1. Play the tournament for which the seat was supplied
2. Sell the seat for a slight bargain price and pocket the money
3. Use the seat as tournament dollars to gain you "free" entry into a number of other tournaments or SNGs.
Let me start by saying that I don't think one is more correct than the other - it really depends on your situation, why you played the satellite and other unknown factors. However, I do want to address a few things here.
1. Assuming you played the satellite to gain the experience of playing in the bigger tournament, then you should play that tournament. If you don't its equivalent to saying I will play in a tournament with a very narrow pay out scheme in order to sell my gains from it for less... In some cases, the tournament may seem like a crapshoot - but bear in mind, the satellites that you had to play to get there probably were much more difficult because of the narrow payout scheme.
2. When I was about to win the satellite I did, there were at least two people commenting on the table about their offer to purchase tournament dollars at a relative bargain. IN my case, I have earned T$215 - they were offering $190 cash. In my opinion, you should only do this when your unknown factors mean getting money out of your poker account to take care of life events. Some disagree with me on this, but as I said - the descision is up to you.
3. This one applies more for SNGs than for other multis, and essentially the reasoning is that I can play SNGs with the tournament money and have a "better" earn rate while playing the tournament dollars down to nothing.
With regard to the last argument, I don't really understand it, unless the satellite itself was a freeroll. If it was, then I think it can be prudent if you feel you are merely dead money in the tournament. However, I also feel that if you have about an average chance of making the money in the bigger tourney - go give it a try.
Just a few quick thoughts.
/dStatistics: Posted by starstealer — Fri Feb 18, 2005 3:21 pm
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