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Should there be a change in attitude/strategy when playing in a cash game versus a tournament? In one you are capable of replenishing funds, and in the other you will be eliminated.

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Obviously the answer is yes to the question as written. I think this needs to either be reworded or else closed as not being sufficiently expert-level. – Michael McGowan Jan 10 '12 at 23:06
This site works a lot better when you ask really specific questions about problems you actually have. "Should there be a change in strategy" is a really broad questions and uses would be left only guessing what problem you are trying to solve. This is a general discussion about techniques of poker in general, and cannot be reasonably answered in this type of Q&A site. – Robert Cartaino Jan 10 '12 at 23:47

closed as not constructive by Robert Cartaino Jan 10 '12 at 23:48

As it currently stands, this question is not a good fit for our Q&A format. We expect answers to be supported by facts, references, or specific expertise, but this question will likely solicit debate, arguments, polling, or extended discussion. If you feel that this question can be improved and possibly reopened, see the FAQ for guidance.

1 Answer

Good play at a table (cash game) and a tournament/SNG can be very different. In a cash game the chips are directly redeemable for money. Thus chip_ev = money_ev. This is not true in tournaments. ICM (Independent Chip Model) is a mathematical model to estimate the worth of chips. In general winning one chip has less impact than losing one chip on the worth of a stack. Or in other words chips of small stacks are worth more than chips of big stacks.

This can lead to the situation, that 2 players are all-in and this leads to a negative expectation for these 2 players since all other players in the tournament profit from this situation. This finally leads to the fact, that in late stages of a tournament being the one who goes all in first can be very important, since your opponent has to fold a lot more than in cash game. In a cash game he needs for a call always not more than 50% equity while in a tournament this value can be above 70%.

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