Value of doubling up

[Chris Callahan]

Let's say I'm a winning $10+1 player at +$2 per tournament, i.e. my stack is worth $13. If I double up in the first hand, what is my stack worth?

--- Callahan

[Nicholasp27]

if you double up on one player, so stacks are 8x800 and you at 1600, ICM says your equity is 18.44..then you can add in your skill advantage, which may be more than before if you wield a big stack better than an average stack...

everybody else on the table got 19 cents each from your doubling up as well

[caretaker1]

What's ICM?

Thank you.

[Nicholasp27]

independent chip modeling

it gives a value to your equity in the prize pool given chip stacks and payout structure...it says what you should expect to win in actual % of prize pool if everyone at table is evenly skilled...so we use it to see if a play is +/- $ev based on the ICM value if we win the hand, folded the hand, lose the hand and the probability that each of those events occurred