Sure, re-buy/add-on tournaments generally work like so:
Every player pays their buy-in, and then for some set amount of time, say the first hour, anyone who busts out has the option to "re-buy", or pay the buy-in again to get another stack of starting chips. This increases the size of the prize pool (unless you're below a guarantee threshold or something), and the total number of chips in the game. Then, usually, when the re-buy period expires, everyone gets a chance to do an "add-on", or purchase for the original buy-in amount an additional amount of chips equal to the starting chip stack. After this, there are no more buy-ins.
Freezeout tournaments simply mean no re-buys and no add-ons.
Generally the effect of playing in re-buy tournaments is that you're able to stay later if you wish to continuously re-buy, but it becomes more expensive relative to the prize money, and it takes longer for your competition to be eliminated. I like to think of it like every re-buy is an additional person so it's like you're entering a tournament that as more people, more prize money, and will take more time than it appears originally.
Hope that helps...  |