What does it mean?
ICM translates a chip stack into its expected share of the prize pool. Because chips lose value as you accumulate them, ICM often makes folding a mathematically strong hand the correct play near the bubble or at a final table.
Independent Chip Model (ICM) — Poker Term Explained
ICM translates a chip stack into its expected share of the prize pool. Because chips lose value as you accumulate them, ICM often makes folding a mathematically strong hand the correct play near the bubble or at a final table.
- English term: Independent Chip Model
- The model that converts tournament chips into real prize value.
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