Poker term
Chop
An agreement among the last players in a tournament to split the remaining prize money instead of playing it out, usually by chip count (ICM chop) or evenly. Also a split pot when hands tie.
Frequently asked questions
What is a chop in poker?
An agreement among the remaining players to split the prize pool rather than play it out. Common at final tables, especially late at night.
Are chops allowed?
In most live rooms yes, with the floor supervising and usually a trophy or title still played for. Some events and most televised finals forbid them. Always ask the tournament director before negotiating.
How is a chop calculated?
Usually by chip count or by ICM. A straight chip chop divides by chips held; an ICM chop values each stack by its share of the remaining prize money, which is fairer to short stacks.