Originally Posted by Grinderella
Hi there, I want someone to correct me if I get this wrong but to the best of my knowledge the calculation is as follows.
Total prize money available
= $2100 + $1500 + $940 = $4540
Stack sizes are:
600,000: 400,000: 200,000
Which can be simplified to:
3: 2: 1
So the number of shares of the prize money is 3 + 2 + 1 = 6 Shares
1 Share = ($4540 / 6) = $756.67
Villain 1 = 600,000 Chips = 3 Shares = ($756.67 x 3 ) = $2270
Villain 2 = 400,000 Chips = 2 Shares = ($756.67 x 2 ) = $1513
Hero(You) = 200,000 Chips = 1 Share = ($756.67 x 1 ) = $756.67
So the new payouts after the ICM deal should have been:
Payout
Villain 1  1st  $2270
Villain 2  2nd  $1513
Hero(You)  3rd  $756.67
So without google or anything like that, you can just add up the prizes, divide by the ratios and work out the shares.
What did you get in the end?
G


As others have stated, in your example it's the 'chip chop' model where you assign a $ amount per chip. However in the 'chip chop' model it clearly favors the chip leaders as seen that the guaranteed payout for 3rd is $940 but as the short stack I would get less which make no sense.
Plugging this into an ICM calculator based on the payout/chips is:
1st: $1716
2nd: $1550.67
3rd: $1273.33
Btw, I made the deal for $1140 so left some money on the table but lesson learned for the next time.