- »PokerStars and PartyPoker End PKO Series on a High
PokerStars and PartyPoker End PKO Series on a High
PKO tournaments are growing in popularity thanks to them making it possible to win money without cashing. They’re exceeding popular in the online poker world, particularly at PokerStars and partypoker.
Both of these global leaders ran a PKO series recently and both ended on a massive high.
$273K Won From a $530 Buy-in PKO Event at PokerStars
PokerStars’ PKO festival, the Bounty Builder Series, concluded on February 16th with a $530 buy-in Main Event. The guarantee weighed in at $2.5 million despite a relatively small buy-in for a Main Event. A massive field of 5,976-entrants created a $2,988,000 prize pool shared half among the top 847 finishers and the remaining 50% going on the heads of all the entrants.
Everyone at the eight-handed final table locked up at least $17,797 plus whatever bounties they collected. PKO tournaments result in some massive bounties and this tournament was no different.
Eighth-placed “Choimaa1234” saw their $17,797 boosted by $10,365 from the bounty prize pool!
“k9 romeu” fell next and won a combined $36,285 before “pitaoufmg” turned their $530 into $50,616. Bulgarian “soldier_1912” ran out of steam and busted in fifth-place, which was a result good for $74,799. “QuadVQuadMe” won $93,678 for their fourth-place finish all the way over in New Zealand.
Everyone else was no guaranteed a six-figure haul. Brazilian star “fred_volpe” fell in third for $104,563 plus $16,704 for a total of $121,267. This left only two players in the hunt for the massive top prize.
PKO tournaments see the eventual champion win the bounty on their own heads. This bounty tends to be nothing short of huge.
Heads-up was a battle between Romania’s “Zurba25pin” and Brazil’s “peterwhooo”. It was the European who emerged victoriously and banked $180,665 plus $92,926 worth of bounties. That bounty payment included the scalp of peterwhooo who had to console themselves with a combined $215,128.
Bounty Builder Series 173: $530 NLHE 8-Max PKO Main Event
Eight Main Events in partypoker KO Series
The PKO series at partypoker is called KO Series and it also finished this weekend. partypoker ran eight Main events, four played as no-limit hold’em and four as pot-limit Omaha. Each of those eight Main Events can be broken down into Medium, High, High Roller and Super High Roller-sized buy-ins. We’re concerning ourselves with the $2,100 buy-in Super High Roller NLHE Main Event.
“Pharaon” won the biggest prize in this PKO, taking home $119,289 in total. This is broken down from $50,711 from the main prize pool and $68,578 worth of bounties. That’s correct, the champion banked more money from bounties than first-place money!
The champion was the only player to enjoy a six-figure payday, but the finalists still won big amounts. Runner-up “CarpePiscis” netted a combined $61,752 with third-place “Alexis72” boosting their bankroll with $54,602 in total.
It goes to show how lucrative PKO tournaments can be.
KO Series #67-SHR: $500K Gtd Main Event 8-Max
How Do PKO Tournaments Work?
PKO stands for Progressive Knock Out and they receive their name because the bounties progressively grow larger.
In the partypoker example above, each player starts with $1,050 on their heads. They receive $525 if they bust someone with a starting bounty and the remaining $525 goes on their head. This creates an interesting dynamic because you become a more attractive target for your opponents the more money you win!