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Re-buy strategy question. Chip leader at the break, do I add-on or not?

GaryQQQGaryQQQ Member Posts: 6,804
edited November 2010 in The Poker Clinic
I'm open-minded about rebuy tournaments, I usually avoid them, but I decided to have a proper go at a £50 guaranteed (£3 + 30p) rebuy tourney this afternoon and used the recommended tactic of taking a re-buy immediately.

Only 2 of us (both sat at the same table) from the 16 starters took the re-buy straight away. It was a useful luxury having twice as many chips as most of the others and it seemed to pay dividends, by the break there only 5 runners left with 3 spots to be paid, the 2 of us who started with the deep stacks were in first and second places without either of us needing to re-buy again. By then the rest of the field bought back in 10 times between them when they busted out.

At the break these were the stack sizes before add-ons;

1. GaryQQQ  26,190
2. player A    15,370
3. player B     7,950
4. player C     3,090
5. player D     2,400

All four of my opponents took the add-on of 3,000 chips. The prizes were as follows; 1st £49.50, 2nd £29.70, 3rd £19.80. Blinds after the break would be 1600/800.

My question is this; Should I have taken the add-on too, increasing my spend from £6.60 to £9.90 for an extra 1.67BB? Or is there more value as chip leader ignoring the add-on and going for the win with the 26K I already had?

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