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Warren Buffet offering $1billion for anyone with a perfect NCAA Bracket

Posted on 1/21/14 at 12:04 pm
Posted by BeYou
DFW
Member since Oct 2012
6024 posts
Posted on 1/21/14 at 12:04 pm
Here is your chance to be OT rich!

You have a 1 and 9.2 quintillion chance of a perfect bracket.

LINK
This post was edited on 1/21/14 at 12:19 pm
Posted by xenythx
Member since Dec 2007
32417 posts
Posted on 1/21/14 at 12:05 pm to
I wonder how much it would take to pay off some refs and players.
Posted by bwallcubfan
Louisiana
Member since Sep 2007
38119 posts
Posted on 1/21/14 at 12:16 pm to
quote:

And by "enchiladas," I mean, $1 billion, to be "paid out in 40 annual installments of $25 million," as Wile notes.


screw that
Posted by wish i was tebow
The Golf Board
Member since Feb 2009
46121 posts
Posted on 1/21/14 at 12:17 pm to
I wonder if you could work out some lump sum kind of deal
Posted by RedElephants
Pittsburgh Steelers Fan
Member since Feb 2009
8126 posts
Posted on 1/21/14 at 12:19 pm to
quote:

screw that


ok I'll take it...
Posted by Chadaristic
Member since Jan 2011
40772 posts
Posted on 1/21/14 at 12:20 pm to
quote:

screw that


Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16900 posts
Posted on 1/21/14 at 12:21 pm to
did yall read the article?

are you can do 500m lump
Posted by LordSaintly
Member since Dec 2005
38855 posts
Posted on 1/21/14 at 12:24 pm to
quote:

You have a 1 and 9.2 quintillion chance of a perfect bracket.


No. This assumes that each team has a 50% chance of winning each of their games.

The chances are low, but it's not THAT low.
Posted by jb4
Member since Apr 2013
12640 posts
Posted on 1/21/14 at 12:24 pm to
talk about media attention if somebody had every pick correct going into the final four.
Posted by Pilot Tiger
North Carolina
Member since Nov 2005
73142 posts
Posted on 1/21/14 at 12:31 pm to
quote:

I wonder if you could work out some lump sum kind of deal
there are all kinds of firms who will buy your annuity...for cents on the dollar

Posted by Srbtiger06
Member since Apr 2006
28255 posts
Posted on 1/21/14 at 12:32 pm to
quote:

are you can do 500m lump



Is it "talk like a pirate day" already?
Posted by Pilot Tiger
North Carolina
Member since Nov 2005
73142 posts
Posted on 1/21/14 at 12:33 pm to
quote:

Warren Buffet offering $1billion for anyone with a perfect NCAA Bracket
this isn't true anyway

Warren Buffet's company is just insuring the contest
Posted by forksup
Member since Dec 2013
8817 posts
Posted on 1/21/14 at 12:36 pm to
Looks like I'm participating this year!
Posted by HoLeInOnEr05
Middle of the fairway
Member since Aug 2011
16834 posts
Posted on 1/21/14 at 1:15 pm to
I wonder what my bookie would say when I called in a $100, 000, 000 hedge bet?
Posted by bwallcubfan
Louisiana
Member since Sep 2007
38119 posts
Posted on 1/21/14 at 1:15 pm to
quote:

ok I'll take it...


yeah obviously I'm joking
Posted by LSUROCKS52
Rest in Peace
Member since Oct 2003
56 posts
Posted on 1/22/14 at 9:48 am to
quote:

No. This assumes that each team has a 50% chance of winning each of their games.

The chances are low, but it's not THAT low.


Another article says a math professor at DePaul (using stats and tournament facts) put the odds at more like 1 in 182 billion. Course thats if you know the stuff he's referring to. Still not much of a chance.
This post was edited on 1/22/14 at 9:49 am
Posted by PropofoLSU
Irwin, Idaho
Member since Aug 2013
543 posts
Posted on 1/22/14 at 10:01 am to
with like 4 million entrys last year.........after round 1 only 4 people had a perfect bracket I think.........by round 2 0
Posted by JB Bama
Tuscaloosa, AL
Member since Sep 2008
2669 posts
Posted on 1/22/14 at 10:03 am to
Just go to vegas and do a 1 dollar moneyline parlay on your 32 winners in the first round.

That should be quite the payday.

If you are greedy roll it up into a 16 game money line parlay for round 2.

You'd be doing pretty well with that.
Posted by wildtigercat93
Member since Jul 2011
112238 posts
Posted on 1/22/14 at 10:06 am to
Lump sum is for suckers
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/22/14 at 10:13 am to
quote:

Lump sum is for suckers


how so???
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