Win a $Billion.

RickC Sniper · 01-21-14, 09:26 PM

Seriously!

http://www.nbcnews.com/business/win-...ner-2D11967842

"Warren Buffett will pay $1 billion for anyone who picks every winner of the March Madness basketball tournament."

ReallyDedPoet · 01-21-14, 09:27 PM

What are the odds of winning? Thought I heard them earlier on a sports network but can't remember.

RickC Sniper · 01-21-14, 09:31 PM

The odds of filling out a perfect bracket are a staggering 1 in 9.2 quintillion.

Do ya feel lucky?

soopaman2 · 01-21-14, 09:35 PM

That is mastering the entire bracket? That is hard, I been picking brackets for 25 years, and never mastered it.

I would usually hope for 1000 people to win it just the screw the rich guy, But Warren is a good guy. I got alot of respect for him and his contributions to the people of America, more businessmen should be like him.

Maybe 3 people will win, out of 100k, it is that hard.

(edit missed the odds posted above, thanks Rick)

ReallyDedPoet · 01-21-14, 09:36 PM

Quote:

Originally Posted by RickC Sniper

The odds of filling out a perfect bracket are a staggering 1 in 9.2 quintillion.

Do ya feel lucky?

RickC Sniper · 01-21-14, 09:44 PM

Quote:

Originally Posted by reallydedpoet

LOL,

I never dreamed the odds would be that bad either.

But hey, the best 20 brackets win 100K so go for it!

Wolferz · 01-21-14, 10:03 PM

You'd stand a better chance of getting hit by a purple meteor.

Wolferz · 01-22-14, 12:03 PM

I wonder if ol' Doc Brown still has that DeLorean?

vienna · 01-22-14, 12:58 PM

I heard on the radio news (yes, I'm one of the few who still listen to regular radio) that the odds were calculated based on the participants being holders of advanced degrees in mathematics and/or the sciences. If that is true, the odds for regular old Joes like ourselves reach the realm of finding the full value of Pi. It would be a bit of a giggle if some soul just picked choices at random and walked away with the lot...

<O>

Wolferz · 01-23-14, 10:05 AM

Sod off!
This one's mine.

I think I could live comfortably on $25,000,000.00 a year.

the_tyrant · 01-23-14, 10:34 AM

I actually think this is smarter than you might think

Ever seen the movie Moneyball? Ever heard of Sabermetrics?

The statistical study of Baseball has completely changed the face of the sport, and arguably, saved teams more than 1 billion dollars.

Basketball is traditionally easier to predict (favored teams win a higher percentage of the time than in baseball or football). And we see gamblers out there who have distilled down formulas for this stuff.

Remember, the odds of a random guy getting it all right is so low, its negligible.

Thus whoever gets it right much have a technique, a formula. Buffett is just spending 1 billion trying to buy it.

Admiral Halsey · 01-23-14, 10:38 AM

Quote:

Originally Posted by RickC Sniper

The odds of filling out a perfect bracket are a staggering 1 in 9.2 quintillion.

Do ya feel lucky?

01-21-14, 09:26 PM	#1
RickC Sniper Undetectable Join Date: Sep 1999 Location: Colorado Posts: 1,221 Downloads: 132 Uploads: 0	Win a $Billion. Seriously! http://www.nbcnews.com/business/win-...ner-2D11967842 "Warren Buffett will pay $1 billion for anyone who picks every winner of the March Madness basketball tournament."

01-21-14, 09:27 PM	#2
ReallyDedPoet Canadian Wolf Join Date: Jul 2006 Location: Canada. The one and only, East Coast Posts: 10,884 Downloads: 946 Uploads: 5	What are the odds of winning? Thought I heard them earlier on a sports network but can't remember. __________________ Back in the Day

01-21-14, 09:35 PM	#4
soopaman2 Der Alte Join Date: Sep 2011 Location: New Jersey, USA Posts: 3,316 Downloads: 61 Uploads: 0	That is mastering the entire bracket? That is hard, I been picking brackets for 25 years, and never mastered it. I would usually hope for 1000 people to win it just the screw the rich guy, But Warren is a good guy. I got alot of respect for him and his contributions to the people of America, more businessmen should be like him. Maybe 3 people will win, out of 100k, it is that hard. (edit missed the odds posted above, thanks Rick) __________________ If Hitler invaded Hell I would make at least a favourable reference to the devil in the House of Commons. -Winston Churchill- The most fascinating man in the world.

01-21-14, 10:03 PM	#7
Wolferz Navy Seal Join Date: May 2007 Location: On a mighty quest for the Stick of Truth Posts: 5,963 Downloads: 52 Uploads: 0	You'd stand a better chance of getting hit by a purple meteor. __________________ Tomorrow never comes

01-22-14, 12:03 PM	#8
Wolferz Navy Seal Join Date: May 2007 Location: On a mighty quest for the Stick of Truth Posts: 5,963 Downloads: 52 Uploads: 0	I wonder if ol' Doc Brown still has that DeLorean? __________________ Tomorrow never comes

01-21-14, 09:31 PM	#3
RickC Sniper Undetectable Join Date: Sep 1999 Location: Colorado Posts: 1,221 Downloads: 132 Uploads: 0	The odds of filling out a perfect bracket are a staggering 1 in 9.2 quintillion. Do ya feel lucky?

01-22-14, 12:58 PM	#9
vienna Navy Seal Join Date: Jun 2005 Location: Anywhere but the here & now... Posts: 7,711 Downloads: 85 Uploads: 0	I heard on the radio news (yes, I'm one of the few who still listen to regular radio) that the odds were calculated based on the participants being holders of advanced degrees in mathematics and/or the sciences. If that is true, the odds for regular old Joes like ourselves reach the realm of finding the full value of Pi. It would be a bit of a giggle if some soul just picked choices at random and walked away with the lot... <O> __________________ __________________________________________________ __

01-23-14, 10:05 AM	#10
Wolferz Navy Seal Join Date: May 2007 Location: On a mighty quest for the Stick of Truth Posts: 5,963 Downloads: 52 Uploads: 0	Sod off! This one's mine. I think I could live comfortably on $25,000,000.00 a year. __________________ Tomorrow never comes

01-23-14, 10:34 AM	#11
the_tyrant Admiral Join Date: Jun 2010 Location: Canada Posts: 2,272 Downloads: 58 Uploads: 0	I actually think this is smarter than you might think Ever seen the movie Moneyball? Ever heard of Sabermetrics? The statistical study of Baseball has completely changed the face of the sport, and arguably, saved teams more than 1 billion dollars. Basketball is traditionally easier to predict (favored teams win a higher percentage of the time than in baseball or football). And we see gamblers out there who have distilled down formulas for this stuff. Remember, the odds of a random guy getting it all right is so low, its negligible. Thus whoever gets it right much have a technique, a formula. Buffett is just spending 1 billion trying to buy it. __________________ My own open source project on Sourceforge OTP.net KGB grade encryption for the rest of us