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M-ratio in poker

Definition

Your stack divided by the total cost of one orbit (blinds plus antes), showing how many rounds you can survive without playing a hand.

M = stack / (small blind + big blind + antes). An M of 10 means you can last 10 orbits of folding. Harrington's zones suggest that M below 6 calls for push-or-fold play and M above 20 is comfortable.

M-ratio is useful in tournaments with antes, where big blinds alone understate the pressure.

Example

At 100/200 with a 25 ante and nine players, an orbit costs 100 + 200 + 225 = 525, so a 5,250 stack has an M of 10.

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