Pokerstars , "late registration"

[shanks99]

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.

 

[Tom1559]

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.

 

[shanks99]

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.