Quote:
Originally Posted by xGREGORx
For a 3-way tourney chop, I was comparing the "chip chop" method with the "ICM method" to figure the payout amounts. Can anyone check my math to see if I did this correctly? Thanks
3 players:
Player 1 - 15,000,000 chips
Player 2 - 10,000,000 chips
Player 3 - 5,000,000 chips
1st place $ = $300,000
2nd place $ = $150,000
3rd place $ = $100,000
By chip chop, I figured...
Player 1 gets $275,000
Player 2 gets $183,333
Player 3 gets $91,667
By ICM chop, I figured...
Player 1 gets $217,500
Player 2 gets $186,667
Player 3 gets $145,833
Does this look right? Thanks ----xGREGORx
Errr in your chip chop player 3 is getting less than the 100,000 he is guaranted ... seems dubious, doesn't it ?
You should give 100,000 to everyone as a start and then do whatever calculation you like for the rest of the prize pool I think.