Originally Posted by Arjonius
I've never understood why some tournaments see as much as half the field registering late. And in a lot of cases, not just a few minutes. Can someone who actually does this on a regular basis explain why you think it's advantageous? Or at least not disadvantageous?
As someone who does this often;
The advantages of avoiding the shovefest are neutralized by the raising blinds, some huge stacks and the position you will find yourself in by late registration...IMHO no advantage either way.
Kenzie is right in that when I do purposefully wait till way late, it is likely because the game is beyond my normal BR considerations, but I have calculated something which says that the apparent overlay is making it worthwhile.
If it is a R&A, and somewhere in a sane BRM scheme, I don't mind waiting till near the very end, where I can immediately rebuy, and very soon Add On before all those things stop. Late registration often (always?) stops concurrently with the Add-on break. This generally means I can come in, after this break, with the equivalent of 3 BI's. Advantage here is neutralized again by those in it earlier who had great runs and are sitting on huge stacks, but there will be many more who will start the 2nd phaze with fewer chips than me. 3 BI's is in the average chip stack range after the initial stage.
The biggest disadvantage,IMO, is that you will have no reads on any of the players and even though they should all calm down at that final add on break, many do not. They have got themselves into a feeding frenzy. For the first few orbits after that late registration ends, and there are no more R&A's... the insanity ensues.
I pretty much think Late registration is a wash. However, in those contests where I end up doing well, I usually did not rebuy, and often did not need to Add on. I attribute that to a mindset I avoided in the 1st phase.