- Legal States
Luke Thompson August 26, 2021 3 min read
Americas Cardroom’s Venom PKO III Puts a Guarantee of $5M on the Line
In the wake of its grandiose The Venom poker tournament, Americas Cardroom (ACR) is preparing the next edition of its spinoff series – The Venom Progressive Knockout (PKO) III. The news shows that Americas Cardroom is hellbent on expanding its franchises through spectacular events.
Everything About the Venom PKO III
The Venom PKO III online tournament will have only half of the prize pool the last mainline Venom event had, but that still means it will boast a guarantee of the tempting $5 million. The champion of the event is sure to take back home an impressive six-figure prize.
ACR released a promotional video where professional poker players share their excitement about the PKO event. The card game veterans are firm that Venom PKO III is a great opportunity to play, have fun and be rewarded for it and are eagerly awaiting the tournament. The competition will likely be really big, as Venom PKO’s first and second iterations attracted over 2,000 participants.
Entry to the event will cost $2,650, but players can also play their way into the Venom PKO III. On September 3, a PKO Fever event will begin and will give players the chance to win their ticket through qualifiers.
The PKO III will take place between September 17 and September 29. There will be more than one “first day” events and players can sign up for all of them if they wish so.
The Day 1 dates are September 17, 19, 24 and 26, followed by Days 2 and 3 on September 27 and 28, respectively, and the final table on September 29.
Differences Between The Venom and The Venom PKO
The Venom PKO is a progressive knockout-style tournament. In it, everyone begins with a “bounty,” made up of 50% of the entry fee, with the remainder fueling the total prize pool.
Once a player is defeated, 50% of his or her bounty is transferred to the victor’s account and the remaining 50% goes to increase the victor’s bounty. This way, a participant can win a decent sum even without winning the event itself.
In contrast, The Venom mainline series is a straight freezeout tournament. ACR put a lot of effort into making it the richest online event hosted by a US site. It boasted a guaranteed prize pool of $10 million, with the winner, Sohale Khalili, taking home $1.5 million.
In comparison, PKO’s first edition was won by Austrian player pinguinachica, who cashed in $751,068 in total. PKO II was dominated by American player RyDo, who got $738,134 out of it.
Poker players who want to give Venom PKO III a go can get additional details on ACR’s official site.