Waiting for a monster is a never good choice at any type of game. Simply because of following logical/mathematical thoughts: If you are talking about "waiting for a monster", then it shall be one of hands like AA, KK, QQ and AK, right? Okay, then let's look at statistics how often you will be dealt such hand. There are 1326 possible combinations of two dealt cards in Texas Holdem. So it's about only 0,45% that you will get your AA and 1,2%, that you will get AK. Exactly the same probabilities obviously are for any other pair or non-pair hand. So altogether we have 0,45%*3+1,2%=2,55%. Is that how many hands you should play if you are really waiting a monster. If you been dealt like 60 hands per hour it's roughly about that every 40-45 minutes you will be dealt one of the hands you are waiting for. and you gonna pay like 6-7 times (at 6max tables even 10) Big and Small blind + eventually antes per hour. Not telling about, that in tournaments actually blinds are raising all the time and probably already after first hour of waiting for your monster, your stack will dramatically shrink and looks ain't so deep anymore and you will be struggling as a shorty then. So, considering all those mathematics and statistics, if you have a big stack you must use these advantage immediately to steal blinds as much as possible to grow your stack even more and make it easier on a later phase of tournament. I recommend to read about Harrington's M, to understand better what you suppose to do with different sizes of stack in a multitable tournaments. And a book written by Collin Moshman if you do prefer more Single Table Tournaments.