In a turbo deep tournament I recently played, a lot of players kept joining during the "late registration" period. My question is why?
I can see two bad things with this: first of all, you miss the very early stages where blinds are low and people are being a little bit crazy. I think this is a stage you'd want to be in, because if you don't get good cards, you can just fold and only lose some small blinds, but if you do get aces or something, and can get it all in with 1 or 2 others, you're in a pretty good position to double or triple up... and if it doesn't work out, you have time to rebuy.
Secondly, if you come in late, there are going to be a lot more big stacks around you, which makes it more likely that you'll get pushed around by them.
So, why do people come in late?