So as we evolve the tools that allow us to play poker, it also increases those same tools that allow us to improve our style of play. Many of these are computer programs or storage of the habits of our opponents.
ICM (Independent Chip Model) and is a tool designed for those who usually engage in multi-table tournaments and sit and go. The calculator, developed by UCLA, allows to estimate the expected value, in terms of premium, based on the chips you have.
Let’s take an example. We enrolled in a sit and go nine players with buy-in € 10. The prize for first place is $ 40 (4 times the initial buy-in), the award for the second is 25 euros and the award for the third time is 15 euros. Obviously from fourth to ninth position there are no prizes.
At the beginning of the tournament equity, ie the percentage of victory translated into money, is exactly the same for all players (10 euros) because everyone has the same amount of chips in front. Apart from the first hand and the flop with only two players to contend for the pot. The two, call them A and B, both decide to go all-in. Having the same number of chips in front of those who were to win would you throw off your opponent.
Vince A and B then leaves the tournament. Now the equity is obviously up to but not the double as one would think considering it has just doubled his stack taking it from 1,500 to 3,000 chips. In fact, the equity of Player A is now 18.30 euros (instead of twenty) and the other players, although not involved in the hand, however, is increased from 10 to 10.10 euros. The reason? Very simple, now that the number of contestants is reduced from nine to eight chances to win a prize not grown only in the author’s double up, but also for everyone else.
During the tournament, especially when you stay four or five players, this tool can become very important to calculate their chances of victory and change the style of play accordingly.