It was that article that caused me to write this application. The results match those produced by the Independent Chip Model, which is mentioned in the article Amir Lehavot Selling Action For World Series Of Poker Main Event Final Table. The program uses nine nested loops to determine the probability each player finishing in each place. You can select different hand matchups and get the right odds in a second. Except once a player is knocked out, he is permanently out. An odds calculator is a handy tool for all poker players to quickly get the right probabilities for any scenario at the table. The math is the same as if it were a coin flipping tournament, where chips are transferred between players randomly. Calculates dice roll probability, such as throwing two (6-sided) dice and having a certain sum of their faces. Methodology: I assume all players are of equal skill. The program will calculate the probability of each player finishing in each possible position, as well as his expected share of the prize pool. Do not skip positions, or you will get nonsensical results. ![]() For example, if there are five players, fill in stack amounts for players 1 to 5 only. ![]() Poker Hands Ranking from best to worst with images of sample hands. If there are fewer than nine players, leave the last player positions empty. Compare total trade values and calculate gain and loss percent of trade points or look up pick values. Poker Tournament Calculator IntroductionTo use this calculator, enter the amount of each chip stack, and optionally any prize money for each place.
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