When you play in a Knockout Tournament, we’ll place a cash bounty on every player in the tournament. When you knock someone out, half their bounty goes into your pocket and the other half goes on your head. For a complete description and example of how they work, click here.
Knockout Tournaments work the same as regular tournaments, except there’s a twist. Each player who enters has a bounty placed on his or her head. Every time you knock a player out, you get his or her bounty. That means even if you bubble the tourney, you can make a lot of money by taking down players. Look for Knockout Tournaments under the Scheduled Tournaments tab.
PKO stands for Progressive Knockout Tournament, which is basically a bounty tournament on steroids. In regular bounty tournaments, each player has a bounty on their head. Knock out that player and you get 100% of that bounty. But in PKO’s, you get 50% of the bounty of the player you knock out and the other 50% goes on your head. That means as more players get knocked out, the bounties on the remaining players have the potential to grow to huge amounts. If you want to play in a Progressive Knockout Tournament, just look for PKO in the tourney description. You can also look for the bulls-eye symbol to find it quickly.