Advice on this specific tournament

#1 24-06-2008, 1:23 PM

I’m playing in this freeroll later in the week:

Event: Texas Hold'em (No Limit)

Starting Chips: 4,500

Blinds Duration: 20 minutes unless otherwise stated (Antes may be introduced)

Blinds:
25 - 50 (25 minutes)
50 - 100 (25 minutes)
75 - 150 (25 minutes)
100 - 200 (25 minutes)
150 -300
200 - 400
300 - 600
400 - 800
500 - 1000
1000 - 2000
1500 - 3000
2000 - 4000

Prize Payout:
1st PRIZE: €4,000
2nd PRIZE: €3,000
3rd PRIZE: €2,000
4th PRIZE: €1,000

As the prizes don’t increase too much as you move up from 4th to 1st place would it be a good idea to sit back if I reach a certain situation and just try to get 4th?
And in what situations would I be able to do this?

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