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In poker, the Independent Chip Model (ICM) is a mathematical model used to calculate a player's overall equity in a tournament. The model uses stack sizes alone to determine how often a player will finish in each position (1st, 2nd, etc.). A player's probability of finishing in each position is then multiplied by the prize amount for that position and those numbers are added together to determine the player's overall equity.^[1][2]

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The term ICM is often misunderstood to mean a simulator that helps a player make decisions in a tournament. Such simulators often make use of the Independent Chip Model but are not strictly speaking ICM calculators. A true ICM calculator will have the chip counts of all players, as well as the payout structure of the tournament, as input and each player's equity as output.^[3]

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The ICM can be applied to answer specific questions, such as:^[4][5]

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• The range of hands that a player can move all in with, considering the action so far and the stack sizes of the other players still in the hand
• The range of hands that a player can call another player's all in with, and recommends either calling or moving all in over the top, considering all the stacks still in the hand
• When discussing a deal, how much money each player should get

References[edit]

1. ^Fast, Erik (2012-03-20). 'Poker Strategy -- Introduction To Independent Chip Model With Yevgeniy Timoshenko and David Sands'. cardplayer.com. Retrieved 12 September 2019.
2. ^'ICM Poker Introduction: What Is The Independent Chip Model?'. Upswing Poker. Retrieved 12 September 2019.
3. ^Walker, Greg. 'What Is The Independent Chip Model?'. thepokerbank.com. Retrieved 12 September 2019.
4. ^Selbrede, Steve (2019-08-27). 'Weighing Different Deal-Making Methods at a Final Table'. PokerNews. Retrieved 12 September 2019.
5. ^Card Player News Team (2014-12-28). 'Explain Poker Like I'm Five: Independent Chip Model (ICM)'. cardplayer.com. Retrieved 12 September 2019.

Further reading[edit]

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• Harrington, Dan; Robertie, Bill (2014). Harrington On Modern Tournament Poker. Two Plus Two Publishing LLC. ISBN1-880685-56-6. Harrington discusses the ICM on pages 108-122.
• Collin Moshman (July 2007). Sit 'n Go Strategy: Expert Advice for Beating One-Table Poker Tournaments. Two Plus Two Publishing LLC. pp. 122–. ISBN978-1-880685-39-6.
• Jonathan Grotenstein; Storms Reback (15 January 2013). Ship It Holla Ballas!: How a Bunch of 19-Year-Old College Dropouts Used the Internet to Become Poker's Loudest, Craziest, and Richest Crew. St. Martin's Press. pp. 17–. ISBN978-1-250-00665-3.