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In the Jeopardy! fan community, the episode gave rise to what is known as "Clavin's Rule" (or "pulling a Cliff Clavin"), a rule of thumb that states that a player should not wager enough to endanger a "lock" or "runaway" game (one where the first-place player has more than twice the score of the second-place player), no matter how tempting the category.
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So why not wager your own?
Philbin shouldn't bet against Buffett who has made about $32.3 billion worth of good wagers.
Supporters of the rule argue that banks should not make risky wagers while enjoying the backstop of government deposit insurance.
The lawmakers pushed the rule through Congress in 2010, arguing that banks should not make risky wagers while enjoying government deposit insurance and other federal support.
Supporters of the rule, a centerpiece of the Dodd-Frank regulatory overhaul that was passed in response to the financial crisis, argue that banks should not make risky wagers while the government guarantees their deposits.
It was the most hostile response to any provision of the Dodd-Frank financial overhaul law, which created the Volcker Rule with the notion that banks should not make risky wagers while enjoying government deposit insurance and other types of backing.
Named for Paul A. Volcker, a former chairman of the Federal Reserve who campaigned for the ban on proprietary trading, the rule is premised on the notion that banks should not make risky wagers while enjoying government deposit insurance and other federal support.
Gingrich could suffer the same fate as Cain, but I wouldn't wager on it.
It's okay to play for money in card games but don't wager too much.
Of course this young woman should not be "slut-shamed", though I'd wager this wasn't some sexually emancipated adventuress, fulfilling some hot fantasy of publicly fellating multiple strangers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com