I won by playing freerolls a seat in 770's MPS satellite. The winners, of whom there will be 1 of every 15 registered, get hotel, flight (to Vienna, I believe) and the €770 buy-in for a live tournament.
But alas it's a rebuy tournament. Rebuys and add-ons are €25 and you start with 3000 chips and get 4000 and 6000.
I have barely €50 in the account and wouldn't rebuy if I get stacked in the first 6 levels.
Advantages if I play from the beginning, rebuying once and adding on at the break:
possibility with help from cards of taking serial rebuy donkeys' chips and having a commanding stack after rebuys are over
playing tight, even if I get skunked in the first 6 levels, I'll should still have on average around 11.000 chips after the the add-on -- marginally fewer than if I wait to register
If I do well at first it will mitigate the effect of adding chips to the tourament, which necessitates winning more chips to get into the money.
Advantages if I register late in the 6th level, then rebuy and addon:
I'll avoid getting stacked with a suckout and have 12.000 chips at blinds of 120 -- not a terrible chance
There should be some players eliminated who can't/don't rebuy.
Any player who loses his stack thereafter will put me that much closer to the money rather than being able to rebuy and stay in the tournament..