Joined: Nov '08
Location: Sweden
Age: 39 (M)
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So I was wondering about what the optimal strategy according to bankroll management would be for a rebuy tournament. Normally i try to buy in as soon as its possible, as many times as needed and play very aggressive during the first hour. But lately iv´e been wondering whats the smartest thing to do when playing with a somewhat limited bankroll. Obviously playing cash games might be a better way to spend your money but since I make most of my money from MTT´s and lose most of my money at cg i´ve decided to exclude the latter for the moment being and build up for a while. (it´s going great so far btw) Now let´s get back to it mates:
For the last two weeks or so iv´e been playing some rebuy tournaments the other way around. One buy in nothing more and just play it tight during the first hour. I might not cash as often as i would otherwhise but i get great value for my buyin when I do and when i lose its not as harsh as it would be had i gotten myself a few more rebuys. What do you guys think? Is it smarter to go for the normal strategy with lots of rebuys or just play it tight for the first hour and try to nail some players?
Joined: May '08
Location: Netherlands
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Posted by bombo12345: For the last two weeks or so iv'e been playing some rebuy tournaments the other way around. One buy in nothing more and just play it tight during the first hour. I might not cash as often as i would otherwhise but i get great value for my buyin when I do and when i lose its not as harsh as it would be had i gotten myself a few more rebuys. What do you guys think? Is it smarter to go for the normal strategy with lots of rebuys or just play it tight for the first hour and try to nail some players?
I play it exactly like this, first thing i do is rebuy then play tight allways do the addon and you can cash on a regurly basis
Joined: Aug '08
Location: Slovenia
Age: 55 (M)
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Rebuy tournaments are no for me . I played some tournaments and lost a lot of money. Do a lot rubuys & addons but rarely got in the money. I prefer freezouts.
Joined: Oct '08
Location: United Kingdom
Age: 43 (M)
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I used to play rebuy tournaments the exact same way as you have been, but now I'll give my self a set amount to rebuy with, the highest rebuy tournement I can buy into is $5 and I will use no more than 5 rebuys, including add on, because my bankroll couldn't take any more, If I play a $2 I'll use 12.
The fact is, you don't always use them all. You just use them to get yourself a big stack by playing loose as it's imperative to have a big stack after the 1st hour, then you can tighten your range up a bit.
I don't really play them anymore, although I used to love the first hour, it's quite enjoyable playing like a maniac lol
Joined: Aug '09
Location: Chile
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All I can say is you should consider a re-buy tournament like a freezout x 5. I'll explain my point. If you want to follow a good bankroll managament for re-buys tournament you should consider the buy-in of the tournamnet per 5. So if the tournament is a $5 rebuy, it would be as a $25 freezout MTT. Alway you should take the add-on. About how to play these kind of tournament I don't have much idea because I don't like them and I don't play them but I'd say tight meanwhile the re-buy period is open. I hope I have been clear with my point.
Joined: Nov '08
Location: Sweden
Age: 39 (M)
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Posted by JoeJeavons: I used to play rebuy tournaments the exact same way as you have been, but now I'll give my self a set amount to rebuy with, the highest rebuy tournement I can buy into is $5 and I will use no more than 5 rebuys, including add on, because my bankroll couldn't take any more, If I play a $2 I'll use 12.
The fact is, you don't always use them all. You just use them to get yourself a big stack by playing loose as it's imperative to have a big stack after the 1st hour, then you can tighten your range up a bit.
I don't really play them anymore, although I used to love the first hour, it's quite enjoyable playing like a maniac lol
Is it really anymore important to have a large stack after the first hour in a rebuy tournament then it is in a normal MTT? Dont get me wrong my goal is always to have atleast a decent stack after the first hour so you´ll be ready for when the blinds starts to get big. Sometimes its not untill the second or third hour (the tournaments i play usually consists of 50-500 players, 500 not very often 100-150 for the most part).
When playing them tight i just think like this, if there is 100 players entering the competition around 10 will cash and since i dont do any rebuys at all (ive done addon when absolutely necsesary) i get a fantastic payout from the initial buyin since the number or people cashing doesnt increase.
Joined: Oct '08
Location: United Kingdom
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Ofc it's totally different from a freezeout because after the first few hands there could be a few massive stacks as people generally play loose in the first hour. The smaller the field the less important it is to have a massive stack.
Joined: Feb '08
Location: United Kingdom
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I've won much more money from rebuys than I've spent on buy-ins and I only ever rebuy once if at all. I usually take the add on unless I'm a big stack as then I don't see the point. If you think about it every time you rebuy you're getting -ev because your getting a less percentage of the overall chips for the same amount of money. There's still no guarantee that you're going to reach the payouts and because you've paid more you need to reach higher in the pay outs for it to be worth your while. If you lose your stack late in the first hour, it is far more +ev to buy into another tournament than to rebuy in this one.
I'd also add that you don't need to play like a maniac to be in with a shot of first place after the rebuy period. If you bare in mind how loose other players are playing you can call with good hands and use their aggression to your advantage. As long as you don't call away your stack but also don't play too tight, you'll be fine with one rebuy and one add-on as doomdy said. The idiots who go all-in every hand are the one's who make this kind of tourney more profitable for the rest of us.
Joined: Mar '09
Location: Canada
Age: 66 (M)
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been playing for awhile and always see the rebuys as unpoker like....what is the point of playing in a poker touney - where you know a large number of people will call with anything hoping to hit it lucky and get a big stack and if not they will rebuy again and again....and again.....
