Squeezes come up relatively frequently. In most cases, declarer has one loser remaining. After a defender is squeezed, declarer takes all the remaining tricks.
In rarer cases, declarer starts with more than one loser and loses a trick after the squeeze operates. Often times these involve three-suit squeezes or squeezes without the count. At a recent regional my partner had a nice squeeze without the count that also required a nice play in the trump suit.
Click through the hand to see the play.
Benefits include:
Plus... it's free!