Bill Gates and Warren Buffet Investing $1 Million to Have Bridge Give Poker a Bad Beat
The two richest men in the world, Microsoft founder Bill Gates and investor Warren Buffet, are also big time card players. So why aren’t they challenging Phil Hellmuth and Doyle Brunson to heads-up matches, you ask? Well, actually, their passion isn’t poker, but rather bridge.
For years now, the two multi-billionaires have enjoyed the four-player card game, whose heyday was back in the 1950s.
Whereas a poker frenzy is sweeping across the United States, Gates and Buffet have not fallen in love with the game just yet, and prefer to spend their time bidding away and piling up tricks…
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Poker dictionary:
- FIXED LIMIT - A betting structure where the amount of each bet is a specific fixed quantity. Usually specified as A-B, where A is the amount to bet in the first few betting rounds and B (larger than A) is the amount bet in the later rounds. Related terms: FLAT LIMIT, NO LIMIT, POT LIMIT, SPREAD LIMIT.
- LOOSE - Playing more hands than the norm. Antonym: TIGHT.
- LATE POSITION - For a particular betting round, a player who does not have to act until most of the other players have acted.
- OFFSUIT - Not of the same suit. "I held A-Q offsuit" or "The flop was 10-6-2 offsuit". When speaking of 5 or more cards, not all/ of the same suit, i.e., no flush, as in "button had A-K-10-8-7 offsuit."
- OPEN - Make the first bet in a hand, especially in draw poker.
- UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
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