In a progressive knockout tournament, half of every bounty you win is paid immediately and half is added to your own head. That single rule compounds throughout the event and makes stack coverage the most important variable at the table — more important, at many stages, than absolute chip count.
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You can only collect a bounty from a player you cover. Against a bigger stack, an all-in risks your tournament life and your own bounty with no bounty upside at all. That asymmetry, not the raw pot odds, drives most correct PKO decisions.
The practical habit is to check stack sizes before acting, every time. In a standard tournament that is useful; in a PKO it is the primary input.
Against a short stack you cover, the bounty is effectively extra dead money in the pot, so calls that would be losing become correct — sometimes dramatically so with hands that flip well. The bigger the bounty relative to the pot, the wider the correct range.
Shoving ranges change less than calling ranges. The common error is over-shoving into bigger stacks in the hope of doubling, which hands your own inflated bounty to an opponent when it fails.
Expect to be called wider than normal. A big bounty makes you a target, which means your bluffs get through less often and your value bets get paid more. Adjust by value-betting thinner and bluffing less, rather than by playing scared.
Late in the event, the balance shifts back towards ICM. Pay jumps grow and remaining bounties shrink relative to them, so the bounty-driven aggression that worked early becomes a leak at the final table.
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