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In a Progressive Knockout Tournament, each player has a bounty on their head which increases with each elimination. As a result, as the tournament progresses, the bounty on your head increases, making it more and more lucrative for other players to try to knock you out.
What Are Progressive Knockout Tournaments in Poker? - William Hill
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If you knock someone out, you get half of your opponent's bounty as a cash prize immediately. The other half goes into your bounty, much like with a regular PKO tournament. The obvious major difference is that there's no such thing as a bubble, or a regular prize pool. All the money awarded goes in bounties.
What's the difference between KO, PKO and TKO poker? - PokerStars
pokerstars : poker : learn : news : whats-the-difference-betwee...
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  • The main difference between system bets and multi (parlay) bets is that you can win a system bet even if πŸ‰ not all your picks are correct. For example, in the case of a 2/3 system bet, you win even if πŸ‰ only two of your three predictions turn out to be correct. Please note that the amount of possible winnings displayed πŸ‰ when you place your bet corresponds to the maximum winnings, i.e. in the above example, they payout if all three πŸ‰ of picks are correct. In a system bet, combinations of picks are formed. An example is shown below:

    You have selected πŸ‰ four different picks and opted for a 2/4 system bet. This means that you will be placing a total of πŸ‰ six bets, since there are six possible winning pairs based on those four predictions. The stake per bet of EUR πŸ‰ 0.50 is wagered on each of those six bets. According to the principle of the system bet, you win even πŸ‰ if only two of the four predictions prove correct. The exact amount of the winnings depends on how many of πŸ‰ the predictions prove correct.

    Next, you can see that the total stake for the system bet equals EUR 3 (6 x πŸ‰ EUR 0.50). Once you have placed the final bet, the system bet will be displayed under β€œMy account”/”My bets”. In πŸ‰ the detailed view of bets, you can see the combinations formed with the four picks:

    The more correct picks you have πŸ‰ in your system bet, the higher the winnings. If you fail to meet the system criterion (e.g. only one pick πŸ‰ is correct in a 2/4 system bet), you lose the bet.

    Here is an overview of all the available system bets:


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