The first-ever knockout-exclusive tournament series debuts on GGPoker with tournament fees capped at 5%
GGPoker launches its Bounty Hunters Series shortly after the Good Game Series of Poker (GGSOP) ended. The Bounty Hunters series is GGPoker’s first-ever knockout-exclusive tournament for its fans.
This exciting tournament kicks off this Sunday, October 11, and it spans for over two weeks. However, the game promises a $40 million guarantee distributed across the 556 tournaments. The tournament comes with approximately 350 progressive knock-out tournaments and another 200 side events, which include GGPoker’s GGMasters (a popular weekly game on GGPoker), the Super MILLION$, the Blade High Roller tournaments, and the PLO High Rollers.
GGPoker made the announcement yesterday:
BOUNTY HUNTER SERIES IS COMING!
We will leave this post up for 24 HOURS.
After 24 hours, we'll check the amount of RETWEETS and DOUBLE the value in tourney tickets for RANDOM winners.
WIN BUNDLES OF TICKETS TO OUR NEW BOUNTY HUNTER SERIES!!!
RT & NICKS! pic.twitter.com/wha94Hy7tS
— GGPoker – World’s Biggest Poker Room (@GGPoker) October 9, 2020
Features of The Bounty Hunter Series
According to GGPoker, the Bounty Hunters will guarantee over $500,000 daily. However, the biggest bounty tournament ever in GGPoker, which is the Super MILLION$ Bounty Hunters, will have buy-ins that range from $5.25 to $10,300.
Daily Main Event editions will take place daily with guarantees ranging from $75,000 to $150,000. There will be $150,000 in guaranteed prize money in the Bounty King Main Event and its High Roller Edition, which has a buy-in of $3,150.
It is essential to know that every Sunday, the Main Event with a buy-in of $210 comes with half a million dollars in prize money.
The New Speed Racer PKO Tournament Format
GGPoker will also roll out a new tournament format known as Speed Racer. This new format allows players to begin with just ten big blinds, and each level lasts for two minutes except for the first stage. There will be five different buy-ins in each event that range from $10.50 to $105. Also, these events allow a late registration period of 20 minutes.
Furthermore, every event will be played in the PKO format, including the daily edition of the $25 buy-in GGMasters freeze-out tournament.
In the PKO (Progressive knock-out) tournament, a bounty is placed on every entrant. Each time you eliminate another player, you will win an instant cash prize. Every player will start with a bounty (half of the buy-in), and eliminating a player will give you half of their bounty as an instant prize, while the other half is added to your bounty.
For example, in a PKO event with a $20 buy-in, everyone will start with a $10 bounty, and the remaining $10 goes into the regular prize pool. When you knock someone out with a $10 bounty, you will take $5 into your account, and $5 will be added to your bounty.
This format has become popular as it allows players to win more money right from the first hand. The prize is distributed widely across the field, allowing the tournament enticing to every poker player.
Additionally, what makes the series very distinct is that GGPoker doesn’t charge rake on every bounty portion of the buy-in; meanwhile, the tournament is pegged at 5%, which is a less expensive offer.
There is a leader board with $100,000 in guarantee that goes along with the series. The guaranteed prize will be shared among the top 10 outstanding players in the series.
Currently, GGPoker is also organizing a WPT Asia Online Series, and it has a guarantee of $100 million Hong Kong Dollars. Only players from Asia can participate in this exciting event. Next month, GGPoker will roll out the online edition of the Battle of Malta series.
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