Tourney Re-buy vs Re-entry (1 Viewer)

DontKnowWhen

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Hello all (especially -- @BGinGA @Mr Winberg @JustinInMN ) --

Trying to understand the difference between re-buy, re-entry, and add-on. I've been reading all over this forum (literally starting to grow roots from sitting so long) and it seems like some use these terms interchangeably (re-buy vs re-entry) and others not but what are the differences? And what are the pros and cons of each in deciding on a tournament structure.

Thanks in advance.
 
Re-buy, more chips same tourney
Re-entry, typically new bounty button
add-on, you don't need a re-buy because you're not out, but the no rebuy point is coming up and you can get an add-on in lieu of a rebuy.
 
Re-buy in the traditional sense is being able to buy another stack if you are at or below the initial starting stack. True re-buy tournaments are rare if not extinct these days.

Re-entry is if you bust you are allowed to buy back into the tournament. In large fields you are rarely put back in the same seat you just busted from. Think of re-entry as just buying late into another tournanent. It just so happens to be one you were playing in.

Add-on is after the re-buy or re-entry period, no matter how many chips you have, you can pay a pre determined amount to get a set amount of more chips.

RANT ABOUT RE-ENTRY:
I've had a lot of people complain about re-entry as if it's like a re-buy tournanent. They think because you can buy back in, people with deeper pockets just gamble to get a stack. While that may be true to some extent:

1. That's good for people playing well.
2. It's much different than a re-buy tournament because you MUST bust to buy back in. This is a big deal because unlike a re-buy tournament, you can't just keep your stack at our above the starting stack at all times by paying to do so

I treat all re-entry tournaments like a freezeout because they are. Re-entry is just a fancy way of giving you more tournaments to play when you bust. Buying back into the same tournament in a re-entry doesn't change your EV or anything. It's like you are playing online, you busted a tournament, and there is another to play right now that you can buy into late.
 
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Also, in a MTT, a re-entry will likely result in a re-seating and you won't stay at the same seat or even the same table. (at least this was the case the one tournament in Vegas that I re-entered).
 
Re-entry is most often used in casinos. Players will be like a new player entering the tournament and get a new seat drawing. It also means they have to pay any additional fees for the tournament.

Usually with a re-buy the casino fee is not required to be paid again, just the tournament cost.
 
RANT ABOUT RE-ENTRY:
I've had a lot of people complain about re-entry as if it's like a re-buy tournanent. They think because you can buy back in, people with deeper pockets just gamble to get a stack. While that may be true to some extent:

1. That's good for people playing well.
2. It's much different than a re-buy tournament because you MUST bust to buy back in. This is a big deal because unlike a re-buy tournament, you can't just keep your stack at our above the starting stack at all times by paying to do so
Ok so that was my interpretation as well but it seems like many people just throw the terms around interchangeably which causes confusion (maybe its just me :D)

Thanks for all your replies!!!!!
 
Hello all (especially -- @BGinGA @Mr Winberg @JustinInMN ) --

Re-buy in the traditional sense is being able to buy another stack if you are at or below the initial starting stack. True re-buy tournaments are rare if not extinct these days.

Re-entry is if you bust you are allowed to buy back into the tournament. In large fields you are rarely put back in the same seat you just busted from. Think of re-entry as just buying late into another tournanent. It just so happens to be one you were playing in.

Add-on is after the re-buy or re-entry period, no matter how many chips you have, you can pay a pre determined amount to get a set amount of more chips.

RANT ABOUT RE-ENTRY:
I've had a lot of people complain about re-entry as if it's like a re-buy tournanent. They think because you can buy back in, people with deeper pockets just gamble to get a stack. While that may be true to some extent:

1. That's good for people playing well.
2. It's much different than a re-buy tournament because you MUST bust to buy back in. This is a big deal because unlike a re-buy tournament, you can't just keep your stack at our above the starting stack at all times by paying to do so

I treat all re-entry tournaments like a freezeout because they are. Re-entry is just a fancy way of giving you more tournaments to play when you bust. Buying back into the same tournament in a re-entry doesn't change your EV or anything. It's like you are playing online, you busted a tournament, and there is another to play right now that you can buy into late.
Could not put it better than @Legend5555.

I will add I agree that the trend toward re entry has been good for poker in general.
 
