I know that a lot of people are going to say: It's impossible calculate ICM on the table and bla bla bla... But I would like to make my own calculator. So, please, help me and don't try to make me give up. Rude?!?!?!? A little bit... 🙂🙂🙂
'Remaining prize pool' / 'Chips in Play' x 'Player Chips'
Ignoring player skill, this is how to calculate your individual ICM value.
eg. $500 prize pool, 100,000 chips (lets say 5000 chips x 20 players), you have 12,000 chips, this also implies that if there was no tournament fee then your buyin was $25.
So, if there have been no payouts made yet, your ICM value is 500/100000x12000 = $60
Once the payouts have started, then you must remove any payouts already made from the total prize pool. The total chips never change. There are many ICM tools available online, I like this one: https://www.icmpoker.com/icmcalculator/#
At least this is how i think it works.
Ignoring player skill, this is how to calculate your individual ICM value.
eg. $500 prize pool, 100,000 chips (lets say 5000 chips x 20 players), you have 12,000 chips, this also implies that if there was no tournament fee then your buyin was $25.
So, if there have been no payouts made yet, your ICM value is 500/100000x12000 = $60
Once the payouts have started, then you must remove any payouts already made from the total prize pool. The total chips never change. There are many ICM tools available online, I like this one: https://www.icmpoker.com/icmcalculator/#
At least this is how i think it works.
Manual ICM calculations are very tedious and completely impractical. There are several calculators that make these calculations much faster than a person. One such device is SNG Power Tools, which allows you to use the history of your games on most online poker sites. The program will analyze each hand played, highlighting the most controversial of them. On the other hand, you yourself can analyze certain hands in order to evaluate the range of your opponents' hands and assume how the situation would unfold if you call or decide to fold. It is important to note that PokerStars recently banned players from using ICM calculators during the game, finding that the program gives their owners an unfair advantage in tournaments. At the same time it is not prohibited to use it after the completion of the tournament to analyze your game. Be vigilant and good luck at the tables !.
I was thinking in calculate separatly the chance to be the winner, if I have low chances, at least regarding only the payjump calculating the monetary value of my chips and comparing with my investment plus next payout.
Micro Maven said: