Deal
Definition
A deal or final table deal is an early end to a large tournament that comes about when all the remaining players agree to divide the prize money in some way. Usually, the distribution of prize money is based on the chip counts. It is also common to dole out most of the prize money and then to play out the rest of the tournament to see who wins.
Kinds of Deals
Chipcount Method
Each player gets the amount that he would have surely won otherwise. The remaining portion of the prize money is distributed according to the chip standings.
ICM Method
The money value of the players' chips is calculated using the independent chip model and the prize pool is divided according to this. This method is based on the profit each player can expect to make from his current chips.
The prize pool is divided between the players such that all players get the same amount, but play continues for the remaining amount.
Seat+Chipcount-MethodEach player gets a fixed amount for coming so far in the tournament. The rest is distributed according to the chipcount method.
Related Topics:
Tournament, MTT, Final Table, ICM