No more re buys

[ACE2M]

Just wondering if someone can give me a pointer here.

At what point does it become mathmatically incorrect to have a another re buy in a tournament? Assuming no prior max re buys set.

[Royal Flush]

Just wondering if someone can give me a pointer here.

At what point does it become mathmatically incorrect to have a another re buy in a tournament? Assuming no prior max re buys set.

It doesn't

How many rebuys you have already taken is irrelevant to whether or not you should rebuy again.

[ACE2M]

so if the average chips at your table is 10,000 and a rebuy and an add on gets you 2k at the end of the re buys you think it perfectly reasonable to re buy?

[ACE2M]

Just wondering if someone can give me a pointer here.

At what point does it become mathmatically incorrect to have a another re buy in a tournament? Assuming no prior max re buys set.

It doesn't

How many rebuys you have already taken is irrelevant to whether or not you should rebuy again.

i should have worded the question differently, previous re buys are imaterial i'm more wondering about chip equity for your money. (that maybe completely the wrong term)

[TightEnd]

i've seen the question asked before A2M but have yet to see a mathematical solution


My own experience based off many small comps is that I stand up and don't rebuy if

a) the chips I rebuy are only going to serve to fatten the prize pool for others...my rule of thumb for this is my rebuy chips are less than 20% of the average stack on the table...such that if I double up I still have to double up again to approach average. I consider usually this is a long shot. I would be interested to know others perceptions on whether this figure is in the right ballpark for you accepting that the chances of your rebuy having an impact on you winning the tournament are slim and therefore don't rebuy again

b) If I have exceeded my budget for the comp. I always set a budget (between point A and point B to allow flexilbility for bad beats/easy table etc) at the start.

[boldie]

i've seen the question asked before A2M but have yet to see a mathematical solution


My own experience based off many small comps is that I stand up and don't rebuy if

a) the chips I rebuy are only going to serve to fatten the prize pool for others...my rule of thumb for this is my rebuy chips are less than 20% of the average stack on the table...such that if I double up I still have to double up again to approach average. I consider usually this is a long shot. I would be interested to know others perceptions on whether this figure is in the right ballpark for you accepting that the chances of your rebuy having an impact on you winning the tournament are slim and therefore don't rebuy again

b) If I have exceeded my budget for the comp. I always set a budget (between point A and point B to allow flexilbility for bad beats/easy table etc) at the start.

wise words indeed.

[Snatiramas]

i've seen the question asked before A2M but have yet to see a mathematical solution


My own experience based off many small comps is that I stand up and don't rebuy if

a) the chips I rebuy are only going to serve to fatten the prize pool for others...my rule of thumb for this is my rebuy chips are less than 20% of the average stack on the table...such that if I double up I still have to double up again to approach average. I consider usually this is a long shot. I would be interested to know others perceptions on whether this figure is in the right ballpark for you accepting that the chances of your rebuy having an impact on you winning the tournament are slim and therefore don't rebuy again

He left out c) if Snatty is on my table and being a total suck out monster

b) If I have exceeded my budget for the comp. I always set a budget (between point A and point B to allow flexilbility for bad beats/easy table etc) at the start.

[ACE2M]

What factors could we take into account.

Total chip count
Average stack
cost of re buy
Prize pool
number of players remaining

any more?

[TightEnd]

Time left to rebuy..likely number of hands left in rebuy period etc

[matt674]

wise words indeed.

provided you have the discipline to practice what you preach!!

(the above comment is not aimed at TightEnd but as gamblers in general - more often than not a player will decide that they go to the casino with £200 and tell themselves that they are only going to have at most 5x£20 buy ins. Then the gambler in them kicks in when they've lost the first 5 buy-ins and they then continue to do the 2nd £100 in because they cant stand up and walk away!).

I will leave a tournament during the rebuy hour if i feel that it isn't worth me continuing. Many a time i've ended up in a rebuy tourney online where you have three or four players going all in every hand in a bingo-fest which is good if you can get your hands at the beginning of the tourney to stand up as you find yourself sitting on a mountain of chips. Its not so good if your first few hands get outdrawn and you know it could well cost you another 5 or 6 rebuys to get yourself to a level where you could do their stacks some damage - its usually in these tourneys that i cut my losses and save my bankroll for another tourney.

[boldie]

What factors could we take into account.

Total chip count
Average stack
cost of re buy
Prize pool
number of players remaining

any more?

why would prizepool have anything to do with it?
in a rebuy tourney you will ussually always get value for your rebuy. 20£ to win 1500£ is always great value. However it all comes down on whether you can win the thing so I would say prizepool and cost of rebuy are irrelevant and 95% of the choice has to do with whether you have a realistic chance of winning the tourney.

[TightEnd]

rebuys spent as a proportion of budget

[booder]

whether flushy is sat at your table

[mikkyT]

What about the "I've already had 14 re-buys so 1 more won't make a difference to my pocket" mentality! 

[thetank]

why would prizepool have anything to do with it?

Let's say, for arguments sake, it's the end of the re-buy period.

You estimate (given the other factors) that you have a 2% equity in the prize pool if you rebuy.

It's £20 to rebuy. There's £800 in the prize pool in Scenario A, and £3,000 in Scenario B.

How can the prize pool not be a very real, very fundamental factor?