You should get more chips the earlier you register
Online tournaments have been blighted by so much of the field max late registering, and stealing EV by doing so. Why not
sounds like a great incentive to ensure tournaments stay small
if you don't like late reg then make it so you need to reg before it starts or not at all or can only reg during first round or two - punishing late reggers with less chips is not a solution - it's a very transparent "how can i, someone who early regges gain an advantage"
It's not gaining an advantage, it's stopping the late reg-ers from having an advantage which they currently do since the ICM value of their starting stack is higher. And in the process turning tournaments into a 10bb shovefest
I think something like this would be reasonable:
- 20% less rake if you buy in by the start of the tournmant
- Normal rake if you buy in during the first two hours of the tournament (maybe first hour for one-day tournaments)
- 20% more rake if you buy in after the first two hours
This would probably benefit the tournament organizers, since way more people buy in late than buy in before the start of the tournament, an it would also better help anticipate the size of the field.
This started around 2008 or 2009 when online sites realized they could make more rake by doing endless rebuys. It hurts the game for sure and nobody folds anymore.
I used to play at a place that would give $1k in bonus chips to anyone who was in their seat when the first hand was dealt. I think you started with 10k normally but you got 11 if you were on time. It worked fine and wasn't hard to keep track of.
Yeah, that's the standard operation where I play, although I always feel it's simply to get bodies in the house earlier and it's not going to materially affect the tournament, if they are in earlier then they may bust earlier and be playing table games earlier
Think the issue isn't late reg, it's more the amount of late reg that there is now. Used to be the case where it was just there should someone legitimately be running late, now it's so long purely for a cash grab and it can break tournaments. A more mixed approach might be to allow late reg for, say, 1 hour, but continue to allow rebuys for another hour after that - allows those that want to punt to punt, but requires people to actually be in the tournament at a time where it's still (or at least should be) relatively deep stacked
I used to play at a place that would give $1k in bonus chips to anyone who was in their seat when the first hand was dealt. I think you started with 10k normally but you got 11 if you were on time. It worked fine and wasn't hard to keep track of.
Yeah, that's the standard operation where I play, although I always feel it's simply to get bodies in the house earlier and it's not
Yeah I agree that allowing entries far too deep into the tournament is the real problem.
When people are buying in and starting with less than 10 bb, that ruins the experience and turns it into a shove fest.
It's also what creates perverse incentives to max late reg. When they are still allowing entries after more than 2/3 of the field has been eliminated, that creates far too much of an ICM advantage for the late entrants.
Unfortunately it's unlikely to change, because the tournament organizers are doing it thay way by design. They know tons of people are going to bust and rebuy at these short stack depths, which generates more rake and bigger prize pools. The typical tournaments are set up so that the first hour or two are somewhat deep stacked, so recreational players get some perceived play and value for their buyin. Then there's a stage where everyone is basically flipping quarters and the goal is clearly just to churn buyins. I don't know how this is going to change because that would mean accepting less rake and smaller prize pools.
Nick's idea might be best, but less people are likely to rebuy if they have to pay higher rake than they did at the start of the tournament.
I would be happy if they just stopped allowing rebuys at a stage where a starting stack was still worth at least 20-30 BB.
Yeah I agree that allowing entries far too deep into the tournament is the real problem. When people are buying in and starting with less than 10 bb, that ruins the experience and turns it into a shove fest. It's also what creates perverse incentives to max late reg. When they are still allowing entries after more than 2/3 of the field has been eliminated, that creates far too
its very obvious at this point which sites are predatory and which are more player friendly simply by the tournament structure and where the bb cutoff of is for late reg. some sites take it down to 10bb or even lower which is pure extraction spitting in the face of users. other sites cut it off at 17bb. others at 25-30bb (these are the best)
"The Horseshoe and Paris Las Vegas were awash with top-tier poker players as Event #2: $5,000 8-Handed No-Limit Hold'em attracted 415 entrants, who created a $1,909,000 prize pool. Only 142 of those starts progressed to Day 2. With late registration open until 3:15 p.m. local time on May 27, those numbers should continue to increase."
So you can late reg/re-enter(only once) for 2 hrs today. Max late reg starts with 12BB, at start of day its 20BB.
2/3 field already eliminated, maybe more at max late reg time, depends on number or late regs/reentries. Especially with WSOP paying 15% of field that seems super close to the money. So crazy.
