Poker tournaments are always a thrill, but Progressive Knockout (PKO) tournaments add a whole new level of excitement. In a PKO tournament, not only do you aim to eliminate other players, but you also collect “bounties” for doing so. If you’re new to the term, a bounty is essentially a cash reward placed on every player. Knock them out, and you win some cash instantly!
In this comprehensive guide, we’ll cover what PKO tournaments are, their unique features, and strategies to excel. So grab a seat and let’s dive in!<\/p>\n\n\n\n
In a standard poker tournament, the goal is to accumulate all the chips in play. But PKO tournaments add an additional layer: the bounty. Each player starts with a bounty on their head, which is half of the tournament buy-in.
For example, in a \u20ae100 PKO tournament, \u20ae50 goes towards the prize pool, and the other \u20ae50 is your initial bounty. This bounty grows as you eliminate players, making you a more attractive target for others.
When you knock out a player, you receive half of their bounty in cash, and the other half is added to your own bounty. This dynamic element makes PKO tournaments incredibly popular and adds a strategic depth to the game.<\/p>\n\n\n\n
PKO tournaments are not only fun but also lucrative. Unlike standard tournaments where you need to finish in the top spots to make money, PKOs allow you to earn cash throughout the game by collecting bounties.<\/p>\n\n\n\n
Here’s how you can earn money in a PKO:<\/p>\n\n\n\n
Because of these multiple avenues to win, PKO tournaments are considered highly profitable and are a favorite among both casual and professional players.<\/p>\n\n\n\n
Playing in a PKO tournament involves a different strategy compared to standard tournaments. One term you’ll hear often is “EV+”, which stands for “Expected Value Positive.” This is a situation where the potential gains outweigh the risks.
For instance, let’s say you’re in a \u20ae100 PKO tournament. A player pushes all-in pre-flop with a \u20ae1,000 bounty. If you have them covered and your hand has decent equity, it’s generally EV+ to call. The bounty you stand to win will more than compensate for the risks involved.<\/p>\n\n\n\n
Try to join the tournament from the start. Being late means you miss out on opportunities to collect early bounties, and you’ll start with a smaller stack, making it harder to claim bounties later.<\/p>\n\n\n\n
If you’re lucky enough to build a big stack, use it to your advantage. You’ll be able to eliminate any player and collect their bounty, putting you in a powerful position.<\/p>\n\n\n\n
At CoinPoker, we offer a diverse range of PKO tournaments to suit every type of player. Here’s how you can join the action:<\/p>\n\n\n\n
To locate our PKO tournaments, simply set the types filter to ‘Knockout’ in the lobby.<\/p>\n\n\n\n
We host Daily PKOs with buy-ins of \u20ae5, \u20ae25, \u20ae50, and \u20ae75. These tournaments kick off at 6 pm GMT every day.<\/p>\n\n\n\n
In these fast-paced tournaments, you start with just 10 big blinds. The first level lasts as long as late registration does, after which the action shifts to hyper-speed with 3-minute levels.<\/p>\n\n\n\n
Whether you prefer standard speed, hyper-speed, or something in between, we’ve got you covered. We run various types of PKOs throughout the day to match your playing style.<\/p>\n\n\n\n
Saturdays are extra special with our PKOs featuring buy-ins of \u20ae2, \u20ae20, and \u20ae200 and significantly boosted prize pools. Learn more about our Saturday PKOs<\/a>.<\/p>\n\n\n\n Join Marc Gork on Tuesday evenings for Omaha PKOs, adding a twist to your regular Hold’em gameplay.<\/p>\n\n\n\nOmaha PKOs:<\/strong><\/h4>\n\n\n\n