- In partypoker’s continued drive to attract new players to its platform and away from competitors, the KO series will run without rake collected on the bounty portion of the tournament.
- This forms part of partypoker’s six month plan to reduce rake in all progressive knockout (PKO) tournaments between 40-60% and low stakes MTTs by 20%.
- The four Championship events will have a combined prize pool of $2 million compared to the seven Championship events run in March, three of which had a $1 million guarantee.
The partypoker Knockout Series is set to return for the second time this year, with $10 million guaranteed spread over the course of eight days and 226 events.
It will be the first online series run by the operator without rake on the bounty portion of the knockout events. The operator is running a six-month trial of reduced rake in all progressive knockout (PKO) tournaments which amounts to an effective 40-60% reduction in rake.