Hold’em with Holloway, Vol. 9: Differences Between Rebuys and Reentries
If you’ve visited your local casino lately, you’ve no doubt noticed many of the weekly poker tournaments labeled either “rebuy” or “reentry.” The two descriptions may seem interchangeable, but there are actually some differences you ought to be aware of before pulling up a seat to the game.
Rebuy tournaments allow players to buy back in again once they fall below a certain chip amount or are eliminated. To do so, players remain seated, inform the tournament director of their desire to rebuy, and are given a new stack in exchange for their new buy-in.
The rebuy option is usually available up to a predetermined point in the tournament, meaning players can theoretically fire as many bullets as their bankroll allows. Rebuy tournaments were popular up through 2009, which is when they were largely phased out of the poker industry.
The demise of rebuy tournaments was accelerated at the 2008 World Series of Poker when popular poker pro Layne Flack rebought into a $1,500 pot-limit Omaha tournament a staggering 24 times. He needed to finish in 12th place or better to show a profit, and he somehow managed to win the whole thing for $577,725.
That win, which gave Flack his sixth championship bracelet, was met with widespread criticism from the poker community. Many believed it demonstrated that a pro could essentially “buy a bracelet” by rebuying until they amassed a stack big enough to give them an advantage. An amateur, they argued, didn’t have the bankroll to do that and would be discouraged from playing such events. The WSOP Players Advisory Council agreed and did away with rebuy tournaments prior to the 2009 WSOP.
Within a few years, reentry tournaments would not only replace the rebuy, but also set a new industry standard. A reentry, as opposed to a rebuy, requires players be eliminated from the tournament before paying the buy-in again. At that point they are assigned to an entirely new seat. Some tournaments allow for unlimited reentries, while others have established limits such as one reentry per Day 1 flight.
For example, the Mid-States Poker Tour (MSPT), which is about to wrap up its fifth season, has struck a balance with reentries that has proven popular among players. Most MSPT $1,100 Main Events feature two starting flights, and per rules players are allowed to reenter Day 1b if they bust from Day 1a. In addition, they’re allowed one reentry per day before the end of Level 9.
That means if you suffer a cooler in Level 2 on Day 1a, you can pony up another $1,100 and get back in action. Bust that one and you're done for the all. So, the most times any player can theoretically enter a MSPT event is four (Side note: I did just that at the MSPT Ho-Chunk Gaming Wisconsin Dells back in September).
The reentry quickly became popular among both the players and casinos. The former were always in danger of traveling long distances only to suffer a bad beat early on to be eliminated from a tournament, but with a reentry they had the option to either jump back into action straight away of try again the next day. In other words, it made the trip worthwhile. As for the house, they’re able to rake each reentry — something they couldn’t do with rebuys — so it meant more money in their coffers.
Reentry tournaments have been further popularized on the World Poker Tour, which lowered many of its formerly $10,000 buy-in tournaments to $3,500 with a reentry option. Since then, the format has gained momentum and is being imitated by tournaments across the country. So, the next time you happen upon a tournament designated either a rebuy or reentry, you’ll know just what you’re getting yourself into. The only question is — how many times will you rebuy/reenter?
Let me know your thoughts on rebuy/reentry tournaments on Twitter @ChadAHolloway.
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In this Series
- 1 Hold’em with Holloway, Vol. 1: Making Reads and Trusting Them
- 2 Hold’em with Holloway, Vol. 2: Playing in Poker Charity Events
- 3 Hold’em with Holloway, Vol. 3: Throttle Back Before You End Up Punting
- 4 Hold’em with Holloway, Vol. 4: Punish the Satellite Bubble
- 5 Hold’em with Holloway, Vol. 5: What is Proper Accumulator Strategy?
- 6 Hold’em with Holloway, Vol. 6: A Chip and a Chair Story with “SirWatts”
- 7 Hold’em with Holloway, Vol. 7: 15 Things About Poker I Wish I’d Known Sooner
- 8 Hold’em with Holloway, Vol. 8: Examining the Largest Overlay in Poker History
- 9 Hold’em with Holloway, Vol. 9: Differences Between Rebuys and Reentries
- 10 Hold’em with Holloway, Vol. 10: Five Must-Read Poker Books of 2014
- 11 Hold’em with Holloway, Vol. 11: When Will You Finally Break Through?
