ICM

thunder1276

thunder1276

Rock Star
Silver Level
Joined
Sep 28, 2009
Total posts
321
Chips
0
I found ICM thrown around a few places on this forum and I have no idea what it means. I tried to look it up but failed to find anything. Could someone define and explain this to me.
 
cjatud2012

cjatud2012

¯\_(ツ)_/¯
Silver Level
Joined
Mar 12, 2009
Total posts
3,904
Chips
0
independent chip model. Basically it's a method that SNG players use to figure out what their equity in the tournament is. Since the way that you buy-in and cash-out in a tournament is different than in a cash game, the chips you have in your stack are not directly proportional to a dollar amount the same way they are in a cash game. Rather, the worth of each chip changes depending on how much you have, how many players are left, how many chips they have, etc.

so I would google independent chip model for a more-in depth look, also you can check this thread: [old link~tb]
 
Last edited by a moderator:
roundcat

roundcat

Creature of leisure
Silver Level
Joined
Aug 25, 2005
Total posts
2,464
Chips
0
Here's a thread with an explanation and pointer to an ICM calculator:

[old link~tb]

It stands for Independent Chip Model and it basically provides a way to calculate the dollar value of your tournament chips in final table and SNG situations. The more chips you have, the less each is worth because the risk of losing them outweighs the potential reward of gaining more.
 
Last edited by a moderator:
JohnBoyWWFC

JohnBoyWWFC

Grindddddd
Silver Level
Joined
Jan 11, 2010
Total posts
5,369
Chips
0
I've read up on ICM before, but I still can't get the hand of it in any way.
 
Top