Quote:
Originally Posted by David Sklansky
I don't think you answered my question. I wanted to know if it took into account the difference in correct strategy based on, among other things, how close last place is to busting out. In other words does it assume the second highest stack is less likely to tangle with the highest stack if the smallest stack is tiny, as compared to when the total chips of the three smaller stacks add up to the same thing but the smallest stack is bigger.
This isn't what you asked in the original post.
But no, ICM doesn't account for collision rates, the size of the blinds, the player's strategies, positions, etc.
ICM is just a function that converts stacks into placement probabilities in a vacuum. It is known to slightly underestimate the value of the chiplead for the reasons you've posted.