I like playing in multi-day tournaments. The last time that I made it to the second day was during the X-Mas season. It was a $40 buy in with a $10 add on if you brought in a toy as a donation to Toys for Tots. I bought an Aquaman doll. I busted out but bought back in and made it to the final table so I could play the next day.
I read on the score board that there were 421 entrants into the tournament and there were 37 left on the second day. Only the people that made it to final table were to be paid out. When you think about it, you realize that only the best players were going to cash out. $500 for 10th all the way to $5000 for the winner. It was a guarantee $10000 tournament. The second day was all in or fold all the way to the end. My last hand was KK and the player to my right held AA, and I finished in 14th.