Texas Hold'em Poker using Basic Quality Tools & Techniques

Starts:  Sep 22, 2022 10:30 PM (UTC)
Ends:  Sep 23, 2022 12:00 AM (UTC)
Associated with  South Jersey Section
Please consider joining us at Adelphia Restaurant in Deptford on Thursday, September 22nd, for our first in-person section meeting of the year. Our presenter will be ASQ Fellow David Levy.

Abstract:

Basic quality tools and techniques can be used for achieving 'fame and fortune' in the world of high stakes poker. This presentation is designed to guide the participants through simple problem solving to make informed decisions using the game of Texas Hold'em Poker as the performance arena. During the presentation we will analyze several poker hands using some basic problem-solving tools such as Tree Diagram and the 5 Whys.

Problem Solving and Poker:
At each step in the process a player must make a decision based upon the limited information presented by the cards, the other players and the prior action. We will utilize a Tree Diagram to depict the decision process that is required throughout each hand. At every stage of the game players are making quick decisions based upon limited information. In most cases the problem solving is nearly spontaneous for the experienced player, however, sometimes we find ourselves in a situation where a difficult decision is required. One minute problem solving comes to our rescue. If we run through our decision tree based on the information available, we should reach an appropriate decision in under a minute.

How Texas Hold 'Em is played:

Poker is sometimes compared to chess as a game of strategy, however there is a significant difference between the two games. In chess, all the information is readily available to both players at all times (there are no hidden pieces). In poker, on the other hand, the only information a player has for making informed decisions is (1) his/her own hole cards, (2) the community cards, (3) an ability to read the other players and (4) any prior experiences with the other players. Simply: "Poker is a game of people played with cards and we use chips to keep score".

About the Speaker:
David Levy is Director of Quality and Safety for Boyce Technologies, Inc. He is an ASQ Fellow. Levy holds a Master's in Operations Management from NYU Tandon School of Engineering Polytechnic Institute and Bachelor's in Ceramic Engineering from Alfred University. He is active ASQ leadership currently serving on the Bylaws Committee and as Document Compliance Chair for the GCC. He has served as a member of ASQ's Board of Directors, as past SAC (now GCC) Chair plus numerous positions with the Tappan Zee Section for over 25 years. Levy holds 4 ASQ Certifications including CMQ/OE, CQE, CQA & CQIA. He received the ASQ/NEQC R. Shaw Goldthwait Award along with numerous Testimonials from ASQ's Board of Directors. David is an avid, amateur poker player. He has played in countless tournaments throughout the US including playing and cashing in the World Series of Poker (WSOP) Main event.