Home Poker Chip Calculator

The advanced ICM Calculator can be used to determine ICM and chip chop distributions for deals in tournaments and simplifies poker tournament deal negotiations.

Just enter stack sizes and prize money for up to 9 players and hit “Calculate ICM Distribution”. A more detailed description for the ICM Calculator is below.

Free Poker Blinds Timer/Clock shows small and big blinds with dealing structures and blinds schedules for your home poker tourney or live poker game PokerDIY Tourney Manager: Free, simple blind timer and chip calculator for your poker games. Red chips are often worth $5 in most cardrooms, with the exception of California where $5 chips are yellow. Blue poker chips normally have a value of $10, again with the exception being California.

Stacks and prizes

Stacks and prizes

Raw Output and ICM Results

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How to use the advanced ICM Calculator

Enter the Data

We’ll just focus on the Standard Input mode for now:

• Stack Sizes: Enter the stack sizes for each player, leave fields blank if you’re running a calculation for less than 9 players.
• Prizes: Enter the prizes for each position. Please only use decimals. Prizes will be sorted descending when calculating.
• Money set aside: If you want to you can set aside some money which still will be played for after the deal. This amount must be smaller than the difference between 1st and 2nd place.

Once you’re done, hit the button “Calculate ICM Distribution” and the Poker Deal Calculator does it’s magic.

Prize Money Distribution

The ICM calculator shows how much money each player receives according to the Independent Chip Model (or ICM).

It’s also possible to show how much a chip chop deal pays out or even how much a mix of both deals pays out. This can be done via fine tuning. More about fine tuning below.

Below the table is a link (Shareable link to this calculation) which can be used to share this calculation. Any possible fine tuning will be shared as well.

ICM Finish Distribution

The ICM calculator also provides a detailed table which shows how likely it is, each player finishes in any position. This calculation is based purely on ICM and the stack sizes.

Advanced ICM Calculator Options

There are some options that make this ICM Deal Calculator stand out a bit. Let’s go through them.

Advanced Input

The Advanced Input doesn’t look very advanced, it’s just a text box. But copy-pasting chip counts and prizes from other sources is sometimes easier than manually entering all the information.

• Stack Sizes: The advanced input scans the first lines until the first blank line for stack sizes. It also supports player names. Just use the format “name stack-size”. If you don’t use a name, the calculator will assign the usual “Player x” names.
• Prizes: After the first blank line the advanced input scans for prizes until the next blank line.
• Options: Below that are options – all of which can be set when fine tuning (see below). Meaning: don’t adjust these options here.

Fine Tuning

When you tick the checkbox “Fine tune results” you get a set of options to adjust the results of the calculation. Those are the options:

• Allow chip chop excess: When calculating chip chop deals (see below) there can be rare occurrences where the deal allots more money to first place then the payouts would. This happens when there is a single huge chip leader. Default option for this calculator is to not allow such a deal. This calculator redistributes any excess allotments proportionally between the other players. If the checkbox is ticked, deals which allow more than first place money for any player are possible.
• Round results: You can choose to round the results to the nearest multiple of 1, 5, 10, 50, 100, 500 or 1,000. If the sum of the rounded payouts doesn’t equal the sum of prizes, the rounding error will be added or deducted to or from the player where the error has the least impact.
• ICM or Chip-Chop: By default the calculator provides a pure ICM deal. But it’s also possible to calculate a chip chop deal (just move the slider to the far right). It is also possible to calculate a weighted average of both deals. Since ICM deals usually favor short stacks and chip chop deals favor big stacks, sometimes it might be a good idea, to mix both deals. But in general chip chop deals are a rather bad idea for almost all players involved.

Fine tuning the individual payouts

When fine tuning is enabled you’ll see pluses and minuses pop up in the prize money distribution table. With those buttons you can manually adjust the payouts for each player.

Clicking plus or minus adjusts the payout for the player by (very roughly) 1 percent. In return the payout for each other player is adjusted accordingly, so that the sum of the payouts always stays the same.

