Progressive Pay-outs operate like an automated teller machine (ATM) once a tournament reaches the in the money (ITM) stage. With progressive pay-outs players will receive cash in their poker account as soon as the bubble bursts. Then they'll continue to get additional cash with each and every pay jump. With ITM ATM functionality, your award money from tournaments is available immediately. That means you can put your winnings to use as soon as possible.
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.
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