Yesterday I put myself on the waiting list for the PS5 at the local Gamestop because I thought it wouldn't do any harm. But what exactly does that bring? Assuming I would be 10th on the waiting list, for example, and they get 11 PS5s for sale that one is reserved for me?
Exactly. Then the first 11 on the list will be informed. Only when these are canceled or do not react within a certain (probably 24-48 hour) time window will the next places on the list be notified.
However, it is questionable whether enough consoles will then be available for this waiting list to bring anything
To question that would only make sense if, contrary to expectations, there are more consoles than inquirers and you don't need the list.