Buffett among high rollers in poker tourney

OMAHA (AP) - It took less than 45 minutes for Warren Buffett, the world’s second-richest man, to go broke. The billionaire investor and avid bridge player was among 50 amateur, celebrity and professional poker players who competed in a Texas Hold ‘em poker tournament for charity on Thursday night.Save

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Sat, December 9th, 2006

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Poker argot:

  • COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.
  • STUD - Any of several poker games in which some of each players' cards are exposed.
  • POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
  • BET FOR VALUE - Betting a hand that, in the long run, is expected to win more than it loses. Antonym: BLUFF.
  • SET - In Hold'em, three of a kind where two of the cards are hole cards.
  • CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
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