Payouts
7 terms in Poker.
Final table
The last table of players remaining in a tournament.
Hand-for-handA tournament procedure in which every table completes one hand before any table begins the next.
ICMIndependent Chip Model, a method for estimating the cash value of a tournament chip stack.
LadderingMoving up to a higher payout by surviving while others are eliminated.
Min-cashThe smallest prize paid to a player who finishes in the money.
Payout structureThe schedule showing how prize money is divided by finishing place.
The bubbleThe stage just before the remaining players in a tournament begin winning prize money.