Rebuy/Add On Decisions

I have seen and read much material on rebuy strategies, but have personally found myself all over the map on making rebuy/add on decisions. So, I'm assuming when one enters a tournament with rebuys and add ons, one should be prepared to make them, but no doubt there must be some conditionals that apply. What I'm interested in is; how do you calculate the value of the rebuy vs. the cost (especiallly where second and/or additional rebuy decisions come into play)? Secondly, how do you determine the value of an add on vs. your position at that point in a tournament?

My personal rules are to buy the first rebuy at the beginning of the game and the second one at the break.

I try to never rebuy during the play. If I get close to needing a rebuy, I must be playing too loose. I use this info to alter my play. Re: FOLD

BTW. When I go to the casino, I play HOLDEM. But it seems the only road to success on line is to play FOLDEM.

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Not sure what you mean here, could you elaborate?

Unless you're either extremely deepstacked and really don't need the extra 2000 chips or whatever, or if you're so short that you've got little to no chance of cashing, then the extra cost wouldn't be worth it.

Otherwise, you should basically always be adding on theoretically. If you want an in-depth explanation, search greg raymer's old posts on 2+2 and you'll find what are widely accepted as some of the best proof of why you should nearly always add on assuming you're properly bankrolled.

Just to elaborate, here's an example of what I'm saying from two different situations:
Case #1. Starting stacks 1500 with rebuys available at or below 1500. You take a hit fairly early losing with a set to a straight leaving you with 250. Since it's still early in this case, you want the extra chips available to leverage in the event you get a big hand. Also, since it's early, there's plenty of time to sort out first round standings as the blinds are also still low. I'm thinking a rebuy at this point would be advisable.
Case #2. It's late in the first stage and the same thing happens. You're down to 250 chips but you look and top stack is over 12,000 and 27th (bubble slot) is at 6,500. Does it really make sense to rebuy and chase a chance at catching up when you know the tourney leaders are well established? At best, rebuying puts you with only 25% or less of a stack than 27th place. Discounting "chip and a chair" what if's...it doesn't seem that the rebuy is worth it. Am I right, wrong, or maybe just overcomplicating things?

Interesting.

In this situation I still think it's worth rebuying - assuming you're properly bankrolled and happy with your play (even if you're not happy with the results so far).

Sure, you might be a fair way behind the leaders right now, but there's going to be loads of people who'll shove the last hand of the rebuy period, go broke and rebuy for the start of the second hour. So you're not really "chip and a chair" - you'll be on a par with a lot of the field. A few good hands and you'll be right back in the running.

Personally, I avoid rebuy tournemants mainly becuase it causes players to make more donk moves in the early stages of a tournament. They figure if they lose, they can just rebuy. I never was a big fan of them.

Yeah, but you get to donk out too.

Push on that KT, like they get to do. <---The New Nuts

It's fun, and it works sometimes as well.

Jus Joking...

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So what you're basically saying is that you dislike rebuys because people are more prone to make mistakes (and sometimes huge ones) ? What ?

I don't play rebuys because of the money involvement being out of my BR most of the time and because I suck at them.

The money involvement is another good reason I don't play them.

Reload to average stack. rebuys plan on up to 6. but if the cards are not going your way, opt out and save your money for the next one.