Introduction to the Independent Chip Model (ICM)
I was thinking about writing an introduction to the Independent Chip Model (ICM) and how to apply it. However, in my research I came across so many good ressources, I did not feel like I could add very much myself.
So here are some really great links about the Independent Chip Model.
Introduction
Sit and Go Planet has a great introduction, which will teach you the basics:
http://www.sitandgoplanet.com/sitandgo/sng_bubble/Introduction_to%20ICM.html
Online ICM Calculator
http://www.chillin411.com/icmcalc.php
ICM Software
Sit and Go Wizard (Sngwiz in short) - my favorite:
The SitNGo Wizard reads your tournament hand history and runs an analysis of each hand. The analysis compares the equity you would have if you fold pre-flop to the equity you would have if you push all-in pre-flop. Equity is your share of the prize pool at any point in the tournament. It is based on number of opponents, the size of each player’s stack, and the tournament prize structure.
The software computes the equity of every possible outcome of the hand. It combines the equity of each outcome with the probability of each outcome to come up with the total equity. It would take you days to do these calculations by hand, but the SitNGo Wizard computes them in a fraction of a second.
Download SitnGo Wizard 30 day free trial
More ressources
Dethgrind @ 2+2 example on how to solve actual problems with ICM
December 5th, 2007 at 16:09
[...] my recent post on ICM was not clear enough, I just found this little gold-nugget written by ZeeJustin. It is even better [...]