When you reach the final table of a poker tournament, play often stops to discuss a “Deal” or “Chop.” Understanding the difference between the calculation models can save you thousands of dollars.
This tool compares the two standard methods: ICM (Independent Chip Model) and Chip Chop side-by-side.
Which Method Should I Choose?
Your preference depends on your stack size:
1. Chip Chop
This method assigns prize money strictly based on the percentage of chips you hold.
- Who loves it: The Chip Leader. In some scenarios, Chip Chop calculates a prize higher than 1st place money (which casinos usually cap).
- Who hates it: Short stacks.
2. ICM (The Standard)
This uses complex probability to determine your chance of finishing 1st, 2nd, 3rd, etc.
- Who loves it: Short and Medium Stacks. It values survival highly.
- Fairness: This is widely considered the “correct” mathematical way to split a prize pool.
Strategy Tip: If you are the Chip Leader, propose a Chip Chop. If your opponents are smart, they will refuse and demand ICM. Knowing these numbers gives you negotiation power.
Frequently Asked Questions (FAQ)
Why does Chip Chop sometimes pay more than 1st place?
Chip Chop assumes each chip has a fixed dollar value. If one player has 90% of the chips, the math might assign them 90% of the remaining prize pool, which is often more than the actual 1st place payout. Most tournaments cap this at the 1st place amount.