Thursday, January 3, 2019

Rebuy tournament laydown

I've talked about the fractal nature of poker before. You can take actions at different levels of magnification. One such is the laydown. The common magnification level for a laydown is the hand. However, due to the nature of rebuy tournaments, it's possible to perform a laydown at the tournament level also. That's one of the choices you have after hitting the felt within the late registration period. You have three options:

1. do a single rebuy
2. do a double rebuy
3. quit the tournament

99.99% of the time, I go for option 2. However, in keeping with my modified 2019 poker goals, last night I went for option 3 in the first MTT-R NLHE I entered. It felt strangely right :-)

style flavor buy_in entry players hands entries paidplace winnings

MTT-R NLHE    43500  6500       9    27      59   12    -        0
MTT   8-Game  45000  5000       6   132      50    9    6   123000
MTT-R NLHE    43500  6500       9    85      54   12   18        0


delta: $-227,000
MTT with rebuys NLHE balance: $34,050,500
2019 balance: $-527,000
balance: $46,057,260

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