If you play live MTTs often, on the Circuit or elsewhere, then you are probably aware of how they do large field multiflight tourneys.

Sometimes if it isnt too many people expected they end Day 1 a few people from the money. For example if 15% of the field gets paid, then they would bag up at 16%.


The other way its done if they expect a huge turnout is they will play down to 5% of the field before bagging, but 15% get paid and if you get eliminated during that time, then you get a payout for where you finished and then have the ability to enter a future flight again. In short, its possible to cash every flight.


If you bag a stack at the end of the night, then you are NOT able to enter another flight, but you have to ability to surrender your stack, get a payout as if you busted last hand of the night, and then reenter.


My question for people is what is the minimum stack that you would bag up, opposed to getting your small payout and taking another shot at running up a big stack for the restart. Lets assume that the average stack for the restart is 25bb and there is one more flight remaining that you can enter tomorrow.

My gut says 5bb is worth enough to bag and <1bb is a clear surrender, but what about 2.5-3bb. Im curious what the line is here.

iono.

A chip and a chair is real.

People win with 1 BB at some point in the tournament often enough.

I don't understand surrendering 1 BB if you are going to not surrender 5.

A chip and a chair is real, but it's real rare. There's probably a big difference between 1 and 5 chips. As for the decision, I think you would have to look at structure (the slower the tournament the bigger stack you'd want), other stack sizes going to day two, I'd be more likely to surrender if my stack was super small relative to the field, and obviously the payout structure matters.

I think it’s kinda goofy when people bag a decent stack and then play many more bullets. Like in your example, i may be wrong but I feel some people would play another bullet if they bagged 10-25bbs. I feel it’s kinda spewy to forfeit say 15-20bbs and try to bag a bigger stack. Like is it really worth 1 buy in to try and bag say 30-50bb which is going to not happen at a super high % of the time when you have 15bb (for example) in the bag. If you can get the min cash though I mean I guess it make sense but I hate the idea of forfeiting chips. I think forfeiting <5bb if not in the cash is ok though if you can bag more chips in another flight.

There were some tournaments in the LA area where they offered a better incentive for qualifying twice, not just a mincash, and you’d be able to take your biggest stack onto day 2. Those fields are so soft I think I did it a few times, but generally I’ll never try and get a bigger bag in the situations you described in the OP.

It’s also so rare to be down to 1,2,3,4,5bbs anyway it’s prob not worth too much consideration. It sounds like we all agree it’s silly to forfeit 10bbs, but I’m glad there are players out there who do it.

Unless you somehow got to the super short stack on the last hand, better to blindly jam with 2hands to go,then 1 hand to go.

If you do somehow have 1BB, I’d probably surrender it, if I thought I had a decent edge on the field and no other plans for the next day.

This is my thinking. When you are getting near the end of the day (last 15 minutes). Start jamming blind or with ATC. If you are going to surrender, might as well at least gamble.

This I agree with. But you can lose the last hand of the night and be left with <1bb.

I had this happen a few years ago and had to come back the next morning with 1.5bb. Then I found out I was bb first hand so I had to hope my first hand was a winner... it was not

This can be 'right' in other scenarios as well; you might have a more profitable opportunity the next day than returning to a micro stack (or it might be just life EV, ie you have something other than poker to do).

I had a better one. I played a tournament in Delaware Park 7-8 years ago, where I made a final table (obvi ITM, it was a 300 or so player field) with <2bb. Basically we agreed to play day 1 to the Final Table and I got crippled in a 3-way all-in last hand on the final table bubble hand for hand. Had to drive an hour to Delaware Park to play 2 hands next day (it was before big blind antes and I remember those antes were big, so I had to go with some crap). Before that Final Table started I bought in into 2 5 NL game in the cash room, played for like half an hour, then left my chips on the table to go play the final table and was back to the cash game within 2 orbits and that included receiving my payout lol