# Progressive Knockout (PKO)

> Source: [Progressive Knockout (PKO) in the Smarter.Poker Glossary](https://smarter.poker/glossary/progressive-knockout)

## Definition
A Progressive Knockout, Or PKO, Is A Bounty Tournament Where Half Of An Eliminated Player's Bounty Is Awarded Immediately To The Winner Of The Pot And The Other Half Is Added Onto The Winner's Own Head. As The Tournament Reaches The Final Table, Surviving Players Carry Enormous Bounties That Outweigh Standard Ladder Payout Jumps.

- **Category**: Live Room
- **Term Code**: `progressive-knockout`
- **DefinedTermSet**: [Smarter.Poker Poker Glossary](https://smarter.poker/glossary)

## Related Poker Terms

- [Mystery Bounty](https://smarter.poker/glossary/mystery-bounty) ([Markdown](https://smarter.poker/glossary/mystery-bounty.md)): A Mystery Bounty Is A Tournament Format Where Knocking Out An Opponent After The Bounty Phase Begins Awards A Sealed Envelope Or Random Prize Draw Instead Of A Fixed Cash Amount. Prizes Range From One Minimum Bounty Up To A Jackpot Worth Ten Percent Or More Of The Total Prize Pool, Dramatically Increasing Late-Stage Shoving And Calling Incentives.
- [ICM (Independent Chip Model)](https://smarter.poker/glossary/icm) ([Markdown](https://smarter.poker/glossary/icm.md)): ICM, The Independent Chip Model, Converts Tournament Chip Stacks Into Shares Of The Remaining Prize Pool. Because Chips Lost Hurt More Than Chips Won Help Once Payouts Are Close, ICM Tells Players To Tighten Their Calling Ranges Near The Bubble And At Final Tables. It Is The Standard Tool For Tournament Deals And Late Stage Push And Fold Decisions.
- [EV (Expected Value)](https://smarter.poker/glossary/expected-value) ([Markdown](https://smarter.poker/glossary/expected-value.md)): Expected Value, Or EV, Is The Average Result Of A Decision If It Could Be Repeated Many Times. Each Possible Outcome Is Multiplied By Its Probability And The Results Are Added Together. A Positive EV Play Earns Over Time Even When It Loses On A Given Hand, Which Is Why Good Players Judge Decisions By EV Rather Than Results.
- [Pot Odds](https://smarter.poker/glossary/pot-odds) ([Markdown](https://smarter.poker/glossary/pot-odds.md)): Pot Odds Compare The Size Of A Call With The Pot You Could Win. Divide The Call By The Total Pot After You Call To Find The Equity You Need: Calling 50 Into A Pot That Will Be 150 Needs 33 Percent. If Your Equity Is Higher Than That Break Even Point, The Call Makes Money Over Time.

## Practice On Smarter.Poker

- [Club Commander](https://smarter.poker/hub/commander): Live Poker Room Waitlists, Game Boards And Tournament Clocks.
- [Club Commander Guide](https://smarter.poker/features/club-commander): Feature Specification For Cardroom Waitlists And Tournament Clocks.
- [Poker Near Me](https://smarter.poker/hub/poker-near-me/lobby): Find A Live Poker Room And Its Games.
- [Poker Near Me Guide](https://smarter.poker/features/poker-near-me): Live Poker Room And Tournament Discovery Specification.

## Compliance & Fair Play

There Is No Real-Money Gambling On Smarter.Poker: Club Chips Are Play Credits With No Cash Value, And Diamonds Are A Promotional Rewards Currency.