Joined: Nov '08
Location: Sweden
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thats the way ive been thinking about it now awood88. althuogh i must say i have done well playing like a maniac to this pretty much suits my overall playing style a bit better then the overly loose play. I agree to a 100% on your second paragraph.
Crow58 the point is that you get much greater value on your buyin then you do at a normal mtt =. if you dont like tournaments then i agree that there is no point to playing a rebuy tournament either
I agree with Doomdy. Better to have an higher stack before starting, playing tight defending and ( if possible ) increasing it. When you're ITM push and try to get as more money as possible
Joined: Apr '09
Location: Portugal
Age: 37 (M)
Posts: 469
I hate rebuys tounaments. I really dont like that kind of tournaments. There are a lot of donkeys that will win against you with a ridiculous bad beats! There is no good chance to good players it is only a lucky game after all if you play tourneys with rebuys!
Joined: Nov '08
Location: Sweden
Age: 39 (M)
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Posted by Jodoli: I hate rebuys tounaments. I really dont like that kind of tournaments. There are a lot of donkeys that will win against you with a ridiculous bad beats! There is no good chance to good players it is only a lucky game after all if you play tourneys with rebuys!
I dissagree, in the end its almost always your own choice wheter to go all in or not. Me for one, I´m happy if someone pushes all in with Q10 os when im sitting on AK. There are donkeys in every part of this game the difference in rebuys is that they generally lose alot more money =)
Joined: May '08
Location: Germany
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my limit for rebuy´s is max.2 and sometimes 1 add on.I find it very stupid when i see thats player make 15-20 rebuys or more in a game. Many times i got to the break with no rebuy and add on and i cash money it´s are very fine way to win cash with a little buy in. And it´s very funny when u see players go all in with 83 or q 3 and so on and make rebuy and rebuy .......rebuy
Joined: May '08
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Interesting thread. I'm pretty new at poker and played my first rebuy with the tickets we get from 770. I did not understand the concept first. I had no idea of what the f**k was going on with all these mfs going all in all of the time. It was total hell... I lost with KK against XX and thought, re-buy, for this madhouse? Yeah, likely...
But I played a few more, and am starting to understand how it works. Came 4:th or something in one. (It was like 15 bucks, but anyway...)
As I wrote, I'm totally new to this. But I play as usual, thight and let them go crazy, while the prizemoney is going up. Maybe addon if it is nescessery. Let them double you up a few times and then hope the cards will take you ITM. (I'm not good at finaltableplay, so I just close my eyes and hope for the best...)
Joined: Oct '09
Location: Canada
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"Bankroll management" is where you play at certain limits to avoid losing all of your bankroll due to bad runs of cards, which any poker player must expect from time to time. This is called "playing within your bankroll". Subsequently, if you play at higher limits where there is too great a chance of losing all of your poker money, you are "playing out of your bankroll". The reason why you should choose your limits carefully in poker is due to the variance. Variance is a term used to describe the "ups and downs" of poker where you fluctuate from having bad runs of cards to good runs of cards, resulting in varying profits and losses. If you play poker for long enough there are going to be periods of time where you will consistently lose money, not because you are playing badly, but because the cards are not falling your way. This means that if you do not have enough money in your bankroll to absorb these big downswings, it is likely that you will lose it all. Therefore every time we sit down at the poker table, whether it be live or online, we want to give ourselves the best opportunity to win a maximum amount of profit whilst keeping the risk of going broke minimal. This is where the rules of bankroll management come into play. there you go with the bankroll management hope it helped!
------------ Rebuy tournaments are a totally different game than standard tournaments. Players must be able to adapt to the differences in order to do well in both. The key difference between the two is the selection of starting hands in the early stages of a tournament. Two other differences are the amount of chips in play (usually larger in rebuys) and the willingness to gamble more in rebuy tournaments versus standard tournaments. Selection of starting hands is an important factor in any tournament you play in. You must be able to determine when the appropriate time to play a certain hands is. In rebuy tournaments, I loosen my standards for starting hands tremendously during the first couple levels. Most of my rebuy tournament experience is from online poker, so that is what I am talking about in most of this article (although the strategy can normally apply to live rebuy tournaments as well).
Joined: Aug '09
Location: Chile
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Posted by awood88: I've won much more money from rebuys than I've spent on buy-ins and I only ever rebuy once if at all. I usually take the add on unless I'm a big stack as then I don't see the point. If you think about it every time you rebuy you're getting -ev because your getting a less percentage of the overall chips for the same amount of money. There's still no guarantee that you're going to reach the payouts and because you've paid more you need to reach higher in the pay outs for it to be worth your while. If you lose your stack late in the first hour, it is far more +ev to buy into another tournament than to rebuy in this one.
I'd also add that you don't need to play like a maniac to be in with a shot of first place after the rebuy period. If you bare in mind how loose other players are playing you can call with good hands and use their aggression to your advantage. As long as you don't call away your stack but also don't play too tight, you'll be fine with one rebuy and one add-on as doomdy said. The idiots who go all-in every hand are the one's who make this kind of tourney more profitable for the rest of us.
Interesting point. I'm not sure you always are getting a negative Ev when you make a re-buy. I guess it depends in how much the overall prize has increased. If too many re-buys have been made the amounts of your chips will worth also more, although they be a less percentage of the overall chips comparing with the beggining.
. I played some tournaments and lost a lot of money. Do a lot rubuys & addons but rarely got in the money. I prefer freezouts.
=. if you dont like tournaments then i agree that there is no point to playing a rebuy tournament either
