If you’re a fan of progressive knockout tournaments, then BetOnline Poker has you covered for the rest of February with their King of the Ring Tournament Series.
The series runs from February 19 to 26 and features $888,000 in guaranteed money spread over 110 PKO tournaments. There is also one non-PKO tournament thrown into the mix on the final Sunday of the series, February 26 with a $250,000 guarantee.
King of the Ring Tournament Series
If you are not aware of how PKO tournaments work here’s quick rundown. PKO tournaments feature a 50/50 buy-in structure where 50 percent of the buy-in goes to the prize pool and the other 50 percent in placed on your head as a bounty.
When you knock out out another player, you collect half of their bounty, and the other half is added to the bounty on your head. You can collect some cash in the tournament without reaching the bubble and bounties get larger and larger as the tournament progresses.
Along with the 110 events on the series schedule there is also $10,000 King of the Ring Leaderboards. There are three different leaderboards throughout the series including a $1,500 Lightweight Leaderboard ($5.50-$11 buy-ins), a $3,500 Middleweight Leaderboard ($22-$55 buy-ins), and a $5,000 Heavyweight Leaderboard ($100+ buy-ins).
Every time you knockout a player in a series event you’ll pick up a point for the leaderboard affiliated with that event. Here’s is the prize structure for every leaderboard
$1,500 Lightweight Leaderboard:
1st = $150 tournament money
2nd = $125 tournament money
3rd = $100 tournament money
4th = $85 tournament money
5th = $65 tournament money
6th-10th = $50 tournament money
11th – 20th = $35 tournament money
21st – 35th = $25 tournament money
$3,500 Middleweight Leaderboard:
1st = $250 tournament money
2nd = $215 tournament money
3rd = $180 tournament money
4th = $150 tournament money
5th = $130 tournament money
6th-10th = $100 tournament money
11th – 20th = $95 tournament money
21st – 35th = $75 tournament money
$5,000 Heavyweight Leaderboard
1st = $400 tournament money
2nd = $350 tournament money
3rd = $300 tournament money
4th = $250 tournament money
5th = $200 tournament money
6th-10th = $165 tournament money
11th – 20th = $125 tournament money
21st – 35th = $95 tournament money
For the full King of the Ring Tournament Series schedule and event details, visit the BetOnline Poker lobby.