- 12 Hold’em with Holloway, Vol. 12: Dealing with a Target on Your Back
- 13 Hold’em with Holloway, Vol. 13: Knowing When to Call It Quits
- 14 Hold’em with Holloway, Vol. 14: Embarking on a Year-Long Weight Loss Journey
- 15 Hold’em with Holloway, Vol. 15: Navigating Multiple Decision Points in a Poker Hand
- 16 Hold’em with Holloway, Vol. 16: Chris Moorman Tells Me How Badly I Play Poker
- 17 Hold’em with Holloway, Vol. 17: Richard “nutsinho” Lyndaker on Getting It in Marginal
- 18 Hold’em with Holloway, Vol. 18: Getting Inside the Head of Poker Pro Brian Rast
- 19 Hold’em with Holloway, Vol. 19: Stupid Calls & Lucky Draws in MSPT WI Championship
- 20 Hold’em with Holloway, Vol. 20: Talking Ante-Only Strategy with Greg “FossilMan” Raymer
- 21 Hold’em with Holloway, Vol. 21: Contributing to Jonathan Little’s New Book
- 22 Hold’em with Holloway, Vol. 22: Consequences of Acting Out of Turn & Tossing in Chips
- 23 Hold’em with Holloway, Vol. 23: When It Comes to Chops, Do What’s In Your Best Interest
- 24 Hold’em with Holloway, Vol. 24: Accepting Bad Beats & Lessons in Selling Action
- 25 Hold’em with Holloway, Vol. 25: Heinz’ Ace-High Call Shows Why He's a World Champ
- 26 Hold’em with Holloway, Vol. 26: Is Keeping the Short Stack Alive Collusion?
- 27 Hold’em with Holloway, Vol. 27: Great Laydown or Bad Fold on Poker Night in America?
- 28 Hold’em with Holloway, Vol. 28: Calling Hellmuth with Jack-Deuce Offsuit
- 29 Hold’em with Holloway, Vol. 29: The Philosophy of "No-Chop" Chad
- 30 Hold’em with Holloway, Vol. 30: Preparing to Play the World Series of Poker
- 31 Hold’em with Holloway, Vol. 31: Staying on Your Grind at the World Series of Poker
- 32 Hold’em with Holloway, Vol. 32: The Perilous Decision to Call Off with Ace-Queen
- 33 Hold’em with Holloway, Vol. 33: Using Poker Skills in Reality TV Competitions
- 34 Hold’em with Holloway, Vol. 34: Esfandiari Explains How to Recover from Bad Beats
- 35 Hold’em with Holloway, Vol. 35: Tilly vs. Brunson in Super High Roller Cash Game Hand
- 36 Hold’em with Holloway, Vol 36: Unconventional Play Leads to Good WSOP Main Event Start
- 37 Hold’em with Holloway, Vol. 37: Lessons in Pot-Limit Omaha Hi-Low w/ Evan Jarvis
- 38 Hold’em with Holloway, Vol. 38: Things to Say and Do When You Bust a Poker Tournament
- 39 Hold’em with Holloway, Vol. 39: How Much Did I Have to Raise to Get You to Fold?
- 40 Hold’em with Holloway, Vol. 40: Practicing Patience in My Deep PPC Poker Tour Run
- 41 Hold’em with Holloway, Vol. 41: Analyzing a Questionable SHRPO Main Event Hand
- 42 Hold’em with Holloway, Vol. 42: Analyzing the Play of Neymar Jr. at EPT Barcelona
- 43 Hold’em with Holloway, Vol. 43: The Value of a Reliable Poker Reputation
- 44 Hold’em with Holloway, Vol. 44: John “KasinoKrime” Beauprez Rips My PLO Game Apart
- 45 Hold’em with Holloway, Vol. 45: Satellite Dilemmas -- To Call or Not to Call
- 46 Hold’em with Holloway, Vol. 46: Seiver Leverages the River in Super High Roller Bowl
- 47 Hold’em with Holloway, Vol. 47: What Untraditional Moves in Poker Might Mean
- 48 Hold’em with Holloway, Vol. 48: Thinking About the Future with Sam Grizzle
- 49 Hold’em with Holloway, Vol. 49: WCOOP Champ “Coenaldinho7” Offers Up His Biggest Hands
- 50 Hold’em with Holloway, Vol. 50: The Peril of Shoving Weak Aces
- 51 Hold’em with Holloway, Vol. 51: The Importance of Not Giving Up in Poker Tournaments
- 52 Hold’em with Holloway, Vol. 52: Does Asking “Check” Actually Constitute a Check?
