In Knockout (KO) tournaments, every player has a bounty. Every time you eliminate an opponent, you win a player's bounty as cash.
When you buy into the tournament, you pay an extra fee as your bounty. For example, a KO tournament has a total buy-in of $27. $20 goes into the prize pool, $5 is your bounty and $2 is the tournament fee. You'll receive your bounty fee back if you win a tournament.
You can also enjoy two other types of KO tournaments:
To find KO tournaments, enter ‘KO’ in the ‘Find a tournament’ search box under the 'Tourney' and 'Sit & Go' tabs.