Rebuy tournaments are much different than freezeouts. Players don’t worry about surviving in the rebuy period (at the start). They know they can pay for a new set of chips, so they play with aggression.
Many players play loosely, hoping to get lucky and build up a big chip stack for the middle part of the tournament. Unlimited rebuys take this to its logical conclusion. Players are known to see 80% of the flops, hoping to catch a flop. Daniel Negreanu is known to have used 48 rebuys in one WSOP unlimited rebuy event back in 2006.
Many players don’t have that money to spend, so they play a semi-loose style. They want to have a decent hand, but they may not be as selective as they would be in a freeze-out event. Don’t play the hand you have almost no chance of winning. Don’t make massive overbids.
Play like you might in a cash game where you know you can buy more chips, but you’d just as soon not. Add-on events have a similar strategy because players know they have a chance to refill and replenish their chip count.
When you play an freeroll tournament, you’re certain to see a lot of fish. Bluffing has limited effect. They got into the tournament for free and they’re willing to take the chance they’ll double up and have the big chip stack at the table.
In this situation, it’s better to play tight and only get into the action when you have confidence you’re ahead. Let the fish eat one another and try to catch the surviving big fish later.
Sound Strategy Decisions
The one strategy which is always in fashion is to play the odds and make sound decisions. When players are ahead most of the time as they bet into the pot, they’re going to be successful online poker players. Learn strong and weak poker hands, then learn everything in between.
Know the pot odds when you decide to call or, better yet, raise. Individual tournaments and single hands may not go your way, but when you put yourself in the best position to win consistently, you’ll succeed over the long term. Playing intelligently doesn’t assure you win any given hand, but smart players are winning players.