Pokerstars , "late registration"

Pokerstars Late registration system i just really cant seem to understand ..
One time when i was going to use it i couldnt after like 2 minutes had past on the tournament even register..
And then the other night my friend was playing a Normal like 22$ Omaha hi tourny .. and the Late reg was for bloody one HOUR!
And the price pool was over the guarantee when the tournament started..

Anny1 has anny information on this?

Doesn't it depend on blind levels?

So like you can only late reg up to the end of the second level, at least thats what I think they use on FT, might be something totally different on Stars.

Stars now has a system where on non turbo tournaments registration is open for 1 hour. this can be good and bad. I means theres bigger prizepools and more fish but also means you have to play for another two hours to win a tournament.

The only games I have noted the one hour late registration at Stars is their 'guaranteed prize pool' games. All it is (afaik) is that it now 'guarantees' that Stars will never again pay an overlay.

Doesn't benefit the game ... or players, at all. 'Poker Site Greed' sums it up imo.

[/quote]Doesn't benefit the game ... or players, at all. 'Poker Site Greed' sums it up imo.[/quote]

Excatly what i thought at first ..
My god do i feel like a sucker joining this 2$tourny im playing whit out waiting 50 minutes first -.-

Course it benefits the players. You have fish registering an hour into the tournament who are already going to be relatively short stacked. Increasing the prize pool without any real negative for a player who regs on time

^^ This, exactly. Yeah it allows for more players to churn through, but in the end, the payout is based upon the original number of entries at post time. The extra fish are just added to the prize pool which makes the payouts that much jucier.

I love it. If you can build a decent stack in the first three levels, you can really exploit the latecommers as they try to build their stacks in desperation.

And if I happen to be ten to fifteen minutes late to the game for some reason, I'm OK, where before, I was screwed.

No, the payout structure increases every time the entries cross a new payout level, until the registration closes.

'Juicy' payouts were paid when the entries closed and there was an overlay. Like having a CC 'money added' game. Now it's just 'entries added' and payouts expanded.

dislike it totally, longer tourneys, work at building stack or come back from bad beat, and a hr later guy sits down with fresh stack

I play guarantees every day - and there were never overlays in any of them. So that really doesn't matter.

But you are right - the payouts are based on the final entries.

I still like all the fish coming in late with only 3000 chips - I usually have more by then.

I personally won't register for them more than about 15 minutes after they start.

It's not 'fresh' though. In terms of M, he's going to be in a worse position than some who started when the tournament itself started

Yep - some people are looking at this the wrong way. You should love it if you are starting the tournament close to start time. And you shouldn't "take advantage" of the late registration yourself, not past more than a few extra minutes anyway. Let the others come in with their below average stacks when the blinds have already increased and take advantage of it.

I will register late for a tourney when the conditions are right. For Example: There was a $1 tourney on Stars that had 5000+ players registered but only 2100 remained and 840 players got to the money. Average stack size was $2900 and starting stack was $1500 and the blinds were $50/$100.

Now I can enter this tourney with an M of 15, only have to out last 1 in 2.5 players for the money and I can didn't have to go through 3000+ players.

By the way, I finished 6th in this tourney.

Hey, please can someone explain what you mean by an M of 15?

Cheers

No offence alot of things about this post are or seem wrong.

For one your 'M' if blinds are 50/100 and starting stack is 1500 would be 10 not 15. You counted just the BB not the SB aswell. Also if 5,000 + players register average stack would be greatly higher then 2900 it would be around 3500+ no? 5000X1500 = 7,500,000 / 2100 = 3571 chip average. Did this quickly as I'm at the doctors office waiting for my gf to get her flu shot.

Congratulations on your cash though !

Oops, I meant 10 for my M. (my bad)

its how many orbits you can survive in relation to the blinds/antes with your stack size

Hate it. Except for rebuy tourneys I think anything past 15min sucks.

It was not long ago that it was closer to the overlay in Poker stars GAR. tourneys now it is not even close. The one hour late registration is a joke as far as i am concerned. Even 30 minutes is to long.

I generally look at the top stacks. If a trny, 45 mins into it, is really top heavy as far as the trny leaders, I won't enter late. But if the stacks are more proprtionally distributed, I may enter late. (I play to win! LMAO!)

But I hate the fact that it seems to make the trny drag on so much longer...kind of feels like a rebuy trny in that reguard. Trny doesn't really start until after late registration has closed.

Glad this topic is here as I was on my way in to start one.

So there really is NO advantage to coming in late? That's what I figured but glad to hear it clarified. I am not sure 1 hour is a great amount of time but as people were saying if it is 59 minutes in and some fish are joining with 3000 chips as long as I already have 9000 chips then I guess that is a great thing.

Why? Do you not realise late registration is good for you as long as you reg on time?

I don't realize it I must be missing something because I hate it too.
It is just like a rebuy which I hate those too.

If you reg on time, then you should have not problem with late registration because you have the maximum amount of time to build a stack. The thing is, just as an example, right now, late registartion in the $2 4k guaranteed is ending. The average stack is equal to an M of just over 19, while if someone regs right now, their M will be 13. That's a huge difference, with no downside for the person who reg'd on time. The person late registering has added to the prize pool, while taking no edge from the people who registered on time

I usually play real tight first hour, so that is providing I had a hand.........
You have a point though I will have to look at where I am at in those as opposed to where reg ends
ty

I agree with those who think that "late registration" is good or at least neutral for the players who started on time. The late buy-ins are provided original starting chips, but obviously the M value of the starting stack is lower.

However, this does pretty well transform almost every "Guaranteed" tourney on PS into a rebuy event (no add-on) without an overlay, so there is an element of false advertising.

I think you have to treat these as rebuy tourneys, and play accordingly. I played in a $2.20 with $2k guarantee one last night on PS. When I joined there were ~200 entrants, by the end of the registration there were over 2000. Made the prize pool much bigger, but I rather liked my overlay when it was just me and the other 200 at the start. I was hoping that we didn't reach the guarantee buyins, but I was in for a rude surprise when I notice over 2000 entries!

Anyways, I think you have to play them like rebuys.

I do not like late reg at all. If it was a short while like the first level fine but anymore than that and I think it is just the poker sites maximising their take.

I'm not sure I understand your point here.

Let's say that you're on PS and are considering playing an MTT. There's a tourney in late reg. that you can join, or another tournament starting in 10 minutes at similar stakes. You're going to buy into either one or both of those events anyway, so you've already made up your mind to play.

In essence PS has already made their money, so how are they maximizing their take? I'm making the assumption that PS does not treat each event as a single make or break situation, but rather a point in time over the long haul.

Same philosophy as a player treating each hand or each playing session not as a single make or break event but rather as part of an ongoing event over the life of your poker career.