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The goal in the late stage is either to win the tournament, or reach the final table as a first objective out of two. If you have a big stack at this stage you have a huge advantage and you must capitalize. Only then can you afford to sit back and play a little more passively until you are close to the money. In this stage of a tournament the blinds are so high that blind steals are a matter of survival. The players who freeze at this stage and let their stack disappear doesn't reach the final table as often as the players who take on a more aggressive and active approach. When you are only a few spots away, you should start making moves with your big stack, or even with a medium stack. A very aggressive play is recommended and you should make sure you are the aggressor and not the caller. Avoid confrontations with big stacks and pick on the smaller stacks in order to avoid going broke.
If you have a small stack you want to make moves before you become so short stacked that you cannot avoid getting played with, regardless of what the other payers are holding. If you get a great hand, you should do what it takes to get action in order to double up. For example, slow playing hands that you would not normally risk going broke with. In this situation, it is important that you gamble more and take risks if you want a chance of winning the tournament; of course, you also run a greater risk of going broke.
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