{"id":2296,"date":"2018-05-28T13:15:12","date_gmt":"2018-05-28T13:15:12","guid":{"rendered":"https:\/\/www.top10pokersites.net\/?p=2296"},"modified":"2018-05-28T13:15:12","modified_gmt":"2018-05-28T13:15:12","slug":"partypoker-launches-restructured-knockout-series-with-reduced-rake","status":"publish","type":"post","link":"https:\/\/www.top10pokersites.net\/news\/partypoker-launches-restructured-knockout-series-with-reduced-rake","title":{"rendered":"partypoker Launches Restructured KO Series With Reduced Rake"},"content":{"rendered":"
partypoker<\/a> recently announced the launch of another Knockout (KO) Series<\/strong> that will take place in June. The KO series will have a lot more events to choose from and a newly introduced reduced rake structure. Following the disastrous crash of the last KO Series, partypoker is hoping to come back with better structured events and servers.<\/p>\n The inaugural KO Series held took place from February 25 to March 4, where $10 million in guarantee was given out across 164 low and high buy-in events. Apart from the regular buy-ins that ranged from as low as $1.10 to as high as $5,200<\/strong>, there were seven Championship events a total of $3.67 million in guarantees. Two of the events came with a $1 million GTD.<\/p>\n Some could say the event was a success, but a server crash plagued the last day of the KO Series<\/a>, making many players disappointed and outraged. <\/p>\n During the finale of the last KO Series, partypoker severs crashed, sending players into a flurry of connection issues at the end of the festival. The on-going tournaments were paused, and all MTTs scheduled on March 4 were cancelled.<\/p>\n All rebates were issued in the 48 hours that followed the outage, and $2 million was added to various prize pools in the remaining events.<\/p>\n This time around, the KO Series will see as many as 226 events across Micro, Low, Medium, High and High Roller events. Buy-ins start from as low as $0.55 to a manageable $1,050 to accommodate players from all bankrolls.<\/p>\n While there are more side events to play in, this upcoming KO Series will only offer four Championship events, with a total of $2 million in guarantees, each at $500,000. The four championship events are two sets of a $530 High Roller 6-Max and $1,050 High Roller Smooth, scheduled on June 3 and June 10.<\/p>\n The new KO Series will follow the newly introduced buy-in structure launched during the POWERFEST series<\/strong> earlier this month, where there is no rake in the bounty portion of all Progressive Knockout (PKO) events<\/a>. The new format is gaining popularity among partypoker regulars and partypoker is considering rolling it into permanent effect across all PKO MTT structures.<\/p>\n In a statement, Patrick Leonard<\/strong>, partypoker ambassador, said <\/p>\n When we initially offered PKO tournaments I was generally against the format. I thought it took the \u2018pureness<\/em>\u2019 out of tournament poker, but because of the insane popularity, I was forced to play because the prize pools were so big. To my pleasant surprise I loved them; people played way looser and there was a lot of action<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":" partypoker recently announced the launch of another Knockout (KO) Series that will take place in June. The KO series will have a lot more events to choose from and a newly introduced reduced rake structure. Following the disastrous crash of the last KO Series, partypoker is hoping to come back with better structured events and…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\nNew KO Series \u2013 Events<\/h2>\n