WHAT’S DIFFERENT ABOUT PROGRESSIVE BOUNTY TOURNAMENTS?
Situs Poker Online Tournaments, also known as Progressive Knockout Tournaments just launched at Global Poker and for many they are a great unknown. They have become a massive hit in the European-centric global poker market and look poised to become the dominant format in online tournament poker. Despite their popularity a lot of good players do not know how to adapt to them. This means there is a real opportunity for American players to get a head start on them before they become just as big Stateside.
I have just cowritten a book on these tournaments called PKO Poker Strategy with online MTT legend Dara O’Kearney. In the book we present the biggest adjustments you need to make in progressive knockouts. We think the best way to learn is to think about how you would play in a regular MTT and then study how your strategy should diverge in a PKO.
PKOs will prove to be one of the most complex forms of poker, but understanding the broad differences will put you ahead of the field in these games. Today I wanted to highlight some of the biggest adjustments you can make now as well as some need-to-knows about PKOs.
SERIOUS PLAYERS HATE THEM
The biggest opportunity where PKOs are concerned is that otherwise good players seem to hate them. They consider them a form of gambling because recreational players get rewarded for making loose calls and have more ‘winning moments’.
The reality is that they are not gambling at all, it is just that PKOs are higher variance than the other forms of tournament poker we have been brought up on. If you regularly bust the first level of a normal tournament you are definitely doing it wrong, but busting early in a PKO is a sign you are playing them well. This is very hard for good regulars to conceptualise when they have spent their career trying to get to the money, and beyond.
As a result you will see less professional poker players in PKOs and many of the ones that do play them have not studied the format well. This is a great opportunity for the player who is willing to put in the work studying PKOs.