I prefer frezeouts over re buy or re-entry events. Are they worth it? I am honestly not sure but starting to see some of the values of them. My poker coach told me something that has brought on this change in my thinking. They are not as bad as I thought but depending on how you use them is more important. Recently I say a player who had bought in for the max 10 times. OK its his money and we were getting closer to the money at the time. The problem was for him to break even he needed to finish 6th.
I think using the rebuy option is not that bad an idea if used wisely.
re-entry mtts play similar to freezeout mtts. when a player re-enters, they start with a fresh stack and at a new table. so, it's almost like it's a fresh new person late registered into the game.
if you think about it, there is very little difference between:
- 200 players starting a re-entry mtt and 100 of them re-entering once, effective adding 300 buy-ins to the prize pool.
- 200 players starting a freezeout mtt and 100 more players joining in during late registration, effectively adding 300 buy-ins to the prize pool.
the only difference is you can re-enter as a fresh new player and you'll have to adjust for players who play a bit looser during the re-entry period. but, if you have the edge, that shouldn't matter in the long run.
with rebuys, play is a lot looser in my experience, especially at the early stages. but it can also be very profitable, especially if you take the early rebuy option to double your stack. again, if you have an edge, this could be to your advantage.
personally, I don't like super deep stack play or early stages of a rebuy mtt, so I late register last minute and take the rebuy + add-on option. yes, I am at a slight disadvantage by doing this, but:
- I'm usually around average stack. if not, I still have 30+ bbs to play with
- late registration and the game plays like a freeze out
- majority of the field is gone, usually 50 - 75%, but the payout field size is the same for all total entrants. I've played rebuy mtts where it was only 20 players from the money and the bottom dozen didn't even take the add-on option.
- note: it's important to play for the win as min-cash rarely covers the total buy-in. it's not terrible if it covers the rebuy and add-on, basically given extra chips for free in a $1 buy-in mtt.
another slight advantage to rebuy mtts vs re-entry is you only pay rake once / less rake in most rebuy games, at the initial buy in. the re-buy and add-on options are usually rake free.
so, re-entering into $1 + .10 re-entry mtt is $3 + .30 total, or 10% rake. same as buying into a $3 + .30 freeze out. when I late register into a $1.10 rb/a mtt, and take all options, I'm only paying $3.10 in total. or 3% rake. and I get a bigger late registration starting stack.
anyway, just some things I wanted to share.