ICM stands for the Independent Chip Model; that is the model that defines the monetary value of the chips.
So from what is it independent? In fact, from many factors. ICM does not take into account the level of the game players, the players’ position at the table, the level of blinds, the dynamics of games, etc.
We are interested in the ICM algorithm only in the context of Poker tournament.To learn more read the article.
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