Thursday night marks another tournament within the week-long partypoker US Network Players Choice Series, with Event #5: $7,500 GTD PKO Bounty set to begin at 8 p.m. local time. The event features a buy-in of $320, and registration is open for all within the state of New Jersey across the three platforms of partypoker US, Borgata Poker and BetMGM Poker.

The popular Progressive Knockout format is in effect for this event, which means half of each player's buy-in will be placed atop their heads as a bounty should they be eliminated. Each time a bounty is collected, the player directly earns half of that amount while the other half is added to their own cumulative bounty.

Players receive starting stacks of 75,000 with blinds beginning at 150/300 and an ante of 40. Late registration and unlimited re-entries will remain open through the end of Level 15 (2,500/5,000/625), with levels lasting 10 minutes apiece through that time and raising to 12 minutes in length come Level 24 (12,000/24,000/3,000).

As usual, PokerNews will be bringing you highlights of the action as it unfolds, from the first collection of antes until the final pot is shipped to the victor. Be sure to hang around.