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Last updated Thursday 20 April 2024…
Do you know your KOs from your PKOs
from your TKOs? No? That’s🌟 fine. Just read on and we’ll reveal just exactly what is a
PKO tournament…
Before you launch in to any upcoming🌟 Bounty Builder Series, it is
probably a good idea to get a firm grasp on what is a PKO tournament,🌟 also known as a
Progressive Knock Out. This is important because some events are PKOs, while others are
played as🌟 Progressive Total Knockout (TKO) tournaments. And they are very similar.
So
what is a PKO tournament? What’s a PKO got that🌟 a KO hasn’t? And how do things change
again in a TKO?
It’s easiest to start with a look at straight🌟 Knockout (KO)
tournaments. These used to be a thing before PKOs appeared on the scene and made
everything more exciting.
In🌟 a Knockout tournament, a player’s total buy-in is divided
into two portions. Each going towards a separate section of the🌟 prize pool.
One portion
(usually the largest) goes into the regular prize pool. That is paid out incrementally
to the top🌟 finishers in the event, just as in any “normal” tournament. The second
portion goes into the bounty pool.
Each player has🌟 a cash bounty on their head, and
this bounty is awarded to the opponent who knocks them out. It’s that🌟 simple. In
essence, a knockout tournament offers bonus cash payments to players for eliminating
their opponents. These payments are fixed🌟 in size.
For example, in a KO tournament with
aR$27 buy-in:
$20 might go into the regular prize pool
$5 becomes a bounty🌟 on the
player’s head
(The remainingR$2 is the entry fee, or “rake”.)
This tournament might be
advertised with the entry fee ofR$25🌟 +R$5 +R$2.
If Player B knocks out Player A, Player
B is awarded Player A’sR$5 bounty. It goes straight into Player🌟 B’s account, and they
get an immediate return on their tournament play.
Eventually, Player C might knock out
Player B. In🌟 that case, Player C then gets Player B’sR$55 bounty. Player C might also
go on to knock out Player D,🌟 Player E and Player F, for which he or she gets
anotherR$15 (orR$5 per player).
If Player C then goes on🌟 to make the money in the
tournament, he or she will also get a prize based on their finishing position.🌟 And
dependant on the pre-published payout structure.
In the final reckoning:
Player A will
end with nothing.
Player B will get theR$5 earned🌟 for knocking out Player A
Player C
will getR$25 in knockout payments (for eliminating Player B, Player D, Player E and
🌟 Player F) plus the prize for their finishing position.
It’s worth remembering that the
bounty is only paid to the player🌟 who wins the very last of an eliminated player’s
chips. It doesn’t matter if Player Z wins a huge pot🌟 and leaves an opponent with one
big blind. Player Z won’t win the bounty. The bounty goes to the opponent🌟 who snags
that last chip and causes the actual elimination.
A lot of what happens in a knockout
tournament happens in🌟 a Progressive Knockout (PKO) tournament too. But there’s a
notable twist in the way bounty payments are accumulated.
To recap: in🌟 a KO or a PKO
tournament, one portion of a player’s buy-in goes into a prize pool to be awarded
🌟 incrementally to the top percentage of the finishers, just like a “normal” tournament.
The other portion goes into a bounty🌟 pool.
In a PKO tournament, it’s most common for
these two prize pools to be equal. Meaning half of a player’s🌟 buy-in goes to the
“regular” prize-pool and half goes to a bounty pool.
For example, in a PKO tournament
with aR$109🌟 buy-in:
$50 would go into the regular prize pool
$50 would go into the
bounty pool
(The remainingR$9 is the entry fee.)
Every player🌟 therefore begins the
tournament with aR$50 bounty on their head.
Here’s where it gets interesting:
If you
knock out an opponent in🌟 a PKO tournament, half of their bounty goes straight into your
account as a cash prize. But the other half🌟 is added to your bounty.
It means that the
more players you knock out, not only do your earnings increase, but🌟 also the target on
your head grows bigger.
PKOs made easy
This is what’s meant by “Progressive”. Much like
a spiralling jackpot🌟 on a Vegas slot machine, a player’s bounty in a PKO event grows
progressively bigger as the tournament goes on.
For🌟 example, if Player B knocks out
Player A, Player B gets aR$25 cash prize, while his or her bounty also🌟 increases
byR$25. Player B’s bounty would therefore beR$75 after this encounter (theR$50 on their
head to start with, plus theR$25🌟 for knocking out Player A).
