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Independent Chip Model

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In poker, the Independent Chip Model (ICM), also known as the Malmuth–Harville method, is a mathematical model that approximates a player's overall equity in an incomplete tournament. David Harville first developed the model in a 1973 paper on horse racing; in 1987, Mason Malmuth independently rediscovered it for poker. In the ICM, all players have comparable skill, so that current stack sizes entirely determine the probability distribution for a player's final ranking. The model then approximates this probability distribution and computes expected prize money.

Independent Chip Model - Wikipedia Jump to content From Wikipedia, the free encyclopedia Mathematical model in poker In poker , the Independent Chip Model (ICM), also known as the Malmuth–Harville method, [ 1 ] is a mathematical model that approximates a player's overall equity in an incomplete tournament . David Harville first developed the model in a 1973 paper on horse racing ; [ 2 ] in 1987, Mason Malmuth independently rediscovered it for poker. [ 3 ] In the ICM, all players have comparable skill , so that current stack sizes entirely determine the probability distr

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