The total prize pool is $10,000 and so each chip is equal to 10,000 / 10,000,000 = $0.001 – one tenth of a cent. If there are 1000 players in the tournament to begin with and the buy-in is $10, and each player starts with 10,000 chips, then there are 10 million chips in play. We can actually translate the money earned from bounties into chips and then input it into our calculation. When we add a bounty to the equation, the call is an absolute no brainer for the BU. But read on to see how the bounty affects the equation…Ĭalling It Off in a Progressive Knockout Tournament In a tournament with no bounties, it won’t matter one bit whether they call or fold. The Rule of 4 states that we can multiply outs by 4 on the flop to find equityīTN has roughly 32% equity, almost exactly what they need to break even. Since there are still two cards to come, BTN can use the rule of 4 to work out their equity. It looks a lot like the 6-high hand has to hit a straight to win here – so their equity then is simply how often they get there. Either way, their decision is a close one now. Maybe the CO folds a lot to 3-bets, or maybe the BTN is just the sort of guy to attack a lot with the big stack. Let’s say that BU’s hand was actually 6 ♣ 4 ♣ – a somewhat cheeky 3-bet bluff. The BTN needs 31% equity to break even in chips. In order to break even in chips, they need to win (amount to call)/(amount to call + total pot) % of the time. Now BTN has a classic end of action spot decision. The CO checks to the aggressor and the BTN bets 8000. We are already approaching a situation where all-ins are looming on the horizon. The pot is 16,000 including dead antes and blinds and the effective stack is now 29,000. Player A calls the 3-bet and the flop comes Q ♦ 5 ♥ 3 ♠. Perhaps the best way to see how bounties affect-decision making is to start off by analysing a hand in a non-bounty tournament. Now let’s cover how a big bounty – either on your own head or that of your opponent – can make a big difference to the math of many a decision. 5 Reasons to Try Progressive KO Poker Tournaments.In earlier articles, I covered why progressive knockouts are worth a try and how to roughly adapt your game.
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