What is a Knockout Tournament in Poker?
A knockout tournament is a poker tournament format where one portion of the player’s buy-in goes to the tournament prize pool, and the other one goes into the bounty pool. In other words, every player has a bounty attached to them, so whenever you eliminate an opponent, you get the bounty attached to their head.
There are three types of knockout tournaments: regular knockout tournaments, progressive knockouts, and super knockouts.
Knockout Tournament Poker Example:
If the knockout tournament has a $55 buy-in and a standard 20% set aside for bounties, you will get $10 for each player you eliminate. This is on top of the regular payout structure that the tournament will have.