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Independent Chip Model. 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 ...
Frequency is the number of ways to draw the hand, including the same card values in different suits. The Probability of drawing a given hand is calculated by dividing the number of ways of drawing the hand (Frequency) by the total number of 5-card hands (the sample space; ( 52 5 ) = 2 , 598 , 960 {\textstyle {52 \choose 5}=2,598,960}
PokerStove is a program that calculates hand equities (i.e., expected percentage of the time that each hand wins at showdown). [3] Since poker is a game of incomplete information, the calculator is designed to evaluate the equity of ranges of hands that players can hold, instead of individual hands. [4] Pokerstove can calculate both pre- flop ...
Three Card Poker is played as heads-up between the player's hand and the dealer's hand. After all ante wagers are placed, three cards are dealt to each player and the dealer. Players have a choice to either fold or continue in the game by placing a "play" wager equal to their ante. Hands are then exposed and wagers resolved.
M-ratio. Measure of the health of a player's chip stack in poker. In no-limit or pot-limit poker, a player's M-ratio (also called "M number", "M factor" [1] or just "M") is a measure of the health of a player's chip stack as a function of the cost to play each round. In simple terms, a player can sit passively in the game, making only ...
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In Texas hold 'em, as in all variants of poker, individuals compete for an amount of money or chips contributed by the players themselves (called the pot).Because the cards are dealt randomly and outside the control of the players, each player attempts to control the amount of money in the pot based on the hand they are holding, [1] and on their prediction as to what their opponents may be ...
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