Since I was tagged I feel I must write something...just not much more to write after @Legend5555's post!

I'd like to add, though, that some tournaments allow rebuys only when you're felted. They are like re-entries, but you keep you seat and I think you have to make the decision immediately.

In a homegame, if you only allow rebuys when felted then, IMO, you should allow add-ons. Why? Here's an extreme example (but it's of course applicable in less extreme situations as well):

Startingstack 10k
A has 9900.
B has 10100.
C has 10000.

Last hand before the rebuy period. A, B, and C are all in, C wins it. Now A, who had a worse stack than B, is rewarded for his lower stack and can rebuy to 10k. B, who had slightly healthier stack, is punished for this and must start after the break with just 100.
Some solutions:
  • With add-ons, B can add-on to 10100. However, A can add-on to 20000 after the rebuy, so it's still a bit unfare (unless it's a "max 1 rebuy/addon tourney, in which case this evens out)
  • With rebuys allowed when below the starting stack, B could rebuy to 10100. However, A would likely have had 19900 before the hand, since a lot of players tend to rebuy as soon as they are allowed.
  • Another approach is the "surrender your stack" approach, which means you can at any time during the rebuy period give up your stack and buy a new one. With this approach, A would rebuy to 10k and B would surrender the 100 and rebuy to 10k.
All of the above solve the problem in different ways.

not much more to write
Lol...
 
Besides getting the same seat, in a rebuy tournament usually the rebuy must be immediate. Whereas reentry you can take your time and reenter any time before registration period closes

Reentry are far more common these days, usually rebuys are freeroll type things, super satellites, etc
 
Rebuy stay in seat and need to pay straight away, reentry can leave and come back to buy in again and be seated somewhere else. If it is rebuy only then if you leave the table without rebuying you cannot return to the tournament. From my experience a lot of rebuys don't include the entry fee again but a reentry will.
 
evolution of rebuys in my home game filled with picky players: it started out as rebuy any time you’re below starting stack. This was immediately deemed unfair after just a couple games. Why? I have no idea. Someone gave the scenario of folding their blind the first hand and then rebuying and I failed to see what the issue was but they all agreed. So it became rebuys only when you’re out of chips, but a standard add on option at the end of the rebuy period so that a short stacked player doesn’t need to keep going all in as the time runs out. This was also deemed unfair because the big stacks shouldn’t get an add on. Smh. What I finally came up with is a “top up” option instead of an add on. Short stacks at the end of the rebuy period can buy chips in increments of 100 (t5 base game) at their prorated value to get themselves back to a starting stack. So far no complaints. Everyone can start the post rebuy period with a minimum of 20 bb if they choose to do so.
 
evolution of rebuys in my home game filled with picky players: it started out as rebuy any time you’re below starting stack. This was immediately deemed unfair after just a couple games. Why? I have no idea. Someone gave the scenario of folding their blind the first hand and then rebuying and I failed to see what the issue was but they all agreed. So it became rebuys only when you’re out of chips, but a standard add on option at the end of the rebuy period so that a short stacked player doesn’t need to keep going all in as the time runs out. This was also deemed unfair because the big stacks shouldn’t get an add on. Smh. What I finally came up with is a “top up” option instead of an add on. Short stacks at the end of the rebuy period can buy chips in increments of 100 (t5 base game) at their prorated value to get themselves back to a starting stack. So far no complaints. Everyone can start the post rebuy period with a minimum of 20 bb if they choose to do so.
Require players to surrender their stacks to re-buy if not felted.
 
Require players to surrender their stacks to re-buy if not felted.
Yeah we almost used that option but a top up works just the same and gives them a little discount. Starting stack is usually 3,000 so someone with like 2,200 is at an awkward spot where they don’t want to pay a full rebuy for a mere 800 chips.
 
We usually reward an unused Rebuy chip with a free add-on after the re-buy period ends (typically 10% of starting stack size). It gives the Rebuy chip real intrinsic value. Sometimes an optional add-on-for-cash is also offered, but not always (usually 25%-50% of starting stack, rarely 100%).

Players can use their Rebuy chip during the re-buy period only if a) they are felted and have zero chips (cooler protection), or b) they surrender their existing stack in exchange for a new one (the anti-short-stack-multiple-shoves provision).
 

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