To re-buy or not to re-buy, that is the question.

My general question is: in MTTs, when is it correct to re-buy and/or add-on?

Specific scenario: I commonly play a low-stakes daily $20+2 re-buy and add-on NLHE MTT which usually has 60-80 players. Play is soft. Many players play loose, bust, rebuy, and then repeat the same cycle, and repeat again. The result is that at the end of the 1 hour rebuy period there are still 80% of players remaining but there is an inflated prize pool.

I believe the correct move in THEORY is that if your BR can support it, you should always re-buy and add-on in these kinds of tournaments since you have a good chance of winning back the money you invested.

On the other hand, if I bust at almost the end of the re-buy period, it will cost me another $60 (re-buy plus insta 2x chips and then $20 when add-on comes) to continue as an average sized stack. That would bring my total investment to $80. Even if I don't bust in the re-buy period, I'll have to invest another $20 to add-on or perhaps $40 to re-buy and add-on if I have a sickly, less that starting sized stack at the end of the first hour. Since the lowest paid spot (9th place) in this MTT is usually only $105 - $150, I hesitate to put much more money in.

Alternatively, I can give up and drop from that day's tourney -- admittedly then I have 100% certainty of losing my $22 entry. At the same time, I can enter the same tourney the next day. My thinking here is that against soft competition, I should generally be able to build a stack EQUIVALENT in value to what would have cost me $42-$82 if I were rebuying. Naturally, playing well and running good (e.g. having better hands hold up) are pre-requisites.

I would be grateful for guidance concerning "correct" re-buy strategy.

http://www.flopturnriver.com/phpBB2/...up-t11414.html

Very interesting thanks.

Couldn't help but laugh at this with hindsight.

Originally Posted by ihategnomes

Originally Posted by chardrian

Again, I'm gonna have to agree to disagree with you.

Have fun with that. Hope you stick around long enough to learn somethings.

Would appear that you did...

Always rebuy and pretty much always addon. I once had 56,000 chips at the end of the first break (average 7k) and still added on.

Your required bankroll for rebuys should be about 10BIx50, 10BIx100 or whatever you normally use.

Originally Posted by chardrian

tt-and-i-need-to-double-up-t11414 thread

I can see you already went through this debate -- and both sides of the issue are well articulated.

Now, I've just got to figure out which style works for me...I guess...

rebuy

lol

Originally Posted by Deanglow

Always rebuy and pretty much always addon. I once had 56,000 chips at the end of the first break (average 7k) and still added on.

Your required bankroll for rebuys should be about 10BIx50, 10BIx100 or whatever you normally use.

was your table filled with chips? i really dont understand how people justify rebuying regardless of the stack and not thinking about what theyre investing(not saying your doing that)
I just dont get how that extra 2k chips increases your equity to where its worth the buy in?

Its probably just a difference in personal philosophy but i would love to get in a debate about this concept.