Not sure where to post this. Rarely play MTT`s anymore but had a look in the Stars lobby and spotted the $1 rebuy $60k guaranteed.
Extended registration: 90 mins.
Buy-in: 3k chips
Re-buy (90 mins): 3k chips
Add-on (After 90 mins): 30k chips (!!!)
If u join in the last minute before re-buy ends, just buy-in and take the add-on u get a 33k stack after the add-on period has ended. That`s roughly 50 % of average.
Total prizepool in todays tournament was $88 876.
You have contributed with $2.10.
Obviously this structure is bingo, but still this should be massive EV?
Is there something I`m missing? Why do all these ppl play it and rebuy for another 3k in chips when the add-on is 10x more chips? Because it`s just $1 I suppose?
Challenge: Gonna play this 10 times until the end of june and post results