Why not let them back in?

I just got an email from one of the very best tournament directors, asking my opinion of a question he had come across. "Why not let players buy in again if they go broke while registration is still open in a 10k main event?"

There is only one good reason not to allow this…..it will drive some of the less thoughtful players crazy (well, maybe two, if you want to protect bad players from losing $20k instead $10k).

Only a very loose or very unlucky player is going to go broke in the first 2 levels of a $10k event. In either case I have no problem with them registering again. If it encourages players to gamble while registration is still open, then good! That part of these tournaments is so boring, maybe it will liven things up occasionally when the right players are at the table.

If someone wants to gamble up because they hate their table draw, thats fine. I can only see a problem if players colude and dump chips or agree to go allin so that one can have double chips and the other can start over at a better table. Two players might even colude to go allin against each other just have a 50/50 chance of playing with a double stack. They might even do this without technically colluding. I dont think this gives abusers much extra EV even if they do this, but it would be the only other argument I can find against allowing people to register again.

Two starting day tournaments is much less clearcut, but I don't even see a problem with bustouts from day 1a playing day 1b. It would definately help the prize pool.

Of course I don't think this will go over well with many players. For example, look at the WSOP advisory board getting rid of re-buys. Although it is not the same thing, It does show that even very smart people, who have made there livings from other peoples bad decisions, would most likely be opposed to leaving this option open. Why, I don't really know.