ICM Calculator

Independent Chip Model — convert tournament chip stacks into $ equity based on the remaining prize pool. Compare against a naive chip-chop deal.

Chip Stacks (4)

1
2
3
4
Total Chips1,000,000

Prize Pool & Payouts

1st
$
40.0%
2nd
$
25.0%
3rd
$
15.0%
4th
$
10.0%
5th
$
6.0%
6th
$
4.0%
Total Prize Pool (payouts)$10,000.00
Players
4
Total Chips
1,000,000
Prize Pool
$10,000.00
Paid Places
4

ICM Equities

Malmuth-Harville
PlayerStackStack %Chip ChopICM $ICM %
Player 1500,00050.0%$5,000.00$3,066.0830.66%
1st 50%
2nd 33%
3rd 15%
4th 3%
Player 2300,00030.0%$3,000.00$2,583.7725.84%
1st 30%
2nd 37%
3rd 26%
4th 7%
Player 3150,00015.0%$1,500.00$1,993.1419.93%
1st 15%
2nd 22%
3rd 42%
4th 21%
Player 450,0005.0%$500.00$1,357.0113.57%
1st 5%
2nd 8%
3rd 17%
4th 70%

ICM vs Chip-Chop Deal Difference

Chip chop distributes the prize pool strictly by chip share. ICM accounts for the non-linearity of tournament payouts — big stacks give up equity to short stacks under ICM. A negative difference means the chip-chop deal would OVERPAY this player vs their true ICM equity.

Player 1
chop $5,000.00→ ICM $3,066.08-$1,933.92
Player 2
chop $3,000.00→ ICM $2,583.77-$416.23
Player 3
chop $1,500.00→ ICM $1,993.14+$493.14
Player 4
chop $500.00→ ICM $1,357.01+$857.01