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Started By
Message
To hell with the Billion Dollar Challenge - just hit on a 32-team parlay instead
Posted on 3/19/14 at 7:18 pm
Posted on 3/19/14 at 7:18 pm
I was bored this evening so I used an exponential regression on the true odds for parlay payouts to determine how many you would have to hit on a $1 bet to win at least a billion dollars. Using standard -110 odds, you would need to hit a 32-team parlay to win $1,640,768,042. A 31-team bet would only net you $840,904,152.
This thing is literally impossible, but let's go Shockers!!
:inb4nerd:
This thing is literally impossible, but let's go Shockers!!
:inb4nerd:
6
Posted on 3/19/14 at 7:20 pm to slackster
quote:
so I used an exponential regression
Posted on 3/19/14 at 7:20 pm to slackster
quote:
This thing is literally impossible,
No, no it's not.
Posted on 3/19/14 at 7:21 pm to slackster
fricking engineers
this is why I'm in sales
this is why I'm in sales
Posted on 3/19/14 at 7:21 pm to slackster
quote:
I used an exponential regression on the true odds
I am expecting to see the results, as well as the SAS code.
Maybe a literature cited as well
Posted on 3/19/14 at 7:22 pm to slackster
Your scenario is even more ridiculous because it includes spreads, not just winning the games straight up. Though, as Kosmo says, the billion bracket is a bunch more games.
This post was edited on 3/19/14 at 7:24 pm
Posted on 3/19/14 at 7:22 pm to slackster
Well one needs to hit a 67-team parlay to win this one so.
Posted on 3/19/14 at 7:23 pm to Bunk Moreland
quote:
You're scenario is even more ridiculous because it includes spreads, not just winning the games straight up.
You can parlay game winners
Posted on 3/19/14 at 7:24 pm to KosmoCramer
The tournament pickem is equivalent to winning 63 straight money line bets. The OP is winning 32-straight parlays against the spread. No one is doing either 
Posted on 3/19/14 at 7:30 pm to Tiger the Hutt
Well perhaps literally was a bad word choice. Perhaps "practically" would have been better.
Posted on 3/19/14 at 7:32 pm to slackster
Actually, it's more like 1 in 576,460,752,303,423,488.
come at me bro
come at me bro
Posted on 3/19/14 at 7:45 pm to KosmoCramer
No hoverhands there.
Warren Buffett = Alpha.
Warren Buffett = Alpha.
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