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Why would I ever get on a waiting list for a table that is over 10 people long. Aren't I getting on the waiting list to play with the players currently at the table, and wouldn't other regs be doing the same thing, so most of the people before me would be getting on this table and then it would be all regulars at the table.
It's just because I see (especially on Sundays) many tables with waiting lists of over 10 at $50NL and also lists of over 20.
Its because multi-tabling grinders wait list on tables in advance so we don't have to go searching for a new table while 12-tabling. Wait list on a bunch of tables, and as tables come up, you can choose to sit or decline. If its a good table, leave the worst table you're on.
Because that's where all the droolers hang out obv. But yes by the time you get a spot it's regs a lot of the time but you can always hope the guy open jamming 100bb's pre is still there.