Originally Posted by jomaaan
For example, in some tournaments all you can win is a ticket, the nr1 wins the same ticket as nr50. It would be unnecessary to take the risk of losing when you know you will be one of the 50 winners if you would just sit out.
For these tournaments you can use the following formula when late reg is over.
Starting stack x Number of entrants / Number of places paid
This will give you the average stack size you should have to finish in the money. Reach that and you can sit out. Pay attention to the chip leader, anyone way over this average figure will reduce the value required and it might be even easier to succeed.
For re-buy/add-on tournaments use the following formula, after the add-on break is over:
(((number of entrants + number of re-buys) x starting stack) + (number of add-ons x add-on stack)) / Number of places paid