Ever wondered what "M" is...
Ive decided its time i contribute to this forum a little more, ive started to post alot in the MTT hand section, and im going to post a little something here, for newish players, about what "M" is, and how to interpret it into your MTT game.
Sometimes, when converting hand histories you may see a players M, displayed, if you have ever wondered what it is, here is your answer...
So what is this "M" business?
A Players "M", which can also be called "M Factor" or "M-Ratio" its all the same thing dw, and to keep things simple im just gonna use "M", is basically, a measurement of how healthy your chip stack is, i order to play each orbit (or round of blinds).
M is mostly used in pot limit and no limit holdem, and tournament poker, M can be considered in cash games, but its significantly less effective, due to the fact a player can reload their stack at any one time.
Having a high "M" means a player can sit back and relax, there is no need to make any moves because your stack can healthily afford "M Laps" which is a round of blinds, or an orbit.
If you have a low "M", you are under alot of pressure from the blinds and antes to make moves with alot more hands, due to the damage the blinds and antes are causing to your stack.
Ok, but how do i know what my "M" is?
Its alot easier to calculate your M than you may think.
You simply, Divide your current stack size, between the combined value of 1BB, 1SB, and total antes.
For Example: If, 6 handed, you have a 100,000 stack, at 1000/2000 levels, with 200 antes. Your M would be
M= 100,000/ 1000+2000 = 3000 + 6x 200 = 1200 = 100,000/4200 ~ 24
So, how do i know if my "M" is good?
Taken from Harrington on Holdem (Obv i cant take all credit )
If your "M" is 20 or Above = You are perfect, you can feel free to play as aggresively or conservatively as you want.
When your "M" is between 10 and 19 = You have to take on a little more risk, and your low pairs and connectors loose alot of value
When your "M" is betwen 6 and 9 = It becomes highly important to preserve your chips for the right situations because......
When Your "M" is between 2 and 6 = Your only option is an all in or fold game, the blinds and antes are affecting you stack incredibly, there is not enough value in a simple raise.
Once your "M" gets to 1 = You are 100% dependant on luck, you should never let yourself get into this situation.
I hope my post on "M" atleast helps a few people a little
I have interpretted it into my MTT game for a while now, and it really does give you an idea on what range you should be playing, how much your raises should be, and really helps you feel alot more comfortable around the table
Thanks for reading (if you did )
Good luck at the tables