Wednesday, May 15, 2013

Hedge-fund tycoon blows £850,000 during high-stakes poker game






From The Sun (UK): Banker Talal Shakerchi joined five other fat cats who each staked 500,000 euros (£424,112) for an unofficial game at the European Poker Tour in Monaco last weekend.  The 49-year-old, who is worth an estimated £100million, has won more than £1million in past tournaments.

But luck was not on his side last Saturday when he lost the eye-watering amount during the high-stakes game.  Guests were said to be unaware that Shakerchi, another British amateur and four of the world's top poker players were playing for pots of one million euros (£848,225) at a time….

After losing the small fortune, Sharkerchi said to the remaining two players: “Goodbye, see you guys tomorrow.”

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