The 10 minute rule

For the longest time, I was undecided on the optimal moment to join an MTT. MTTs almost always have late registration periods, so there's a wide range of times to join. I'm undecided no longer; I think the best time to join an MTT is when there are 10 minutes or less remaining in the late registration period. This gives ample opportunity for others to hit the rail before you put your first chip at risk; their buy ins are now community property :-) It's good to play with a sense of urgency, and that's certainly the case when you join an MTT late; your stack, by definition, will be one of the shorter ones. I'm doing so well lately playing MTTs I wish I'd played only MTTs all year long. That's what I'll try to do next year.

style flavor buy_in entry players hands entries paid place winnings

MTT   NLHE    45000  5000       6    45     111   30    38        0
MTT   NLHE    45000  5000       6    77      90   21    13   113000

delta: $13,000
MTT NLHE balance: $1,981,648
2016 balance: $781,966
balance: $11,482,330