Tools / Bubble Factor Calculator

Bubble Factor Calculator & Formula

Enter the stacks left and the payouts still in the pool. The matrix below shows the real equity every player needs against every other player to call an all-in - not a rule of thumb, the actual ICM math for this exact table.

Players remaining

6 players · 65,500 chips
28.1%
21.7%
18.0%
14.7%
11.0%
6.6%

Payouts (place 1, 2, 3...)

Pool: $5,900
#1
#2
#3

Places 4-6 pay nothing.

Bubble factors updated for 6 players.

Required equity to call an all-in

Rows are hero, columns are villain - click a name above to set who's deciding, or just read any cell as “row calls column’s shove.”

Bubble factor for each hero and villain pairing.
Hero \ VillainPlayer 1Player 2Player 3Player 4Player 5Player 6
Player 1-60.0%57.7%55.7%54.0%52.1%
Player 262.7%-58.6%56.4%54.3%52.3%
Player 361.1%59.9%-56.7%54.5%52.4%
Player 459.3%58.2%57.5%-54.6%52.5%
Player 557.2%56.3%55.7%55.3%-52.5%
Player 654.4%53.9%53.5%53.2%52.9%-

Each all-in is modeled for the smaller of the two stacks (the chips actually changing hands). Cells in orange need real equity, not a coin flip, to call profitably. A “-” means the all-in can't change that player's payout (a busted stack, or prizes that don't depend on it).

The bubble factor formula

Bubble factor compares what an all-in does to your tournament equity, not your chips:

bubble factor = equity lost if you lose ÷ equity gained if you win

Both sides are measured in ICM dollars (or percent of the prize pool) against your equity right now. Say you have $20.00 of equity on a bubble. Doubling up would take you to $28.00, a gain of $8.00, and busting takes you to $0, a loss of $20.00. Your bubble factor in that confrontation is 20 ÷ 8 = 2.5, so a straight coin flip is a losing call: you need 2.5 ÷ 3.5 = 71% equity to break even.

That breakeven is the formula B ÷ (1 + B), which holds when the chips you risk equal the chips you can win. When pot odds are involved, start from the chip-EV breakeven p instead: the equity you need becomes B·p ÷ (B·p + 1 − p). The difference between that and p is the risk premium, the same pressure stated as extra equity rather than a ratio.

Bubble factor to risk premium converter

%From pot odds. An even double-up is 50%.
×1 means no ICM pressure.
%Extra equity needed above breakeven.

You need 60.0% equity to call, against 50.0% in chip-EV terms.required = B·p / (B·p + 1 − p) = 1.50 × 0.500 / (1.50 × 0.500 + 0.500)

Why the matrix isn't symmetric

Reading a row is asking “what does this player need to call a shove?” The same two players, read as different rows, almost never need the same number. A short stack calling a covering stack's shove is risking its entire tournament for a double-up that's worth less, per chip, than the chips it's risking - that needs real equity. The covering stack calling the short stack back is risking a much smaller fraction of its own equity for the same double-up - that's much closer to a coin flip.

This is exactly the effect a chip-EV push/fold chart can't see: two hands can look identical in isolation and require completely different equity once the payout structure and both stacks are priced in.

This calculator answers “what equity do I need” for a spot you already have. Building the instinct for which hands actually clear that bar, position by position, is what ICM practice in the app trains.

Practice ICM spots free →

Common questions

What is bubble factor in poker?
Bubble factor is the ratio between the tournament equity you'd lose by busting a confrontation and the equity you'd gain by winning it. A bubble factor of 1 means the spot is chip-EV neutral - a coin flip breaks even. Above 1, the spot is worth less than its chip count implies, so you need more than 50% equity to profitably get the chips in. The term comes from Lee Nelson, Steven Heston, and Tysen Streib's Kill Everyone.
Why is my bubble factor different from my opponent's, for the same hand?
Bubble factor isn't a property of the pot - it's a property of each player's own stack and tournament life relative to the payout structure. A short stack risking its whole tournament against a covering stack has a much higher bubble factor than the covering stack risking the same chips against the short stack, because the short stack has far more to lose relative to what it gains.
How is the required equity calculated?
From bubble factor B, the breakeven calling equity is B / (1 + B). This calculator gets B by running full ICM twice for each pair of players - once assuming hero wins the confrontation, once assuming hero loses it - and comparing both to hero's current ICM equity.
How do you convert bubble factor to risk premium?
Take the chip-EV breakeven p from the pot odds. The equity you need with bubble factor B is B·p / (B·p + 1 − p), and the risk premium is that number minus p. At an even double-up (p = 50%) a bubble factor of 1.5 needs 60% equity, a 10-point risk premium. Going the other way, B = q(1 − p) / (p(1 − q)), where q is breakeven plus the premium.

Key terms