What Is a Bounty in Poker Tournaments?

A bounty is a cash prize you collect the moment you knock a player out, funded by splitting each entry fee between the prize pool and a sum on every player's head. In a $109 knockout, $50 might go to the prize pool and $50 becomes your bounty, paid to whoever busts you. That money is won by calling rather than by surviving, so bounties pull against ICM.

The formats you will meet

Every knockout event pays for eliminations. How it pays changes what you should do about it.

Format	What you collect	What it changes
Standard knockout	A fixed amount for each player you bust	Mild, constant loosening when you cover
Progressive knockout	Half the victim's bounty in cash, half on your head	Big bounties get hunted hardest
Mystery bounty	A sealed prize drawn after a set stage	Surviving to the draw is worth money

In a progressive event your own price grows with every scalp, so the chip leader is the richest target at the table.

What a bounty does to your calling range

You win a bounty only by covering a player and putting them all in — folding never collects. Treat the prize as extra chips in the middle that only you can claim, then take your pot odds as normal.

Blinds are 500/1,000 and the BTN shoves for 10bb. You hold A♠9♠ in the big blind, calling 9bb into 11.5bb, so you need roughly 44% equity against a tight shoving range.

Now suppose their bounty is worth about 8bb of tournament equity to you. The same 9bb call wins 19.5bb, and your break-even number falls to around 32%. K♣8♣ and A♦4♦ go from folds to calls.

Bounties pay the player who covers. With the bigger stack a bounty lowers the equity you need to call; as the short stack, it is your head being hunted.

Where bounties and ICM collide

ICM says the chips you hold are worth more than the chips you can win, so you fold marginal spots as a pay jump nears. A bounty is cash, banked instantly.

Size decides which force wins. Early on, with pay jumps small beside the bounties, you call wider than a standard shove chart suggests. At a final table where one rung of the ladder is worth several buy-ins, the pay jump takes over. A tournament ICM calculator prices that rung so you can weigh it against the bounty.

Mistakes that cost the most

Three errors show up again and again.

• Calling without covering. If the shover covers you there is no bounty to win, so price the call as you would in any tournament.
• Paying too much for it. A bounty is a fixed amount, so it matters most in small pots. Calling 8bb for a $50 bounty is decisive; calling 60bb for the same $50 is noise.
• Ignoring your own head. After two or three scalps your steals get contested and your value bets get paid off lighter. Open a shade tighter and bet thinner.