If Player C then knocks
out Player B, Player C gets a cash payout ofR$37.50 (i.e.🌟 half of Player B’sR$75
bounty). But his own bounty increases byR$37.50 too.
If Player C then goes on to knock
out🌟 Player D, Player E and Player F too, he picks up half of their bounties as
immediate cash payments. But🌟 also sees his own bounty grow significantly.
If you happen
to win a PKO tournament — i.e., nobody ever knocks you🌟 out and therefore nobody wins
your bounty — you get to keep your own bounty.
It can often be absolutely huge.🌟 And in
many cases will be bigger than the money you win from the “regular” prize pool. In Fig.
1,🌟 below, “Doktor-4ik20” won the tournament and had a bounty haul ofR$13,610.33, which
will include his own bounty.
“UltimatChief” took onlyR$2,240.80 in🌟 bounty payments
because a large chunk of his went to Doktor-4ik02 at the point of the final
elimination.
Fig 1: Bounty🌟 payments alongside prizes from the main prize pool
The
tournament lobby of a PKO event shows prizes like this, in two🌟 columns: a player’s
bounty haul in one and their “regular” prize in the other
Some players can finish high
up in🌟 the rankings but have nothing in the bounty column, if they didn’t knock out
anyone else (see players “Joe Santana”,🌟 “00SKIP” and “tutuca1987” in Fig 2, below).
While others might be eliminated before the bubble, but still make a profit🌟 from the
tournament if they knocked out a lot of high-value opponents (see “PeroQmaloSoy”).
Fig
2: Some players cash but win🌟 no bounties; others win bounties but don’t cash
Finally,
one last effort to persuade anyone who might still be on the🌟 fence about KO
tournaments.
If you’re curious but need a little more information about why you should
play, the folks over🌟 at PokerStars Learn might be able to persuade you.
You can look
around the PokerStars Blog, and PokerStars Learns for plenty🌟 of reasons to play. But
PokerStars Learn got it down to five.
It’s not about the prize money, although theR$25
million🌟 guaranteed will ensure some big payouts along the way…
It’s not just that you
don’t have to make the money bubble🌟 to come away with prize money, although we think
that’s one of the coolest things about Bounty events.
As they Pete🌟 Clarke of PokerStars
Learn puts it,
“For tournament players, the grind can often feel like a volatile
rollercoaster of long hours🌟 and little downtime. One type of tournament that will
definitely spice up your poker calendar is the progressive knockout.”
So here🌟 they
are.
We admit it. We’ve always found that last one suits our playing styles
perfectly.
Find out more: 5 reasons to🌟 try progressive KO poker tournaments.
Total
Knockout (TKO) tournaments are a relative newcomer to the scene. But with several
usually on🌟 a Bounty Builder Turbo Series schedule, it’s worth a quick look at these
too.
It’s actually pretty easy to figure out:🌟 in these tournaments, 100 percent of a
player’s buy-in goes into the bounty pool. There’s no regular prize pool, and🌟 players
start with their entire buy-in on their heads as a bounty.
If you knock someone out,
you get half of🌟 your opponent’s bounty as a cash prize immediately. The other half goes
into your bounty, much like with a regular🌟 PKO tournament.
The obvious major difference
is that there’s no such thing as a bubble, or a regular prize pool. All🌟 the money
awarded goes in bounties.
This can mean that some players finishing high up in the
rankings might get a🌟 very small payout, if they knocked out relatively few opponents.
While a player low down in the rankings could get🌟 much more, if they knocked out
numerous high-value opponents.
TKO events are most often played heads-up in the Zoom
format. That🌟 means you bounce from table to table and opponent to opponent, facing only
ever one player at any time.
That leads🌟 us on to the next stage. Doing the maths.
This
can put off a lot of players. We may be poker🌟 players. But that doesn’t automatically
make us maths geniuses.
It can get a little tricky working out what money goes where.
🌟 Also, what that means in terms of odds and all-important equity.
Luckily, we’ve done
all the complicated bit for you in🌟 our post about getting to grips with the mathematics
of bounties.
You’ll find practical examples, all the sums, and even a🌟 simple way to
remember it all while you’re in the middle of a game. Feel free to write it on🌟 the back
of your hand.
As the article says, the moment you knock out a player their bounty is
split between🌟 your bankroll and your own bounty.
Knowing how this changes the way you
should play puts you ahead of those other🌟 players oblivious to the details.
“We have to
aggressively try and knock out as many people as possible, and that means🌟 we have to
crunch the equity numbers.”
Find out more: Getting to grips with the mathematics of
bounties
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