Poker glossary
Knockout Tournament
A knockout tournament awards a bounty for eliminating players.
Full explanation
A knockout tournament awards a bounty for eliminating players.
Explanation. In knockout (KO) events, each player has a bounty on their head; if you bust someone, you collect that bounty directly. The term comes from elimination—knocking out opponents. This structure changes strategy: players may play aggressively to collect bounty rather than purely for placement.