woody20
Rising Star
Bronze Level
Hi, Its been a while since I last posted on this forum but I would like to ask about add ons.
Recently I have been playing in a 10 hand No limit game, that has a £10 buy in and £10 rebuy or add on up to the fourth blind. Only one rebuy or add on is allowed per player and it buys an additional 5000 chips.
My question relates as to whether it is always a good investment to take the add on. Most of what I have read seems to say that you should always buy as many chips as you can as soon as you can, but like any independent thinking poker player I am beginning to question this wisdom.
Let suppose an extreme case in which I have gone on an unstoppable rampage eliminating all but one player including rebuys by the end of the rebuy period. I have 99000 chips and the other player only 1000. In this situation it would seem a bit ludicrous taking a 5000 chip add on as it would double my cash stake in the game for a very small percentage increase in my chips.
Now lets assume the opposite extreme in which i am the poor unfortunate in the above example. Would I spend another £10 to gamble that I could turn things around and win the game? - probably not would anyone out there disagree?
If you would agree with these two examples, then the point at which an add-on becomes a good investment must lie somewhere between these two extremes.
Surely the golden rule before buying the add on must be - does this doubling of my stake in the game from £10 to £20, double my chances of winning it (or perhaps getting into a paid place).
What do you think?? Cheers woody
Recently I have been playing in a 10 hand No limit game, that has a £10 buy in and £10 rebuy or add on up to the fourth blind. Only one rebuy or add on is allowed per player and it buys an additional 5000 chips.
My question relates as to whether it is always a good investment to take the add on. Most of what I have read seems to say that you should always buy as many chips as you can as soon as you can, but like any independent thinking poker player I am beginning to question this wisdom.
Let suppose an extreme case in which I have gone on an unstoppable rampage eliminating all but one player including rebuys by the end of the rebuy period. I have 99000 chips and the other player only 1000. In this situation it would seem a bit ludicrous taking a 5000 chip add on as it would double my cash stake in the game for a very small percentage increase in my chips.
Now lets assume the opposite extreme in which i am the poor unfortunate in the above example. Would I spend another £10 to gamble that I could turn things around and win the game? - probably not would anyone out there disagree?
If you would agree with these two examples, then the point at which an add-on becomes a good investment must lie somewhere between these two extremes.
Surely the golden rule before buying the add on must be - does this doubling of my stake in the game from £10 to £20, double my chances of winning it (or perhaps getting into a paid place).
What do you think?? Cheers woody