Interesting little story about a Wall Street firm who challenges job candidates in a poker tournament. Company reps invite candidates to play in a freeroll and evaluate them on how they play.
The dealer was Jeff Yass. As cofounder and managing director of Susquehanna, his interest was in how the players approached their bets. And he was prepared to offer jobs to those who impressed him most.
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Hi, my name is Bill Rini and this is my poker blog. I've been blogging about poker and the poker industry since around 2003-ish. Like most people I started out playing poker as entertainment in home games whenever we wanted to sit around and smoke cigars, drink beer, and eat pizza, and needed a good excuse. I started playing online shortly after the first online card rooms opened and it wasn't long before I was playing 20, 30, or even 40 hours a week or more. One day I received a phone call about a program manager position at Tiltware which was the company that consulted to Full Tilt Poker on software development and marketing. After Tiltware I spent about 2.5 years working at Party Poker where I was the poker room manager.

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Given all the similarities between poker and high finance, it was bound to happen eventually… Thanks for the link.
How did they skate around laws for prize money from Poker?
Oh that’s right, poker is about risk-assessment and odds, not gambling :)
I’m all for it, but if this was in Minnesota they could only offer a $200 total prize pool.
I think the issue is that they don’t put up any money. You can legally run a tournament where non of the participants has put up any of their own money.
Isn’t Susquehanna the firm that King Yao worked for too>
MN State Law says the bar leagues (all freerolls) are only allowed to give out up to $200.
Kinda sucks when to qualify for their “big tourney” after winning a nightly bar tourney and come to realize you’re traveling to Canterbury and playing 12 hours for a $50 gift certificate.