Chips aren't cash

'Chips aren't cash' (NLH tournaments, G0): Chip EV ≠ dollar EV near jumps; name your role (short/medium/big) before you act.

Doubling your chips does not double your expected payout. That's why desperate all-ins and soft calls near the money need a second thought.

After the bubble bursts, play resumes toward accumulation again — but final table ICM returns. Awareness > autopilot.