Tobias Schwecht Wins GGMillion$ PLO Bounty With $166K in Knockouts

mrinal-gujare
2 hours ago
Mrinal Gujare 2 hours ago
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  • Tobias Schwecht won the $10,000 GGMillion$ PLO Bounty for $301,133.
  • He earned $166,800 from bounties, exceeding his regular prize by $32,467.
  • Schwecht's bounty total was greater than runner-up Ronnie Kaiser's entire payout.
Tobias Schwecht
Image by Tomas Stacha/Pokernews
Tobias Schwecht won the $10,000 GGMillion$ PLO Bounty for $301,133, collecting $166,800 through knockouts. His bounty earnings exceeded his regular first-place prize by $32,467 after he defeated Ronnie Kaiser in an 80-entry tournament on GGPoker.

Tobias Schwecht collected more money from knockouts than from the regular first-place payout to win the 10,000GGMillion Pot-Limit Omaha Bounty on GGPoker. 

The Austrian secured $166,800 in progressive bounties, exceeding his $134,333 tournament prize by $32,467, to take home $301,133.

Schwecht defeated Ronnie Kaiser heads-up to capture the title in an 80-entry field that generated a $1,010,000 prize pool. Kaiser's runner-up finish was worth $155,332, including $21,000 in bounty earnings.

The result highlighted the financial impact of the tournament's progressive knockout format, with Schwecht's bounty collections accounting for approximately 55.4% of his total winnings.

Schwecht's $166,800 in bounty payments was the defining feature of his victory. While the Austrian received $134,333 for finishing first, his knockout earnings added another $32,467 to his total payout.

The tournament allocated half of its $1,010,000 prize pool to regular finishing positions, with the other half distributed through progressive bounties. 

This meant players could substantially increase their earnings by eliminating opponents, independently of their final finishing position.

Schwecht capitalised on that structure more effectively than the rest of the field. His bounty total was greater than the entire $155,332 payout received by runner-up Kaiser.

The difference between their bounty earnings was particularly significant. Schwecht collected $166,800, compared with Kaiser's $21,000, giving the champion a substantial advantage in overall earnings despite the two players receiving almost identical regular payouts.

EPT Champion Ronnie Kaiser Finishes Second

Schwecht secured the title after defeating Ronnie Kaiser in the heads-up contest. The Liechtenstein-based player, who won the 2011 European Poker Tour Tallinn Main Event, collected $155,332 for finishing second.

Kaiser's payout included $134,332 in regular prize money and $21,000 from bounties. His result placed him ahead of Finland's Eelis Parssinen, who finished third for $126,289, including $24,600 in knockout payments.

Belarusian player Artsiom Lasouskii took fourth place for $76,949. Unlike the other players in the top seven, he did not collect any bounty payments.

Another Major 2026 Victory for Schwecht

The GGMillion$ PLO Bounty title adds to Schwecht's successful 2026 campaign. In May, he won the $30,000 NLH/PLO mixed event at the Triton Super High Roller Series Montenegro, earning $465,000.

That victory marked his first Triton title after 15 previous cashes on the tour, according to Card Player's coverage of the event.

Schwecht also recorded a $427,532 victory in a $10,000 GGMillion No-Limit Hold'em tournament in March 2026, as reported by PokerTube.

His latest result gives him another major GGPoker title, with the $166,800 bounty haul making the financial breakdown of this victory particularly notable.

$10,000 GGMillions PLO Bounty Final Table Results

Position
Player Total
1st Tobias Schwecht $301,133
2nd Ronnie Kaiser $155,332
3rd Eelis Parssinen $126,289
4th Artsiom Lasouskii $76,949
5th TripleBarr $64,200
6th Marcus Dieleman $46,391
7th Cesar Garcia $55,423
8th Artur Martirosian $31,679
The tournament attracted 80 entries and generated a $1,010,000 prize pool. The top eight finishers received regular payouts, while progressive bounty earnings were distributed separately.

Schwecht's victory demonstrated how significantly progressive bounties can influence tournament earnings. His $166,800 in knockout payments exceeded his regular first-place prize, making the bounty collection the largest component of his $301,133 payday.

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