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Warren Buffett dining out on illegal sports bets?

TAGs: illegal sports betting, Warren Buffet

Has Buffett taken on more than he can chew?

Has Buffett taken on more than he can chew?

So you’ve laid a few lumpy bets on France to win the World Cup at 16/1, have suddenly remembered that Les Bleus have still got a few World Cup winners in their squad and have realised that your exposure will send you to the poorhouse if Raymond Domenech’s men triumph in South Africa. So what do you do? Check out the Forbes rich list, start from the top and see who’ll underwrite your bets, that’s what. OK, so… Bill Gates? ‘Not interested’. Right… Warren Buffett? ‘Sure, why not?’. ‘Really?’. ‘Sure, why not?’ ‘But isn’t that a breach of US anti-gambling laws?’ ‘Don’t worry about that, I’m Warren Buffett’. Read more.

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