In a Bounty tournament, a percentage of the prize pool will be taken to put a bounty on the heads of players. The overall prize payout structure remains the same, but the extra value is found as you knock out other players and receive a cash prize for every elimination.

Regardless of your tournament placing, you can still make a profit on bounties. For example, in a $2 buy-in tournament, $1 will contribute to the prize pool, and $1 will be paid to the bounty field. Every player has a $1 price on their head, so simply eliminate two players and you have already made your buy-in back, with only profit to come!

There are many places to play bounty tournaments online, including texasholdem.com.