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Multi-rebuy tournies / ethics

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Multi-rebuy tournies / ethics - Wed Oct 16, 2002, 09:13 PM
(#1)
Deleted user
Is there any decent strategy to these things?

I've been playing here at PSO for a few months now, and have seen my understanding of poker and results improve dramatically. However, without multi-rebuy tournaments in the tournament schedule, I found myself horribly ill-prepared for a multi-rebuy NLHE tournament I recently entered.

The first hour, which allowed rebuys, I saw the craziest, stupidest, most mindboggling play that I had ever seen. These guys were going all-in at the drop of a hat... They would bust out and buy back in 3 or 4 times or more, and this wasn't a cheap tournament. At first, I thought I was in luck to be playing against such reckless players... until the end of that first hour.

Now, the game became much more familiar. I saw tight players only playing suited Aces or suited connectors or high pairs. I knew how to play this game, but I had one huge problem. Even though I doubled my stack playing the first hour, it was one of the shortest stacks at the table. The guys who had been going all in against each other now had me beat about 4 times over, though they paid handsomely for it. Before too long, the blinds rapidly swallowed me up, and I was out.

So, is the correct strategy at a multi-rebuy tournament to bring a big bankroll and play wickedly loose-aggressive and repeatedly rebuy the first hour? This does build the stacks of the entire table, as well as your own, except for the guys who are playing tight and not busting out every 10 minutes. Of course, you are risking a lot of extra money, and if you don't catch one of your all-ins late in the first hour, you are up the creek without a paddle.

For the veterans of live tournaments, I would like to know your thoughts about my above assessment of the tournament and if that is the norm for these things.


Now a second observation about this tournament, that may shed some light on the issue. After I busted out, I went across the room and started playing the normal limit games. While there, one of the locals (which I was not one, obviously) started commenting that he doesn't play in the tournaments "because all those a-holes know each other" as he put it quite colorfully. He said that a handful of the guys in the tournament were playing as a team "seeing 10 cards a hand" when the average Joe could only play 2. Now I don't know how much validity his accusations had, but I could see how a group of friends could keep going all in against each other early to build their stacks and soak up chips from outsiders who have good hands, but not good enough to call an all-in bet. If they are communicating their hands to each other, that is certainly an unfair and overwhelming advantage.

Again, I ask the veterans, is the crew concept in these tournaments the norm, or was this the rantings of a bitter old man?

Also, for you dealers and casino corporate types... are these practices monitored and dealt with, or do these guys have to be busted by a knowledgeable and alert outsider doing something grossly unfair?

Until I know the real world answers to these questions and how to deal with them... I might have to fall back on some wisdom found in the movie Wargames...
"Interesting game, seems the only winning move is... not to play" I hope that is not the case.

Thanks,
Chris (toby2210)
 
Old
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Wed Oct 16, 2002, 10:11 PM
(#2)
Deleted user
Quote:
"Interesting game, seems the only winning move is... not to play" I hope that is not the case.
Pretty close to the truth. On the whole tournaments are easily beaten by "cheating packs" and they don't even have to be doing it conciously, just sharing BRs.
 
Old
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Wed Oct 16, 2002, 10:22 PM
(#3)
Deleted user
Toby, that is one tournament I would not play in.

In general, in the rebuy tournament I play in, I try to keep my rebuys down to a minimum.

The nice thing about the tourney I play in, is that a rebuy only gets you 1/3 of your starting chips. This makes multiple rebuys expensive.

Anyhow, hope you find a better tourney.

Randy
 
Old
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Wed Oct 16, 2002, 10:23 PM
(#4)
Deleted user
Chris,
Re-buy tournaments can be very frustrating, as you've seen. Remember, the idea of re-buys is to build the prize pool. It is not uncommon, in my experience, as a dealer and a player, to see many people make as many as 5-10 rebuys in low $ tournaments. Take for example, some of the local tournaments I've played...re-buy is $20, add on is $40...you start the tournament with T500. Anytime you are at or below T1000 you can re-buy, during the first hour. So that means you can start out with a re-buy, before ever playing a hand. Let's say you don't want to invest much money so you plan no re-buys, and only an add on depending on your chip situation at the break. You play premium hands, and manage to win a few and build your stack to, say, T1500. Now, it's break time, and you see the guy who has been doing all the re-buys has no chips...he went all in on the last hand and lost..again. He now has the option of 2 re-buys, because he's busted, and one re-buy puts him at T1000 which allows him the 2nd rebuy. So he starts the second half with T2000 plus the add on, while your good play has given you T1500, plus the possible add on. Why waste the effort of the tight play? On the other hand, if you play many of these, you will see that these "re-buy maniacs" will inevitably, consistently be the first bust outs. Yes, occassionally the cards slap em in the face and they go on winning and winning, but after playing in lots of these, and I do mean lots (we have a couple of them here every day of the week), the re-buy Kings and Queens, are rarely those who last longer than 30 min. after the re-buy period is over. They just can't seem to adjust their play and slow down enough to survive. Soooooo the question is...do you want them to build your chance at a much greater $ finish, or do you want the smaller prize pool and take your chances with only solid players?
As far as cardroom personell finding collusion, it's difficult to do, and more difficult to prove. In most cases, it's not collusion that causes this kind of thing, it's people who have more money to throw away than they know what to do with, and want to take a shot at winning a tournament for bragging rights.
I know people who will enter a tournament, take the first hand, fold it, place their add on money under their chips, and return at the break....they just don't take any hands during the re-buy period. They forfeit their blinds, and return to play after the re-buy period. It's one way not to have to deal with the maniac play.



'Goddess
 

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