Please excuse my inability to "multi-quote", it is something I am yet to figure out.
I don't know if you read my previous posts on page one of this thread so in case you didn't, here is what I have said on this subject so far.
#1
I dont know about
online poker but in big live games thats what Hellmuth seems to do. Mind you, he does like to make a grand entrance so I dont know if its a strategy thing with him or just a big ego trip lol. Its been working out pretty well for him though so I guess it cant be all bad.
#2
I wouldnt completely discount sitting out at the start of a tournament as a strategy. Someone already said, if it works for you then by all means do it, I see nothing wrong with that statement.
Obviously sitting out and missing out on the chance to gather up a nice pile of chips is -EV, but so are many other actions or decisions you make throughout a tournament.
Personally, I would never sit out unless absolutely necessary but a lot of the pro players do it so what do I know. They even do it in rebuy tourns and dont forget, poker is their living and they depend on it and know a lot more about these things than anyone of us here does.
I wouldnt do it, but I think its wrong to wave it away as completely wrong or without merit.
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As you can see from the 2 posts above, I have a good indication already as to other reasons why a pro might purposely turn up late for a big tournament. I also know the -EV likelihood of doing it.
I think the point I was trying to make was that ( and responding to OP asking if there was an advantage to it ) there is most certainly some room to not completely discount it, that it merits some positives.
Like OZ says ( and I agree ) "Yes, some players register in two WSOP events on the one day. Again, they don't expect that leaving an unattended stack will be +EV for them in that specific tournament. Instead, they figure that while they're reducing their EV in the two tournaments, their total EV still exceeds what it would've been if they had've just played in one".
Like I stated, it's not something I would do myself ( not yet anyway ) but, I would never ever just wave it away completely as a total no starter.