The winner can usually cash in their own chip. The bounty chips are cashed in, usually for the amount each player paid for the bounty chip. If the player is eliminated, the bounty chip is given to the player who eliminated them. This bounty chip is carried by the player throughout the tournament. In bounty tournaments that reward a player for every player they eliminate, the buy-in structure of the tournament may require each player to pay an additional amount for their own bounty chip, or token. They are more commonly only implemented in smaller tournaments, or charitable tournaments. Bounties are rare, but do occur occasionally in professional tournaments. The reward is almost always a cash prize, and not tournament currency. Depending on the tournament, a player might be rewarded for eliminating either a specific player, or any player. A bounty is a feature in some poker tournaments that rewards a player for eliminating another player.
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