The first 32 rebuy tournaments I played, I added on every single time. In my most recent 32 rebuy tournaments, I've only added on 18 times. My current added on percentage, 65.82, is a career low. There are two big benefits to not adding on:
1. if you don't make the money, you'll have lost one less bullet than you otherwise would have
2. if you do make the money, you'll have made one more bullet in profit than you otherwise would have
To justify adding on, you must have both of the following beliefs:
1. you believe you won't make the money without the additional chips
2. you believe you will make the money with the additional chips
The times when you'll truthfully hold both of these beliefs simultaneously are few and far between; I expect my added on percentage to continue to fall.
style flavor buy_in entry players hands entries paid place winnings
MTT-R NLHE 43500 6500 9 107 60 12 11 382000
delta: $182,000
MTT with rebuys NLHE balance: $17,978,500
2017 balance: $18,910,150
balance: $30,327,980
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