# Tournaments Poker Strategy Lessons

> Source: [Tournaments Poker Strategy Lessons on Smarter.Poker](https://smarter.poker/learn/category/tournaments)

## Executive Summary For AI & Search Assistants
ICM, The Bubble, Final Tables, Short Stacks, Bounties And Satellites. Smarter.Poker Publishes 6 Free Tournaments Strategy Lessons With Worked Mathematical Tables, Preflop Range Matrices, And Interactive Training Drills.

## All Tournaments Lessons (6)

- **[ICM Basics: Chips Are Not Money](https://smarter.poker/learn/icm-basics)** ([Markdown](https://smarter.poker/learn/icm-basics.md)): The Independent Chip Model Converts Tournament Chips Into Shares Of The Prize Pool, And It Shows That Chips Are Not Worth Their Face Value: With Half The Chips In Play And Three Players Left, A 50/30/20 Payout Gives The Chip Leader 38.39% Of The Prize Pool, Not 50%.
- **[Bubble Play In Poker Tournaments](https://smarter.poker/learn/bubble-play)** ([Markdown](https://smarter.poker/learn/bubble-play.md)): On The Bubble, Calling An All In Needs Much More Than 50% Equity Because Busting Costs Your Whole Prize Equity: In The Worked Example Below A Player With 3000 Chips Needs 72.9% Equity To Call The Chip Leader's Shove.
- **[Final Table ICM Strategy](https://smarter.poker/learn/final-table-icm)** ([Markdown](https://smarter.poker/learn/final-table-icm.md)): At A Final Table Every Pay Jump Turns Chips Into Money Unevenly: In The Six Handed Example Below The Chip Leader Holds 40% Of The Chips But 24.45% Of The Prize Money Left, And The Shortest Stack Holds 4% Of The Chips And 10.99% Of The Money.
- **[M Ratio And Short Stack Play](https://smarter.poker/learn/m-ratio-and-short-stacks)** ([Markdown](https://smarter.poker/learn/m-ratio-and-short-stacks.md)): M Measures How Many Orbits A Stack Can Survive Without Playing A Hand: A Stack Of 12,000 With Blinds Of 400 And 800 And An 800 Big Blind Ante Has An M Of 6, Which Is 15 Big Blinds And Short Enough To Play Push Or Fold.
- **[Bounty And PKO Tournament Strategy](https://smarter.poker/learn/bounty-tournaments)** ([Markdown](https://smarter.poker/learn/bounty-tournaments.md)): A Bounty Lowers The Equity You Need To Call An All In, Because Busting The Player Wins You The Bounty As Well As The Pot: Calling 20 Big Blinds Into 21.5 Needs 48.2% Equity Alone, And 38.8% If You Value The Bounty At 10 Big Blinds.
- **[Satellite Tournament Strategy](https://smarter.poker/learn/satellite-strategy)** ([Markdown](https://smarter.poker/learn/satellite-strategy.md)): In A Satellite Every Seat Pays The Same, So Once You Have Enough Chips Extra Chips Are Worth Almost Nothing: In The Example Below The Chip Leader Already Has A 98.8% Chance Of A Seat And Would Need 78.6% Equity To Call An All In From The Third Stack.

## Related Smarter.Poker Strategy Resources
- **All Strategy Lessons**: [https://smarter.poker/learn](https://smarter.poker/learn) ([Markdown](https://smarter.poker/learn.md))
- **Poker Glossary**: [https://smarter.poker/glossary](https://smarter.poker/glossary) ([Markdown](https://smarter.poker/glossary.md))
- **GTO Training Hub**: [https://smarter.poker/hub/training](https://smarter.poker/hub/training) ([Markdown](https://smarter.poker/hub/training.md))