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Stake Poker August Madness: $8 Buy-in with $80,000 GTD
- Register for Stake Poker's August Madness and win a share of $80K
- Buy in for just $8 USD
- Capped at 10,000 players
- August Madness Tournament Overview
- What Makes August Madness Different
- How to Register for August Madness
- Strategy Tips for the PKO Tournaments
- Final Verdict: Is August Madness Worth It?
- Stake Poker August Madness FAQs
Picture this: you shove, get called, and watch your opponent's stack (and their bounty) land straight in your balance.
That's the appeal of Stake Poker's August Madness PKO, which starts this Sunday, August 30th at 17:00 UTC.
It's an $8 buy-in stacked against an $80,000 guaranteed pool, with progressive bounties on every single player from the first hand. Here's everything you need to get seated.
August Madness Tournament Overview
| Feature | Details |
|---|---|
| Tournament Name | Stake Poker August Madness |
| Date & Time | Sunday, August 30, 2026 @ 17:00 UTC |
| Buy-in | $8.00 USD |
| Guaranteed Prize Pool | $80,000 USD |
| Tournament Format | Progressive Knockout (PKO) |
| Maximum Number of Players | 10,000 (first come, first served) |
| Platform | Stake.com Poker Lobby |
What Makes August Madness Different
Most micro-stakes tournaments hand you a small guarantee and a long grind before you see a dime. This one flips that: you can get paid on your very first elimination.
- The math behind the name: August is month 8, so Stake set the buy-in at $8 and matched it with an $80,000 GTD pool. That's a 10,000x return sitting on the table before a single card's dealt.
- How the bounty split works: every player carries a cash bounty on their head, split 50/50 the moment they bust:
- 50% lands in your balance instantly, which is real, withdrawable cash the second you knock someone out.
- 50% gets added to your own bounty, so the more knockouts you rack up, the bigger a target you become late in the tournament.
That second part matters because it keeps the late stages tense. A short stack with three scalps under their belt is suddenly worth calling wide for, and everyone at the table knows it.
How to Register for August Madness
It takes under two minutes to book your place. However, with only 10,000 seats up for grabs, don't wait until it's too late to register.
- Log in or sign up. Head to Stake.com and sign in, or follow our Stake registration guide if you're new. You'll need at least $8 available to buy in.
- Open the Poker Lobby. Select Stake Poker from the main menu.
- Find August Madness. Search the MTT schedule for Sunday, August 30th at 17:00 UTC.
- Register. Confirm your $8 entry, and your seat is locked in.

Strategy Tips for the PKO Tournaments
PKOs reward a different instinct than a standard freezeout tournament. Here's how to play the bounties, not just the cards.
Let the big bounties come to you. Early knockouts are only worth a $4 half-split. Save the big risks for later, once bounties have stacked up.
Stay covered. You only collect a bounty if you out-chip the player you eliminate. Keep your stack healthy, so you're the hunter, not the hunted.
Call wider when you cover a short stack. A juicy bounty on their head offsets the pure chip-equity math, so lean into it.
Watch your own head. Rack up a few knockouts, and you become the target. Expect light isolations, and tighten up accordingly.
Don't lose sight of the real prize. Bounties are fun, but the $80,000 pool is where the real money sits. Play your stack, not just the bounties.
Final Verdict: Is August Madness Worth It?
For $8, you're getting an $80K guaranteed pool and cash bounties from your very first knockout. It's hard to find better value on this month's micro-stakes calendar. Seats are capped at 10,000, so if you're planning to play, register before Sunday rather than racing the clock at 16:59 UTC.
Use the Stake bonus code HUGE at sign-up for an exclusive welcome bonus. Terms apply.
Play responsibly. This promotion is intended for players 18+ (or the legal gambling age in your jurisdiction). If gambling stops being fun, free confidential support is available from links on Stake's responsible gambling pages.
Stake Poker August Madness FAQs
- What is a PKO tournament?
With a Progressive Knockout format, part of your buy-in funds bounties on every player's head, paid out instantly (in cash) whenever you eliminate them, on top of the standard prize pool for the players who make the money finish.
- What happens if the tournament doesn't fill all 10,000 seats?
Stake guarantees a full $80,000, so if it doesn't fill, your chances of landing a cash prize increase.
- Can I rebuy or re-enter if I bust early?
No, rebuys or re-entries are not allowed if you suffer an early knock-out.
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