Progressive Knockout Schedule Runs Through September 20
A new $2,500,000 Bounty Hunt Series gets underway on Aug. 31, bringing three weeks of progressive knockout tournaments to online poker players. The festival continues through Sept. 20 and features at least $100,000 in guaranteed prize money every day.
Every tournament in the series uses the progressive knockout format, placing a bounty on each player from the beginning. Participants can earn additional prizes by eliminating opponents while continuing to compete for their portion of the main tournament prize pool.
The combination of regular payouts and knockout rewards creates two separate ways to increase tournament returns during each event.
Buy-ins across the schedule begin at $5, giving players several entry points throughout the 21-day festival. Daily tournaments will continue for the full duration of the series, with combined guarantees contributing to the advertised $2.5 million total.
PKO Format Adds Value to Every Elimination
Progressive knockout tournaments differ from standard poker events because eliminating another player produces an immediate payout.
When a player scores a knockout, part of the opponent’s bounty is awarded directly, while another portion is added to the winner’s own bounty. As more eliminations are recorded, that bounty can continue to increase.
This structure changes tournament strategy considerably. Building a large stack remains important, but players also need to consider the value attached to opponents when deciding whether to enter pots or take higher variance spots.
A player can therefore collect meaningful bounty prizes before reaching the final stages of an event. Deep runs remain valuable because the largest tournament payouts are concentrated near the top, but knockout rewards provide an additional source of returns throughout the competition.
With tournaments running every day and guarantees of at least $100,000, the festival provides repeated opportunities to play the PKO format rather than concentrating the schedule around only a few major events.
Opening Week Includes an Extra $30 Tournament Ticket
The opening stage of the festival also features a deposit-related tournament incentive.
From Aug. 31 through Sept. 6, qualifying players who deposit $100 can receive a $30 Tournament Ticket. The promotion covers the first week of the series and provides another route into the scheduled events.
A separate welcome incentive is available for eligible first-time depositors. A qualifying initial deposit of at least $50 can provide $10 in instant cash, adding extra funds that can be used during the opening portion of the festival.
These offers sit alongside the main tournament schedule, which continues for three weeks and gives players the chance to collect knockout rewards while competing for daily guarantees.
PKO Tournaments Remain a Major Part of Online Poker
Progressive knockout events have become a regular part of online tournament schedules because they combine traditional prize pools with immediate rewards for eliminations.
The format is also represented across modern poker platforms such as BCPoker, where players can find tournament formats alongside cash games and other poker options. The Bounty Hunt schedule itself provides another example of how PKO tournaments can support longer festival structures with accessible buy-ins and substantial daily guarantees.
From Aug. 31 through Sept. 20, the $2.5 million series will offer 21 days of bounty-focused tournament action, with $5 starting buy-ins and at least $100,000 guaranteed each day.
