What in the Word(s).....I.C.M. Explained (kindof)
August 28th, 2024 Newsletter Cold Deck Quote: "I had to make a choice between being a lawyer or a professional gambler. I chose the more honorable of the two." - Chip Reese What in the word...... "ICM" Me practicing my bubble technique. (i.e. hanging on) I.C.M. stands for Independent Chip Model. If you want to delve into that actual definition and it's origins, please do so but here I would rather discuss what it practically means for NLH tournaments. I.C.M. can be thought of as pressure and it has to do with how your stack equates to real money. We have all, unfortunately, been the bubble boy or girl. That feeling of being out of the tournament...