Poker

Poker Quiz #3: Incorporating New Information

April 3, 2025 by
In poker, being able to update your assessment of a situation based on new information is vital. For example, in a game of Texas Hold’em, having a good understanding of what your opponent would do with different hands on the flop in can help your decision-making on the turn. If...
Poker Tournament Tips for New Players
Poker

Poker Tournament Tips for New Players

February 7, 2019 by
In anticipation of Susquehanna’s annual firm-wide No Limit Texas Hold’em Poker Tournament, we asked some of our experienced poker players what advice they would give to new players. Here are their answers: Blinds Don’t underestimate the importance of picking up the blinds. When it is folded to you in late...
Poker

Poker Quiz #2: Base Rates and Combinations

November 30, 2017 by
The use of base rates comes up often in poker, and can be useful when making decisions to fold, call, or raise. Most poker games involve hidden cards, but this does not mean we have to blindly guess what these cards might be. By using knowledge of the distribution of...
Poker

Poker Quiz #1: Expected Value

July 19, 2017 by
The idea of expected value is one that comes up often in poker and trading discussions. Expected value is the sum of the probability of each possible event times that event’s payoff. For example, if you were to flip a fair coin where you got paid $2 for heads and lost...
Poker

What are they Thinking?

April 19, 2016 by
Recently in Susquehanna’s training class, there was a hand of 7 Card Stud/8-or-Better that had an interesting play worth discussing. This is a high/low game, where the best 5-card poker hand out of 7 cards wins half the pot, and the best low hand (that has no card higher than...