Warren Buffett buffeted at the poker table
It took less than 45 minutes for Warren Buffett, billionaire investor and avid bridge player, to go broke in a charity poker tournament.
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Casino poker language:
- MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
- LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
- FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
- SMALL BLIND - In games with two blinds the first blind is the SMALL BLIND because it is usually one-half (or less) the second or large blind.
- STEAM - Playing wildly, calling and raising a lot, because one is upset. Compare: ON TILT.
- THIRD STREET - In Stud, the third card dealt to each player.
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