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The BetMGM Poker MI is all set to ignite excitement among players with the thrilling BetMGM Summer PKO Fest, scheduled to take place from Sunday, Aug. 14 to Sunday, Aug. 21. Get ready to showcase your skills and go head-to-head in this action-packed event.
There are a total of 25 events scheduled for the eight-day series, with buy-ins varying from $20 to $215. Additionally, the series will take place simultaneously in New Jersey and Pennsylvania, offering a combined guarantee of $480,000 across both platforms.
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PKO series will bring heated action
Progressive knockout tournaments are currently highly popular in the poker community due to their ability to generate a higher level of excitement and action compared to other tournament formats.
In this particular play format, fifty percent of every player’s buy-in is allocated towards the prize money that is at stake, whereas the remaining fifty percent is designated as their bounty.
Players receive half of their opponent’s bounty as a reward when they achieve a knockout, and the remaining half is added to their own total. Naturally, as bounties grow, players might be motivated to adapt their playing strategies.
In addition, these tournaments enable players to earn money even if they do not reach the top positions and also to accumulate larger bounty rewards than what they would receive from the prize pool alone.
BetMGM is giving the players what they want
After the conclusion of the WSOP and the return of Michigan poker players to their homes, BetMGM is determined to maintain the positive momentum gained during the summer. This includes the success of their online series and the BetMGM Poker Championship held at ARIA Resort and Casino in Las Vegas.
Luke Staudenmaier, the Director of Poker at BetMGM, emphasized the increasing significance of providing players with popular offerings during the summer months in the world of poker. He specifically highlighted the surging popularity of progressive knockout events at present.
According to Staudenmaier, BetMGM Poker will be hosting its sixth series that includes a PKO event, and it will be the second series entirely dedicated to PKOs. The initial series of this kind took place in February 2022.
BetMGM Summer PKO Fest schedule
The series will take place over the course of two Sundays, featuring multiple events each night. With the exception of Saturday, August 20th, where three events will be held, all tournaments will be No-Limit Hold’em. The three events scheduled for that day will be played in Pot-Limit Omaha format.
| Date |
Time |
Event |
Buy-In |
Bounty |
| Aug. 14 |
5 p.m. |
Summer PKO Opener |
$215 |
$100 |
| Aug. 14 |
6 p.m. |
Summer Scrap PKO |
$50 |
$25 |
| Aug. 14 |
7 p.m. |
Summer Sprint PKO |
$20 |
$10 |
| Aug. 15 |
7 p.m. |
Summer Slam PKO |
$100 |
$50 |
| Aug. 15 |
8 p.m. |
Summer Scrap PKO |
$50 |
$25 |
| Aug. 15 |
9 p.m |
Summer Sprint PKO |
$20 |
$10 |
| Aug. 16 |
7 p.m. |
Summer Slam PKO |
$100 |
$50 |
| Aug. 16 |
8 p.m. |
Summer Scrap PKO |
$50 |
$25 |
| Aug. 16 |
9 p.m |
Summer Sprint PKO |
$20 |
$10 |
| Aug. 17 |
7 p.m. |
Summer Slam PKO |
$100 |
$50 |
| Aug. 17 |
8 p.m. |
Summer Scrap PKO |
$50 |
$25 |
| Aug. 17 |
9 p.m |
Summer Sprint PKO |
$20 |
$10 |
| Aug. 18 |
7 p.m. |
Summer Slam PKO |
$100 |
$50 |
| Aug. 18 |
8 p.m. |
Summer Scrap PKO |
$50 |
$25 |
| Aug. 18 |
9 p.m |
Summer Sprint PKO |
$20 |
$10 |
| Aug. 19 |
7 p.m. |
Summer Slam PKO |
$100 |
$50 |
| Aug. 19 |
8 p.m. |
Summer Scrap PKO |
$50 |
$25 |
| Aug. 19 |
9 p.m |
Summer Sprint PKO |
$20 |
$10 |
| Aug. 20 |
7 p.m. |
Summer Slam PKO – Pot-Limit Omaha |
$100 |
$50 |
| Aug. 20 |
8 p.m. |
Summer Scrap PKO – Pot-Limit Omaha |
$50 |
$25 |
| Aug. 20 |
9 p.m |
Summer Sprint PKO – Pot-Limit Omaha |
$20 |
$10 |
| Aug. 21 |
5 p.m. |
Summer PKO Main Event |
$215 |
$100 |
| Aug. 21 |
6 p.m. |
Summer Slam PKO |
$50 |
$25 |
| Aug. 21 |
7 p.m. |
Summer Scrap PKO |
$100 |
$50 |
| Aug. 21 |
8 p.m. |
Summer Sprint PKO |
$20 |
$10 |
To participate, players must comply with the following criteria: they must be 21 years old or above and physically located within Michigan state borders. The buy-ins mentioned above encompass the worth of the associated bounties as indicated in the adjacent column.
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