the other players in the hand. You can't lose!

Progressive Bad Beat Terms and Conditions:

Starts at $500, with $50 added each day.
Real money tables only.
Standard non-tournament tables only.
4 or more people must have received cards.
Hold'em games only.
4 of a Kind, or better must be beaten.
Both hole cards must be used in the winner and loser's hands.
Players sitting out do not qualify.
No special rake is taken to fund the bad beat jackpot.
In the even of 2 or more bad beats in the same hand, the jackpot will be split equally.
50% to the bad beat, 25% to the winner and 25% split equally between the other players.

This promotion runs continually on Texas Hold’em