Bounty Tournament Guide
More and more online poker rooms, like PKR, have started offering bounty tournaments as an option in there tournaments section. A bounty tournament has two separate structures which differ slightly from each other. The first type of bounty tournament is a tournament where 50% of the buy-in goes to the prize pool and 50% of the buy-in is used towards that player’s bounty. The other type of bounty tournaments is when the entire 100% of the buy-in is used as that player’s bounty.
I personally prefer the tournaments at PokerStars where 100% of the buy-in is used as the player’s bounty because then you don’t need to worry about protecting your chips or trying to win the event. All you need to worry about is knocking out other opponents and winning their bounty. In order to win a player’s bounty all you need to do is knock out any opponent in the tournament. The bounty is automatically credited to your account so you don’t even need to wait until the end of the tournament. If you knock out two opponents then you’re in the profit for the tournament.
These bounty tournaments are ideal for poker player’s who like living on the edge and who aren’t scared to push there chips into the middle of the pot. You need to be willing to go all-in when you have decent hands because if you don’t you won’t make any money. The other opponents in these tournaments are typically going to be loose poker players and aggressive in nature which means they will be battling it out whether you are or not. If you are sitting on the sidelines folding top pairs and such hands while your opponents are playing them you’re not going to win anyone’s bounty.
A lot of the Poker Star hands players will not have that great of a hand, but with the nature of bounty tournaments the action is usually loose no matter what player’s are holding. Bounty tournaments are unique in the fact that you can win a lot of money in them sometimes by going on a nice run of cards and knocking out half the table. You also have a good chance at breaking almost even because as long as you knock out 1 player you basically break even minus the fee you spent in the tournament. By knocking out two or more players you will make money in a regular one table bounty tournament which isn’t that hard to do consistently.
I’ve had many instances in sit and go tournaments at Titan Poker where I may knock out 3 or 4 opponents and only finish in third place which is only a very small amount of profit. If I was playing in a bounty tournament at the time then I would have made a lot of profit by knocking out so many opponents on the table. If you have yet to try out bounty tournaments you should definitely give them a try as they are unique and may work for your playing style. I personally like playing a lot of hands when I play in small tournaments and bounty tournaments allow me to do that.