$5 Million GTD
The biggest progressive knockout tournament in online poker is returning for the eighth time!! Are you prepared to enter the arena and compete for the largest pots of your poker career?
Here’s why you should “throw blows” in the $5 Million GTD Venom PKO!
- Single bounties can pay you tens of thousands of dollars.
You could win a life-changing prize reaching $700,000. - Venom PKO has exceeded the guarantee every time it has run.
- Added ‘Venom Special’ tourneys create more winning potential during every Day 1 and Day 2.
Take a look at the schedule
- Day 1A: Thursday, January 18th (1:05pm ET)
- Day 1B: Sunday, January 21st (1:05pm ET)
- Day 1C: Thursday, January 25th (1:05pm ET)
- Day 1D: Sunday, January 28th (1:05pm ET)
- Day 2: Monday, January 29th (1:05pm ET)
- Day 3: Tuesday, January 30th (1:05pm ET)
Here are the ways to qualify
Venom Fever Satellites take place from January 7th to 28th and there are 650 GTD seats available. Buy in directly starting at $33, or take advantage of Mega Satellites with paths starting at $0. Additionally, Step Tournaments are available with buy-ins as low as 11 cents.
How Progressive Knockout Tournaments Work
When you enter a Progressive Knockout Tournament, we place a cash bounty on every player, including you. It’s a thrilling twist that adds another layer of excitement to the game.
In the Venom PKO, your $2500 buy-in is split evenly. We’ll put $1,250 into the total prize pool, and the other $1,250 becomes your initial bounty. This bounty is what makes you a target for other players – and what makes them targets for you.
Here’s where it gets interesting: When you knock someone out, you don’t just eliminate them from the tournament. You also claim half their bounty in cash that you keep no matter what. The other half gets added to your own bounty, making you an even more valuable target.
In the example above, if you knock someone out at the beginning of the tourney, you’ll get $625 of that bounty. The other $625 is now added to your head. So now, you’re marked with $1,875. If someone takes you out, they’ll get $937.50 and the other $937.50 gets added to their head. And as you might expect, these bounties can become massive, especially late in the game.
Terms and Conditions
- Once you successfully qualify for Day 2 of the tournament, you are not allowed to register for any other Day 1 flights. This means that you cannot play a separate Day 1 to try and accumulate a bigger stack.
- If you hold a primary ticket for the tournament, you cannot sell it. However, if you possess multiple tickets, you may sell the additional ones.
- Players who have won multiple Venom tickets and want to sell them can do so at a mutually agreed-upon price with the buyer. Both the seller and the buyer must email tickettrade@winningpokernetwork.com from their respective email addresses registered to their WPN account. The email should confirm the agreed price and their willingness to agree to the sale.
- If a player has one entry and wishes to purchase additional entries for the upcoming Venom PKO, they are allowed to do so.
- However, any extra entry that is not utilized by the end of late registration on the last Day 1 of the tourney (January 28th, 2024) must be carried over to the next Venom.
- Only $2,650 Venom tickets can be transferred. Any other ticket for any other tourney is non-transferable and expires at 1 year from date of issue.
$2,650 Venom tickets have to be used for Venom events.
Players can use just one - WPN account for the January $5 Million Venom PKO tourney.
- Players who hold multiple tickets across different Winning Poker Network accounts are required to contact customer service for ticket consolidation before the start of Day 1A of the $5 Million Venom PKO, scheduled to begin on Thursday, January 18th.
- Players that don’t contact customer service to consolidate their tickets into one account will have an automatic forfeiture of all tickets once the tournament commences. Additionally, all their WPN accounts will be permanently banned.
- Players found competing in the January $5 Million Venom PKO from more than one WPN account will have any winnings forfeited.
- Deal-making during the Final Table is allowed.
- Americas Cardroom reserves the right to modify the terms and conditions of the tournament within a reasonable timeframe before the event.
