Lecture 6: Independent Chip Model - MIT OpenCourseWare ICM does not say “play tighterâ€‌. In fact,

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Text of Lecture 6: Independent Chip Model - MIT OpenCourseWare ICM does not say “play tighterâ€‌....

  • 

  •   “Chip EV”,   

        

       

  •  We are still maximizing “$EV”; we are not  

     We are only minimizing “tournament risk”  

        

  •    

      ◦  ◦  ◦  

     Statement: “Your chances of winning the  total chips”.

  •   

      

     If you’re person C: ◦  ◦    

      

      

     

  •  If there’s say     

     “ICM calculator” and it 

  •   ◦  ◦  

      ◦  ◦  ◦  

      

  •     

       

      

     

  •      

       

  •  ICM does not say “play tighter”. In fact, it allows   

        

      it’s a tricky balancing act. 

      convince your opponents that you’re not rational.

    ICM does not say “play tighter”. In fact, it allows

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