Progressive knockout tournaments offer an exciting twist on traditional knockout formats. In contrast to standard knockout tournaments where the bounty amount remains fixed throughout, in a progressive knockout tournament, a player's bounty grows as they advance in the competition. Each time a player eliminates another, they receive a percentage (typically 50%) of the eliminated player's bounty into their account, while the remainder is added to their own bounty, effectively raising it.
For instance, a progressive knockout tournament with an entry fee of $11 might break down as follows: $5 contributes to the overall prize pool, $5 goes towards the knockout bounty, and $1 is the tournament fee.
- At the commencement of the tournament, all players begin with an equal bounty valuation of $5.
- When player A knocks out player B, player A collects 50% of player B's bounty ($2.50) into their balance while the other half ($2.50) increases player A's own bounty.
- Following this knockout, player A's bounty now totals $7.50.
See you at the tables!