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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]
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.
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Poker calculators are algorithms which through probabilistic or statistical means derive a player's chance of winning, losing, or tying a poker hand. [1] [2]Given the complexities of poker and the constantly changing rules, most poker calculators are statistical machines, probabilities and card counting is rarely used.
Poker: Texas Hold'em (No Limit) Play two face down cards and the five community cards. Bet any amount or go all-in. By Masque Publishing
In addition to the payout structure, a Malmuth-Harville ICM calculator would also require the chip counts of all players as input, [8] which may not always be available. The Malmuth-Harville model also gives poor estimates for unlikely events, and is computationally intractable with many players.
In poker, the showdown is the situation when, if more than one player remains after the final betting round, the remaining players expose and compare their hands to determine the winner or winners.
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