Thursday, December 5, 2024

The best time to join a tournament

I disagree with my earlier self. The best time to join a tournament is not "any time at all". I now firmly believe the best time is as late as possible.

This is an excerpt from my September 29, 2024 post. I haven't changed my mind since then. Moreover, this understanding has caused me to be more specific about my tournament selection criteria. I will only enter tournaments whose late registration periods contain a break in their final minutes. That way, I can join during the break, which guarantees that when the break ends, I'll have the full complement of starting chips to play with. The ironic thing about this is that if everyone followed my lead, the number of entries per tournament would be considerably smaller, and the payouts therefore considerably less. Thankfully, there are always plenty of players who are unwilling to wait that late before joining :-)

style flavor buy_in  entry players entries paid place winnings

MTT   NLHE    44000   6000       9     270   72    70    77000

delta: $27,000
2024 balance: $3,188,000
2024 blue distance: $107,000
balance: $15,997,303
MTT NLHE ITM pct: 41.65 (1257 of 3018)

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