ICM deal calculator

Convert final-table chip stacks into a dollar equity estimate for a deal, using the Independent Chip Model (ICM, the Malmuth-Harville method). Enter each remaining player's stack and the payouts for the places still being played for.

Player 1 stack (chips) Player 2 stack (chips) Player 3 stack (0 = not in the deal) (chips) Player 4 stack (0 = not in the deal) (chips) Player 5 stack (0 = not in the deal) (chips) Player 6 stack (0 = not in the deal) (chips) 1st place payout 2nd place payout (0 = not paid) 3rd place payout (0 = not paid)

Player 1 ICM equity —

Player 2 ICM equity —

Player 3 ICM equity —

Player 4 ICM equity —

Player 5 ICM equity —

Player 6 ICM equity —

Methodology

ICM converts a chip stack into an estimated finishing-position probability distribution, then into expected prize money against the payouts entered. It assumes all remaining players play with comparable skill, so stack size alone drives the estimate.

Every player's chance of finishing 1st is proportional to their share of the chips still in play.
The chance of finishing 2nd, 3rd, etc. is computed recursively: removing the chips of players already placed and repeating the 1st-place calculation on who remains.
A player's equity is the sum, across every paid place, of the probability of reaching it times that place's payout.
Up to 6 players and 3 paid places are supported; unused player slots (stack 0) are treated as not in the deal.

This calculator computes raw ICM equity from the stacks and payout amounts entered — it assumes all players have comparable skill and does not deduct any prize money already guaranteed before the deal, a common real-world adjustment left out here. It is a mathematical estimate, not advice on whether to accept a deal, and never a guarantee of what a deal will actually pay.

Sources

What this page is based on — every source is verified, and links out whenever the document is still reachable.

Independent Chip Model verified Aug 19, 2026 agent:verification