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Old 01-21-2014, 02:09 PM  
Stewie Stewie is offline
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Berkshire Hathaway and Quicken to payout $1 billion for perfect NCAA bracket

Warren Buffett's Berkshire Hathaway and Dan Gilbert's Quicken Loans are partnering 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.



Read more: http://www.businessinsider.com/warre...#ixzz2r4Mfpu1k
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Old 01-21-2014, 02:14 PM   #2
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Is there a limit on the number of entries? I may have to rent a supercomputer, but I can win this.
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Old 01-21-2014, 02:16 PM   #3
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Great marketing idea.
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Old 01-21-2014, 02:16 PM   #4
Chocolate Hog Chocolate Hog is offline
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Old 01-21-2014, 02:20 PM   #5
KC_Lee KC_Lee is offline
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Quote:
Originally Posted by Rain Man View Post
Is there a limit on the number of entries? I may have to rent a supercomputer, but I can win this.
More info;

http://finance.yahoo.com/news/quicke...130000336.html

Quote:
Free registration for the 'Quicken Loans Billion Dollar Bracket' will begin on Monday, March 3rd, 2014 and runs until Wednesday, March 19th, 2014. All participants registering prior to the tournament selection process will receive their brackets the evening of Sunday, March 16, 2014 when entrants can begin filling out their bracket.

To be eligible for the $1 billion grand prize, entrants must be 21 years of age, a U.S. citizen and one of the first 10 million to register for the contest. At its sole discretion, Quicken Loans reserves the right and option to expand the entry pool to a larger number of entrants. Submissions will be limited to a total of one per household. All qualified entrants are eligible for the 20 1st prize awards of $100,000 for selecting the competition's top 20 most accurate "imperfect" brackets.
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Old 01-21-2014, 02:27 PM   #6
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In 1993 I almost accomplished this. I had EVERY single game correct until the two semis and I managed to get BOTH of those wrong. Our bracket scoring was so heavily weighted to the semis and final game that I ended up coming in 2nd in points.
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Old 01-21-2014, 02:30 PM   #7
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Quote:
Originally Posted by AustinChief View Post
In 1993 I almost accomplished this. I had EVERY single game correct until the two semis and I managed to get BOTH of those wrong. Our bracket scoring was so heavily weighted to the semis and final game that I ended up coming in 2nd in points.

****ing Refs!!! /mizzou guys
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Old 01-21-2014, 02:33 PM   #8
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Quote:
Originally Posted by AustinChief View Post
In 1993 I almost accomplished this. I had EVERY single game correct until the two semis and I managed to get BOTH of those wrong. Our bracket scoring was so heavily weighted to the semis and final game that I ended up coming in 2nd in points.
You had 12-George wash and 7- western Kentucky in the sweet 16? You picked the 2-15 upset Santa Clara over Arizona? GTFO
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Old 01-21-2014, 02:37 PM   #9
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Quote:
Originally Posted by Rain Man View Post
Is there a limit on the number of entries? I may have to rent a supercomputer, but I can win this.
Supercomputer indeed.

There are something like 10 quintillion possible brackets in any given season.
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Old 01-21-2014, 02:38 PM   #10
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You had 12-George wash and 7- western Kentucky in the sweet 16? You picked the 2-15 upset Santa Clara over Arizona? GTFO
True story! Most of my upset picks were complete random bullshit luck, I'll freely admit that. I am not claiming any skill here.
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Old 01-21-2014, 03:19 PM   #11
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I'll enter. There is zero chance of someone hitting the billion but why not shoot for the 100k?
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Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.Why Not? has just been standing around suckin' on a big ol' chili dog.
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Old 01-21-2014, 04:32 PM   #12
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Heh raw odds....

4 play in games....2 bits
32 first round.......32 bits
16 second round..16 bits
8 sweet 16..........8 bits
4 elite 8..............4 bits
2 final four..........2 bits
1 championship....1 bit

or raw odds of randomly guessing 1 in 3.68934881 x 10^19(2^65)

while I'm sure you can narrow down the odds some....still not going to happen...
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Old 01-21-2014, 06:11 PM   #13
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This should be easy. What teams are playing ?
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Old 01-21-2014, 06:19 PM   #14
cosmo20002 cosmo20002 is online now
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Quote:
Originally Posted by CrazyPhuD View Post
Heh raw odds....

4 play in games....2 bits
32 first round.......32 bits
16 second round..16 bits
8 sweet 16..........8 bits
4 elite 8..............4 bits
2 final four..........2 bits
1 championship....1 bit

or raw odds of randomly guessing 1 in 3.68934881 x 10^19(2^65)

while I'm sure you can narrow down the odds some....still not going to happen...
OK, what if you throw out the possibility of a #16 advancing?
And take out the possibility of a 15 beating a 2? I know a 15 has beaten a two (Mizzou ), but its really rare.

That should shave off a couple million combos, and then, easy money.
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Old 01-21-2014, 06:56 PM   #15
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Quote:
Originally Posted by CrazyPhuD View Post
Heh raw odds....

4 play in games....2 bits
32 first round.......32 bits
16 second round..16 bits
8 sweet 16..........8 bits
4 elite 8..............4 bits
2 final four..........2 bits
1 championship....1 bit

or raw odds of randomly guessing 1 in 3.68934881 x 10^19(2^65)

while I'm sure you can narrow down the odds some....still not going to happen...
Can't for the life of me figure out why it's 2^65 and not 2^67. Obviously, before the play in era the odds were 2^63. Isn't there 16(2^4) ways the play in games can go though?
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