How would you approach this tournament?
I know there's been a lot of discussion of how to play freerolls
, but I've been playing a regular tournament at a local casino which I would like some opinions on.
It's a low buy in (£5), for which you get 500 tournament chips, with the initial blinds at 25-25, rising to 25-50 after about 30 minutes. In this tournament you may rebuy for another £5 at any time within the first hour, and you may also purchase an add on at the end of the first hour if you so wish.
In a freeroll I would probably just play tight and let the bad players knock themselves out, but in this tournament people are rebuying 5 or 6 times, all the way through the first hour, and then there are still quite a few small stacks playing like lunatics after the break, once rebuys are not allowed anymore. By the time it turns into 'proper poker' the blinds are up at 100-200 or 200-400, so if you haven't substantially boosted your stack to at least about 3000 you're pretty short stacked.
So - should I sit tight and wait for big hands, or should I try to limp in and hit a flop with anything half decent, knowing I can rebuy if it goes wrong?