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Marketo has a missing opportunity in the number of system fields.
A system field for counting would be nice but is not available (that I know of).
That's unfortunate. Thanks for the response!
As far as I know, Marketo does not have a good way to use the number of members to trigger actions. This is a highly requested feature, particularly for events with limited spots available.
I usually just create a report showing how many members have the status "Registered" and then change the landing page to let the leads know they are being put on a waitlist once the limit has been met. You have to create a seperate campaign to change the progression status to "Waitlisted" for those who did not make the first 50.