Originally Posted by pat3392
I'll have to give that one a go; what would be the optimal way to play those?
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I'd say that you should play extremely tight and conservative during the early rebuy stages and wait for an easy double up or two. In micro stakes rebuy tournaments the play is very, very loose. Without a doubt you will get your share of bad beats from maniac Ax or worse players but don't let that frustrate you. You may have to play numerous tournaments before you make a decent cash, but because the buy in is low and the cash can be quite large, it is worth it even in the short run.
With that said, I'd also like to make a suggestion regarding whether or not to rebuy or add on in these types of tournaments. The way I approach this, right or wrong, is that if it's early in the tournament and average chip stacks are not that far from starting stacks then I'd consider a rebuy. I also look at the hand I lost with--was it bad play on my part or a bad beat or cooler? If it was a bad play on my part, I'm more likely to just chuck that tournament and take a break. Why throw good money after bad, ya know? If I played the hand correctly and was beat by, say, a dominated hand, then I most likely will rebuy and regroup (if as I said, average stacks are still close to starting stacks).
As far as add ons go, I never, ever add on to a short stack. Unless my stack is at least around the average stack level, I don't bother. Consider that all the larger stacks are definitely going to add on, so what equity does an add on to a small stack actually buy you? Not much; in fact, none IMO. So, again it would be a case of wasted money.
If you are new to these types of tournaments, I hope some of that helps! Get yourself a drink and snacks, sit down and enjoy the wonderful world of BINGO micro stakes sngs!
From the more experienced players out there, I'd like to get your take on rebuy/addon tournaments.