Poker Tournament Calculator

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Player 9:

Prize Money:

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Player 9:

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Expected Win:

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Michael Shackleford, A.S.A.

Methodology: I assume all players are of equal skill. The math is the same as if it were a coin flipping tournament, where chips are transferred between players randomly. Except once a player is knocked out, he is permanently out. The program uses nine nested loops to determine the probability each player finishing in each place.

The results match those produced by the Independent Chip Model, which is mentioned in the article Amir Lehavot Selling Action For World Series Of Poker Main Event Final Table. It was that article that caused me to write this application.