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Losing a hand in poker that you from the beginning are very probable to win. Often (or so it will seem) to a worse player, who called you bet when the odds were clearly against him/her.
Novices often confuse a bad call with a call that will probably lose, but still has the pot odds on its side. They will then moan and moan about getting bad beaten when in fact they were only slightly unlucky. A bad beat is in fact when someone makes an incorrect move against you, and gets extremely lucky.
Good player: My pocket kings got called with Q9 when flop was K-9-A and I went all in. Turn was a 9. River came the last 9. Losing to runner-runner nines. Well, that´s poker.

Bad player: I had pocket nines and went all in for 2 dollars. This rich guy called me with AKs and caught an ace. Now that´s a bad beat! I hate this game!
Bad Beat by Krisse August 6, 2005
In gambling, when it would appear the outcome of an event is virtually decided, and suddenly, at the very last, ( or near very last) moment, the script gets flipped, and the predicted winning ticket is now a LOSER.
He suffered a Bad Beat when his horse, who was about to win the race, jumped a shadow, and fell into the rail, dislodging the jockey, interestingly, in the shadow of the finish line, disqualified.
Bad Beat by Danny Durden May 26, 2021
Poker phrase about an improbable loss on a hand of cards. Means that you started the hand way ahead but got outdrawn, thus you suffered a bad beat.

Many casinos and card rooms offer extra incentives and jackpots for very bad beats (such as losing with four of a kind).
Playing Texas Hold-Em'...

I have 2-3
You have A-A

Flop comes A-2-K
Turn is a 2
River is a 2

In this hypothetical, I put a bad beat on you since your three Aces was way out in front of my pair of 2's after the flop.
bad beat by ACG2x December 30, 2004

BadBearClaw24 

A Teen with balls the size of bowling balls.
He is known for playing On VR and Xbox.
He is a legend.
He likes to make new friends but if your an ass hole he will probably get his boys on your ass
BadBearClaw24 is a legend
BadBearClaw24 by Db_Legend May 4, 2022

meater baddeater 

A racehorse designated by an owner who has a majority stake in a meat production and/or meat processing company.
Announcer "Around the bend, Meater Baddeater heads toward the finish..."

bad beat story

Someone who just lost a hand (usually in poker) and will bemoan about it to anyone who listens online.

Most of the time, the listeners do not give a shit about the other person's bad beat.

See bad beat
Noob at poker: My 2-7 offsuit lost to AA when the flop came 2-7-9. The turn was a 9!! HOW LUCKY CAN HE GET?

Good person at poker: Like I care.
bad beat story by Cds April 18, 2005