Na Gorci 20, SI-2000 Maribor
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The finale is held during the Slovene Book Days in Maribor, while the semi-finals are organised in different cities around Slovenia (eg. Postojna and Ravne na Koroškem) or its neighbouring countries. In the final tournament prominent poets, past winners, various musicians and theatre artists give performances.
At the beginning of every year Pivec Publishing House invites authors to apply for the tournament by submitting at least one unpublished Slovenian poem. A jury consisting of experts on contemporary poetry then chooses 24 poems, after which the selected authors compete in two semi-final poetry tournaments. There the poets give interpretations of their work, among which four poems are chosen by the jury with an additional two by the audience; in the final round of the tournament twelve poems therefore compete for the title of Knight or Dame of Poetry, a cash prize, and a hand-forged iron rose. Audience members are also given a chance to select their favourite poem.
The poems presented at the finale are published in the Poetry Tournament journal and literary magazine Rp. Lirikon21.
In 2012 when Maribor was the European Capital of Culture, the tournament was expanded into the European Poetry Tournament, joining six countries: Slovenia, Croatia, Italy, Hungary, Bosnia and Herzegovina, and Slovakia. In cooperation with other foreign organisations, juries chose the best unpublished poem from their country to participate and represent their country in the European Poetry Tournament. The tournament was won by Franci Novak from Slovenia, the audience award went to Daniela Raimondi from Italy. The featured poems were translated into Slovenian and English and published in the journal.