The virtual clock says 61 total entires, which means the overall prizepool is now over $12,000. Registration is still open for another 20 minutes, so there will be a handful more bounties still added to the prizepool. Don't miss out!

Daniel “leinad” Buzgon is the latest player to go on a knockout flurry, as he racked up four more eliminations in the last 30 minutes, to up his total to six bounties. That means he has already secured $300, but again, his own bounty is now a whopping $400.

After a raise of 2,000 from Michael “UFOLDIWIN” St. John, "SharingisCaring" moved all in for 29,900. In the big blind, "rule22" would call all in for just 200 chips less.

"SharingisCaring":
"rule22":

"SharingisCaring" survived the flop, and the turn, but a ten on the river saw him just miss out on a double up and knockout. As it is, "rule22" has doubled, while everyone will be eyeing the short bounty at the table.

Player	Chips	Progress
rule22	62,750 62,750	62,750

"Luckyduck" is the first player to claim three bounties so far, meaning he has already locked up a $150 rebate on his $215 buy-in. Of course, that also means his bounty is up to $250, but as the chip leader at the moment, that won't worry him much.

Player	Chips	Progress
Luckyduck	128,025 87,412	87,412
Mhenrich1	78,507 34,087	34,087
Michael "Gags30" Gagliano	73,312 24,104	24,104
KingKong24	68,132 68,132	68,132
Daniel “leinad” Buzgon	57,758 57,758	57,758
Ryan “Whosyourdoddy” Dodd	54,637 -12,900	-12,900
millertime4244	47,597 13,549	13,549
Badbeat1512	46,714 46,714	46,714
NJNJNJNJ	40,815 10,935	10,935
Phong	38,699 -2,521	-2,521

Action started with "Phong" raising to 2,000 from early position, and action would fold around to "Allyoucaneat" in the cutoff.

He three-bet to 6,750, but when action folded around to "Phong" again, he would min-raise to 11,500.

"Allyoucaneat" would shove with two black kings, but they were no good, as "Phong" had the pocket rockets.

A full house would be dealt on the board, but the aces would still play over the kings. Unfortunately for "Phong," he just missed out on the bounty, but will surely be happy to secure the double.

Player	Chips	Progress
Phong	41,220 41,220	41,220
Allyoucaneat	2,303 2,303	2,303

Since that chip count update post, there have been two knockouts. First, "Luckyduck" knocked out Jake “FerociousPanda” Toole, and not long after that, Ryan “Whosyourdoddy” Dodd would collect a bounty, and boost his stack into the chip lead.

Stay tuned for more updates coming shortly.

No knockouts yet so far in this Progressive knockout event, but there are a few players who are adding to their stack early. Michael "Gags30" Gagliano is the early chip leader, but he has plenty of stiff competition behind him early.

Player	Chips	Progress
Michael "Gags30" Gagliano	49,208 49,208	49,208
Mhenrich1	44,420 44,420	44,420
Clayton "claytonfletcher" Fletcher	41,340 41,340	41,340
Luckyduck	40,613 40,613	40,613
Michael “UFOLDIWIN” St. John	36,367 36,367	36,367
Ryan “Whosyourdoddy” Dodd	36,108 36,108	36,108
Dnnynsh33	35,910 35,910	35,910
Jonuzi	35,340 35,340	35,340
millertime4244	34,048 34,048	34,048
Jake “FerociousPanda” Toole	30,000 30,000	30,000
IReadYrSoul	30,000 30,000	30,000
NJNJNJNJ	29,880 29,880	29,880

Welcome back to the latest round of coverage for the partypoker US Network Online Series. This is the first of nine major events to be played out over the next week. This progressive bounty event provides a unique experience for players, one where bounties are king. Each time a player knocks an opponent out, that player will earn half of their bounty, while the other half will be added to the total already on the player who scored the knockout.

Registration will be available for the first 12 levels today, and all levels are 10 minutes, which gives players just over two hours to register. The updates will be starting shortly, so don't go anywhere!