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Old 01-21-2014, 02:35 PM   #1
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Default Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Warren Buffett Will Give You $1 Billion If You Fill Out A Perfect 'March Madness' Bracket

Business Insider- Warren Buffett’s Berkshire Hathaway and Dan Gilbert’s Quicken Loans are parnering to award anyone who fills out a perfect 2014 Men’s NCAA Tournament bracket with $1 billion. The prize will be paid out in 40 annual installments of $25 million. If there’s more than one winner they’ll have to share. The winner or winners can also take or split up an immediate $500 million lump sum payment.

“It is our mission to create amazing experiences for our clients. This contest, with the possibility of creating a billionaire, definitely fits that bill,” Jay Farner, President and Chief Marketing Officer of Quicken Loans said in a statement. He added: ”We’ve seen a lot of contests offering a million dollars for putting together a good bracket, which got us thinking, what is the perfect bracket worth? We decided a billion dollars seems right for such an impressive feat.



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Old 01-21-2014, 02:39 PM   #2
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Default Re: Warren Buffett Offering $1 Million for a Perfect March Madness Bracket

I don't believe anyone's ever had the perfect bracket. Would be quite the feat.
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Old 01-21-2014, 02:43 PM   #3
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Default Re: Warren Buffett Offering $1 Million for a Perfect March Madness Bracket

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Originally Posted by usc1 View Post
I don't believe anyone's ever had the perfect bracket. Would be quite the feat.
For 1 billion I'm willing to try.
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Old 01-21-2014, 02:44 PM   #4
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

When I win, I will give $1000 to every person that posts in this thread by Feb 1.
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Old 01-21-2014, 02:48 PM   #5
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

FWIW, there are 4.3 BILLION permutations of a 64 team tourney, not including the play in games....
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Old 01-21-2014, 03:00 PM   #6
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

I'm down
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Old 01-21-2014, 03:01 PM   #7
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Originally Posted by etowngangsta View Post
When I win, I will give $1000 to every person that posts in this thread by Feb 1.
deal
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Old 01-21-2014, 03:08 PM   #8
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Perfect brackets happen every year.

Imma fill out like, 254 of them.
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Old 01-21-2014, 03:11 PM   #9
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Originally Posted by usc1 View Post
I don't believe anyone's ever had the perfect bracket. Would be quite the feat.
Pretty sure it's happened before
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Old 01-21-2014, 03:13 PM   #10
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Originally Posted by etowngangsta View Post
When I win, I will give $1000 to every person that posts in this thread by Feb 1.
I'm in!
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Old 01-21-2014, 03:15 PM   #11
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Quote:
Originally Posted by Lonnie View Post
FWIW, there are 4.3 BILLION permutations of a 64 team tourney, not including the play in games....
how many of those 4.3 billion are 16 seeds winning games though?
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Old 01-21-2014, 03:18 PM   #12
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

I always try, usually miss the 1st game.
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Old 01-21-2014, 03:23 PM   #13
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Quote:
Originally Posted by Acockolypse Now View Post
Perfect brackets happen every year.

Imma fill out like, 254 of them.
For $1 billion, you've got to think someone will compute all the possibilities and fill out one for each possibility, including the exact scores.
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Old 01-21-2014, 03:23 PM   #14
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Originally Posted by usc90grad View Post
Pretty sure it's happened before
Nope, no documented cases ever. There was a kid a few years ago who picked really close and he did it based on team colors.
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Old 01-21-2014, 04:18 PM   #15
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Quote:
Originally Posted by 803scdantes View Post
For $1 billion, you've got to think someone will compute all the possibilities and fill out one for each possibility, including the exact scores.
Well, maybe they're smart enough to put a limit on entries.
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Old 01-21-2014, 04:28 PM   #16
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Actually the odds are 1 in 9,223,372,036,854,775,808 or 2 to the 63rd power for the final 64 teams (63 games). Also, if you take away the 16 seeds chance of winning it's 1 in 57,646,075,200,000,000.

The first number came from http://www.usatoday.com/story/gameon...llion/1999795/

My calculator doesn't display that many digits.
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Old 01-21-2014, 04:35 PM   #17
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Might as well give it a full-court heave
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Old 01-21-2014, 04:35 PM   #18
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Let's say it takes you 30 seconds to complete and enter a bracket. Then, you only need 548,008,168,200 years to finish if you assume the 16 seeds all lose.
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Old 01-21-2014, 04:36 PM   #19
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Quote:
Originally Posted by etowngangsta View Post
When I win, I will give $1000 to every person that posts in this thread by Feb 1.
Just 1,000? Come on that would be what a penny to you if you were a billionaire. Maybe half a penny.
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Old 01-21-2014, 04:43 PM   #20
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

have to get in on this
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