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Chico Poker Network introduced Mystery Bounty SnG
The US-friendly poker network Chico has creatively approached the introduction of tournaments with a random bounty. Only in its skins since late October 2023, Mystery Bounty SnG and MTT tournaments with a progressive jackpot are available to players. We will tell you all the details of this new tournament format in this article.
Tournament Features
Mystery Bounty SnG in BetOnline, Tigergaming, and SportsBetting are single–table tournaments for 6 players with a prize pool divided into two parts:
- 16,5% (MTT), 25% (SNG) of the buy-ins are fully paid to the tournament winner.
- 83,5% (MTT), 75% (SNG) of the buy-in amount goes to the Mystery Bounty Jackpot, which is common for all tournaments of the same stake. The prizes are triggered randomly for knocking out an opponent.
Bounty payments
In any tournament with the label “MBJ," the current jackpot prize pool will be displayed in the lobby. The prize is calculated from this amount.
SNG:
| Jackpot Share | Probability |
|---|---|
40% | 0,01% |
18,97% | 0,05% |
6% | 0,24% |
1,90% | 1,08% |
0,19% | 21,65% |
0,06% | 72,16% |
MTT:
| Jackpot share | Probabilities | |
|---|---|---|
$2,2 | $11 | |
22% | 20% | 0,006% |
6,4044% | 5,6597% | 0,054% |
1,16% | 1,1413% | 0,24% |
0,3999% | 0,3534% | 1,08% |
0,0988% | 0,0882% | 4,81% |
0,0215% | 0,022% | 21,65% |
0,012% | 0.011% | 72,16% |
Tournament structure
SNG:
- Starting stack: 500 chips (20BB).
- Blinds increase every 3 minutes. Ante from the first level.
- 6-max tables.
- One scheduled prize (25% of the buy-ins) for the winner.
| Stake | To prizes | Jackpot deductions | Rake | Winner prize |
|---|---|---|---|---|
$1,50 | $0,30 | $1,10 | $0,10 (6,6%) | $1,80 + bounty |
$3,50 | $0,70 | $2,56 | $0,24 (6,86%) | $4,20 + bounty |
$7 | $1,45 | $5,13 | $0,42 (6%) | $8,70 + bounty |
$15 | $3,22 | $11 | $0,78 (5,2%) | $19,32 + bounty |
$30 | $6,44 | $22 | $1,56 (5,2%) | $38,64 + bounty |
MTT:
- Starting stack – 10,000 chips (83,33BB).
- Blinds grow every 5 minutes. Ante from the first level
- 6-max tables.
- Late registration of 8 levels with up to 3 reentries
- Rake: 10% ($2,2), 9,1% ($11).
- Start every 1-2 hours
Conclusion
The Chico Poker Network has reengineered SnG and MTT tournaments several times and has focused on fast tournaments from HU to 8-max format. Mystery Bounty SnG and MTT became the next step in the evolution of SnG. Tournaments with Spin structure, random prizes, and the chance to get a massive payout worth hundreds of buy-ins for a knocked-out opponent.
The MBJ, which takes three-quarters of player contributions, turns new tournaments into one endless event with a progressive prize pool. Every dollar invested in the jackpot “binds” players to tournaments and forces fans to register in them more often in the hope of returning their investments with a profit by breaking the top bounty.
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