When to board the midnight train

The midnight train can be boarded too late, but I'm increasingly coming to believe that it can be boarded too early as well. There's a sweet spot somewhere in the middle of the late registration period. The ideal time to board is when a fair number of players have already been thrown off, but there's still enough time left for you to wait patiently for a good hand. I boarded the train a little too early last night. Tonight I'll try not to board until at least 20 minutes of the late registration period have elapsed.

style flavor buy_in  entry players entries paid place winnings

MTT   NLHE   174000  26000       6      58   15    23        0

delta: $-200,000
MTT NLHE balance: $40,717,768
2021 balance: $15,246,000
blue distance: $321,000
balance: $92,911,453