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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 compulsory bets, for M laps of
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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 for poker. [3]
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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]
Most online cardrooms store played hands on the computer of the player, allowing players to analyze and track their own performance or to discuss poker strategy with other players. Statistics a player can track include showdown percentage, frequency of aggression, percentage of check/raise etc.
In some popular variations of poker such as Texas hold 'em, the most widespread poker variant overall, [3] a player uses the best five-card poker hand out of seven cards. The frequencies are calculated in a manner similar to that shown for 5-card hands, [ 4 ] except additional complications arise due to the extra two cards in the 7-card poker hand.