You can use this option, when one player wants at least so and so much when negotiating a deal. When negotiating a deal online you use the shareable link option to send other players a link to the specific adjustment.

Question, remarks, suggestions, bugs? Please leave a comment below!

Relevant Resources

• What is ICM? A detailed explanation of ICM.
• Independent Chip Model on Wikipedia

Chips used for poker are among the most iconic parts of gambling overall. One complete basic set of poker chips usually consists of red, white, blue, green, and black chips. In addition, other larger high stakes tournaments also use other chipsets with more colors. For the most popular types of games like Texas Hold ‘Em Poker, or any other that uses chips as currency, you simply have to know how much each color is worth. It is important to remember that no set rules are in place for the values and that these are rather are common standards at poker events. In this article, we will go over the usual ways poker chips are valued during games.

Basic Poker Chips

White – $1

Pink – $2.50 (This is rare in poker, and it is sometimes used in black-jack)

Red – $5

Blue – $10

Green – $25

Black – $100

Full Poker Chips

White – $1

Yellow – $2 (Again, rarely used)

Red – $5

Blue – $10

Grey – $20 (Sometimes green)

Green – $25

Orange – $50

Black – $100

Pink – $250

Purple – $500

Yellow – $1000 (These are sometimes burgundy or gray)

Light Blue – $2000

Brown – $5000

Are You Hosting a Poker Event?

If you want to host a game of poker with a maximum of 10 players, the experts suggest you should have around 500 chips in three or four colors. If you plan to hold a much larger game with up to 30 people, an around 1,000 chips in four or five colors is what you will need. Regarding sets of chips for your own games, you should keep the number of different colors low and have the most chips of the lowest value. Then, you should have progressively smaller numbers of chips as they climb in value. One example of this is a 4:3:2:1 ratio for $1, $5, $10, and $25 chips. For 500 poker chips, totals of 200, 150, 100, and 50 chips in white, red, blue and green is the common practice.

Casino Chips

Casinos tend to have their own custom-designed chips that have monetary value and the name of the casino printed either printed or engraved on the sides. These are also often multi-colored, stylized, and have patterns. The color-coding in the casinos often follows the values listed above, but many casinos make up their own systems.

Atlanta casinos mostly follow the basic practice of white, pink, red, green, and black chips. They also add yellow chips for $20 and blue chips for $10.

Las Vegas casinos are arguably the most popular in the world, and they also follow the primary system. They too, however, add $20 chips. The Wynn casino also has brown $2 chips and peach $3 chips.

California has no legal laws for chip colors in California, but a common color coding method is as follows:

$1 is usually blue

$2 is green

$3 is red

$5 is yellow

$10 is brown

$20 is black

$25 is purple

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$100 is white and sometimes larger

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$500 is brown or gray and often larger

High-Value Chips

A chip that is worth more than $5,000 is rarely available at the public in casinos, because high-stakes games are mostly held privately. At these events, casinos sometimes use rectangular plaques that are around the same size as playing cards. Casinos that allow high-stakes gambling in public areas have plaques of $5,000, $10,000, $25,000, and even higher. Only Nevada and Atlantic City have these casinos.

Home Poker Chips Calculator Free

This all will be unnecessary if you are going to an online casino because the chips are already counted for you. However, not all online casinos are user friendly, to say it like this. Some of them have the Gamstop tool that prevents players with gambling issues to approach the site. To avoid such sites, you can check the list of non Gamstop casinos at sites such as freespins.monster.

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History

Most of the gambling games through history used some sort of cash marker for the currency. However, the first use of chips dates back at the early 1800s when the saloons and gaming houses in the Wild West started using engraved bones, ivory, or clay as chips. These were quite easy to copy however, so by the 1880s, several commercial companies manufactured customized clay chips for the use in saloons and gaming houses. They were carefully detailed and hard to forge.

In contemporary casinos, chips are custom and manufactured, still containing a percentage of clay. Some can also be ceramic. The weight, texture, design, and color are carefully observed and controlled, and some high-end casinos even have microchips in them, which means they are impossible to copy.