GlossaryTournaments

Bounty-adjusted pot odds

Pot odds with the bounty's value added to the pot you win, so calls need less equity.

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What it means
When you cover an all-in player, winning the hand also wins their bounty. Adding its value in bb to the final pot lowers the equity a call needs.
How it is calculated
Equity needed = amount to call ÷ (final pot + bounty). Without the bounty it is amount to call ÷ final pot. Call when your equity against the shoving range beats the lower figure.
Worked example
The button shoves 15bb with antes of 0.125bb and you cover in the big blind. You call 13.875bb into a final pot of 31bb, so you need 44.8% in chips. Add an 8bb bounty and you need 13.875 ÷ 39 = 35.6%.
Why it matters
PKO calling ranges are far wider than chip EV ranges. Folding the hands the bounty turns into calls leaves money behind every time a short stack shoves into you.

See also: Bounty (PKO), Covering stack, Required equity, Pot odds