GGPoker Spring Festival rolls on with the latest in its high-stakes series of events on its journey to meeting $150 million in guarantees in the GG Spring Festival H-38: $5,250 Bounty Hunters Main Event. The tournament is a one-day affair at GGPoker with a whopping $1.5 million guarantee.
As the title of the event, suggest the tournament is a progressive knockout (PKO) with initial bounties of $2,500 and will go up in a big way from there as the tournament progresses through the event and into the early hours of the morning. Players will immediately collect half the bounty on any player they have eliminated with the other half adding onto their own personal bounty for others to potentially collect on.
Unlimited re-entries are allowed during the 280-minute late-registration window and the structure will be slow with 20-minute levels for the first 13 levels and then 15-minute levels after that. Players begin with 100,000 in their stacks and blinds and antes at 400/800/120.
Currently, 44 players are registered including the likes of Rainer Kempe, Jack Salter, Dara O'Kearney, Patrick Leonard, Rui Ferreira, Chris Moorman, and Niklas Astedt. Many more recognizable names will surely join them over the next few hours.
The action kicks off at 12:05 p.m. EDT (6:05 p.m. CEST), so keep an eye at PokerNews to follow this high-stakes, action-packed event today.