How profitable is it to late register Tritons?

GTO Wizard head content creator and the man who is single-handedly encouraging the poker world to late register Tombos21, has released some staggering statistics about the efficacy of late registration in Triton tournaments.

In a new video, Tombos21 compares Triton players' win rates to their own late-registering versions of themselves. The video reveals that Triton players who register after at least 30% of the field has been eliminated get a massive boost to their ROI.

We have seen this data before. In fact, this writer has published a lot of work about late registration over the years. The previous simulations don't factor in skill. Tombos21 got around this by comparing how players performed in their own early bullets and their own later bullets. This is from a sample of 8,834 bullets fired in total.

A 13.2% ROI boost

This data was made available because mttdb.com recently published all the results from Triton tournaments, including buy-in, profit, and number of bullets.

He found that when players registered at the very start, it didn't change their ROI, but there was a negative impact when 10% of the field had been eliminated. However, from 20% of the field eliminated, it was all boosts for the ROI.

It seemed that the sweet spot was registering when 30% of the field had been eliminated, rather than more than 40% of the field had been eliminated. That was worth a 13.2% ROI boost.

Most players in the Triton data fired close to twice per tournament and seemed to perform better on the second bullet. This might be because they have to play more carefully on the second bullet because they would be unable to register afterwards, but it almost certainly to a large degree because of the ICM boost that comes with late registration.

This is how the ROI boost breaks down.