GTO Wizard Go to App
Back to glossary

What is Risk Premium in poker?

Risk Premium measures the extra risk you take stacking off in an MTT. It’s a measure of survival pressure and a valuable tool for understanding ICM spots. Risk premium is defined as the extra equity you'd need to call someone's shove, compared to a (chip EV) pot odds calculation.

RP = Required Equity (ICM) - Required Equity (cEV) when stacks are fully invested. Each player has a unique risk premium against every other player in a tournament.
Articles
ICM basics
When does ICM become significant in MTTs?
MTT Fundamentals: The Theory of Risk Advantage
Other terms
ICMBubble FactorTournamentAll-inMulti Table Tournament (MTT)Sit and go (SNG)BubbleFinal TableSatelliteCashingRisk AdvantageLadder
Start crushing with GTO Wizard
BACK TO GTO WIZARD