Enter each player’s stack and the prizes still to be paid. See what every stack is worth in money, and how much more than 50% you need to call an all-in.
| player | chips | prize equity | |
|---|---|---|---|
| A | 50.0% | 383 (38.3%) | |
| B | 25.0% | 308 (30.8%) | |
| C | 25.0% | 308 (30.8%) |
share of chips share of the prize pool
Ifgoes all-in andcalls, A needs to win:
52.9% by ICM, against 50% if chips were money. Losing costs more prize money than winning gains.
The Independent Chip Model (Malmuth–Harville): your chance of finishing first is your share of the chips. Given who finished first, your chance of second is your share of the chips that are left, and so on. A stack’s value is each place’s chance times its prize.
The call figure compares three futures for the caller: fold, call and win, call and lose, with the all-in for the smaller of the two stacks. It ignores blinds and antes already in the pot, and the model ignores skill and position.