- 53 Hold’em with Holloway, Vol. 53: Thomas Cannuli Impresses Even After Main Event Bustout
- 54 Hold’em with Holloway, Vol. 54: Dealers Aren’t Always Right
- 55 Hold’em with Holloway, Vol. 55: Don’t Get Married to Pocket Aces
- 56 Hold’em with Holloway, Vol. 56: Bazeley’s Survival Instinct Leads to Continued Success
- 57 Hold’em with Holloway, Vol. 57: Playing “Deuces Wild” on the European Poker Tour
- 58 Hold’em with Holloway, Vol. 58: The Wildest Hand in European Poker Tour History
- 59 Hold’em with Holloway, Vol. 59: Death, Zombies & Spending Time w/Phil Hellmuth
- 60 Hold’em with Holloway, Vol. 60: How the Unstoppable Fedor Holz Managed to Win Again
- 61 Hold’em with Holloway, Vol. 61: Lessons To Be Learned When You Hit the Big Stage
- 62 Hold’em with Holloway, Vol. 62: Steve O’Dwyer Explains the “Oreo Cookie Tell”
- 63 Hold’em with Holloway, Vol. 63: What Would Happen to a Chip Stack If a November Niner Died?
- 64 Hold’em with Holloway, Vol. 64: Forgetting One Chip -- Should It Still Be an All-In Bet?
- 65 Hold’em with Holloway, Vol. 65: Todd “sharkslayerrr” Breyfogle on Bankroll Management
- 66 Hold’em with Holloway, Vol. 66: Cash Game Pro Daniel Arfin Offers Sound Bankroll Advice
- 67 Hold’em with Holloway, Vol. 67: Honeyman Plays Kings to Keep in Opponent’s Bluff Range
- 68 Hold’em with Holloway, Vol. 68: Why Do I Even Bother Drinking at the Poker Table?
- 69 Hold’em with Holloway, Vol. 69: Is Your Favorite Poker Pro Left- or Right-Handed?
- 70 Hold’em with Holloway, Vol. 70: In Order to Live You Have to Be Willing to Die
- 71 Hold’em with Holloway, Vol. 71: How to Amass a Big Stack Early in a Poker Tournament
- 72 Hold’em with Holloway, Vol. 72: Answering User-Submitted Poker Scenarios
- 73 Hold’em with Holloway, Vol. 73: Saying Goodbye with a Top Five List
- 74 Hold'em with Holloway, Vol. 74: We're Back, Baby!
- 75 Hold'em with Holloway, Vol. 75: Jivkov on Exploiting Capped Ranges
- 76 Hold’em with Holloway, Vol. 76: Matt Bretzfield Gets Tricky With Aces
- 77 Hold'em with Holloway, Vol. 77: Joseph Cheong Gets Crazy with a Pair of Ladies
- 78 Hold'em with Holloway, Vol. 78: Wyoming Poker Action & Wild South Dakota Hand
- 79 Hold'em with Holloway, Vol. 79: Calling Controversy at WinStar
- 80 Hold'em with Holloway, Vol. 80: Going for Value with Matt Hunt
- 81 Hold'em with Holloway, Vol. 81: Bracelet Winner Ryan Leng on Bad Call
- 82 Hold'em with Holloway, Vol. 82: Romeopro33 Recounts XL Eclipse Victory
- 83 Hold'em with Holloway, Vol. 83: Men The Master Doesn't Get Paid
- 84 Hold'em with Holloway, Vol. 84: Harman Hits Back-to-Back Miracle Turns
- 85 Hold'em with Holloway, Vol. 85: Jamie Kerstetter on Dealing with Bounties
- 86 Hold'em with Holloway, Vol. 86: Matt Stout Develops a Limp Dynamic
- 87 Hold'em with Holloway, Vol. 87: Matt Alexander Caught in Between w/ Two Red Aces
- 88 Hold'em with Holloway, Vol. 88: John Beauprez on Why He Folded a Set of Jacks
- 89 Hold'em with Holloway, Vol. 89: Alex Aqel Lets Opponent Hang Himself with Aces
- 90 Hold'em with Holloway, Vol. 90: David Peters Makes Beastly Call Against Will Givens
- 91 Hold'em with Holloway, Vol. 91: Poker Lessons from a Game of Risk
- 92 Hold'em with Holloway, Vol. 92: My Upstuck Diagnosis by the CLC Squad
- 93 Hold'em with Holloway, Vol. 93: Alex Foxen Coolers Nick Petrangelo in SHRB
- 94 Hold'em with Holloway, Vol. 94: My $25,000 PSPC Experience at 2019 PCA
- 95 Hold'em with Holloway, Vol. 95: The Equity of Leveraging Time Extensions
- 96 Hold'em with Holloway, Vol. 96: Dan O'Brien on Developing Healthy Routines
- 97 Hold'em with Holloway, Vol. 97: Big Hands From the WSOP-C Potawatomi
- 98 Hold'em with Holloway, Vol. 98: Simon Deadman Rips Apart My NLH Tourney Play
- 99 Hold'em with Holloway, Vol. 99: Shoving 10-6 Smack Dab Into Pocket Aces
- 100 Hold'em with Holloway, Vol. 100: The Revived Re-Entries Debate
