
Understanding ICM and how it changes your sit and go strategy.
ICM stands for Independent Chip Model and is particularly pertinent to sit and go strategy. Math has always played a big part of winning poker but with the recent in-depth studies of chip modeling in online sit and go tournaments, even more reliance is now given to how important understanding ICM is to making long-term profits online.
The underlying error with using just your tournament chips to calculate win odds and pot odds in a sit and go tournament, is that tournament chips themselves have no affixed value unto themselves, but alternatively you can relate your chip stack to the total payout structure of the tournament.
So, hence the need for ICM and a somewhat alternative look at stack to equity relationships to determine your best course of action, especially with near the money and in the money situations. ICM may be a bit confusing at first, because it explores concepts not normally associated with traditional straight up poker strategies. However, there are numerous professionals online that understand ICM implicitly and will thus have you at a statistical disadvantage, each and every game.
Essentially by using ICM in your sit and go game, you will know mathematically when to make the best move based on payout structure and how your stack measures up to the total payouts of the given tournament you are playing in.
You can better understand ICM by using poker assist software like SpadeICM to analyze your hand histories after the fact to see if you can make correct, critical game time decisions. You may find that what you have always been doing isn't exactly profitable EV, even though your pot odds may justify a different play altogether. If you can determine a course of action in a given hand, in a given situation, that over the long term will advance your chip equity in a sit and go tournament, then you should take that course of action every time.
But ICM isn't exact math or science, because you still have to know your opponent's hole cards or at least his range of hole cards, and given that that is actually deductible with experience, you sure can get relatively close to accurate math.
Up until the stage near the bubble, you are basically playing a tight aggressive strategy. There is no sense getting involved with stealing small blinds and playing small ball poker against players who will willingly play with you, and often costs you valuable early-stage chips.
As mentioned before, when you start getting near the money or are actually in the money, your bubble play in sit and go tournaments is really the most important part of your strategy. I mean, if you sit down to play a sit and go tournament, this is the area of your game that you really need to master, because otherwise it's all for not and your profitability and bankroll expectations are just going to end up suffering in the long run.




