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(Business Insider)   Warren Buffet will give the person who fills out a perfect NCAA bracket this year A BILLION DAMN DOLLARS   (businessinsider.com ) divider line
    More: Cool, March Madness, NCAA, Warren Buffett, Quicken Loans, brackets, Cleveland Cavaliers  
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2850 clicks; posted to Sports » on 21 Jan 2014 at 1:30 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



64 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | » | Newest | Show all

 
2014-01-21 01:27:41 PM  

FARK Madness? O U Mad


wac.450f.edgecastcdn.net

 
2014-01-21 01:42:35 PM  
Meh, we were doing this 14 years ago at sandbox.com.
 
2014-01-21 01:47:21 PM  
This is pretty good marketing for Quicken.  As the article mentions, the odds of actually having to pay out are something like a billion times less likely than a particular Powerball ticket winning the jackpot.  However, the $1 billion number will get all kinds of attention.

Also, looking at the press release announcing this,

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.

So no stuffing the ballot box, so to speak.
 
2014-01-21 01:56:44 PM  

wxboy: So no stuffing the ballot box, so to speak.


Damn, so I can't enter 9.2 quintillion times?
 
2014-01-21 02:02:23 PM  
The odds are miss-stated as the odds of selecting each matchup are not the same.
 
2014-01-21 02:05:16 PM  
Now watch this be the second year with all four #1 seeds advancing.
 
2014-01-21 02:08:42 PM  
I'm going to lose my shiat if somebody wins and they based their picks on team names and/or colors.
 
2014-01-21 02:12:00 PM  
This is Marge.  Marge will fill out her bracket because "it seems like some fun" and will pick her teams based on logo or by some off chance she saw her nephew wearing a sweatshirt with the team on it. Get to know Marge, because Marge is going to win this whole damn thing.

upload.wikimedia.org
 
2014-01-21 02:18:14 PM  
Finally, my time machine will pay off.

/As soon as I invent it.
//Which can be whenever.
///Because, you know, time travel.
 
2014-01-21 02:26:32 PM  

Cybernetic: Finally, my time machine will pay off.

/As soon as I invent it.
//Which can be whenever.
///Because, you know, time travel.


Of course, to fund your time machine, you need the $$$, which you can't get without the time machine...
 
2014-01-21 02:30:06 PM  

swankywanky: This is Marge.  Marge will fill out her bracket because "it seems like some fun" and will pick her teams based on logo or by some off chance she saw her nephew wearing a sweatshirt with the team on it. Get to know Marge, because Marge is going to win this whole damn thing.

[upload.wikimedia.org image 850x568]



Hopefully Marge can buy some better clothes after she wins.

/And a boob lift.
 
2014-01-21 02:30:09 PM  

wxboy: Cybernetic: Finally, my time machine will pay off.

/As soon as I invent it.
//Which can be whenever.
///Because, you know, time travel.

Of course, to fund your time machine, you need the $$$, which you can't get without the time machine...


He could try buying eggs in Malta and reselling them for a profit...
 
2014-01-21 02:30:44 PM  

wxboy: Cybernetic: Finally, my time machine will pay off.

/As soon as I invent it.
//Which can be whenever.
///Because, you know, time travel.

Of course, to fund your time machine, you need the $$$, which you can't get without the time machine...


Silly Wxboy, the rich get richer.  They already have the fortune necessary to build their time machine, this is all about ROI.
 
2014-01-21 02:33:04 PM  
Has anyone, ever? You may as well ask someone to predict a million coin flips perfectly.
 
2014-01-21 02:34:52 PM  
I know nothing about college basketball and I've never filled out one of these things so I'm the stereotypical nincompoop winner. Where do I sign up?
 
2014-01-21 02:36:45 PM  

Cybernetic: Finally, my time machine will pay off.

/As soon as I invent it.
//Which can be whenever.
///Because, you know, time travel.


Get back to waxing my car, Biff.
 
2014-01-21 02:39:47 PM  
Psssh, easy peasy. Wait, what's that?

You have to pick the play-in games, too? Well now we're farked.

/let's do the math. if each game were a coin flip, your odds are 1 in 145 billion billion
//if you're basketball smart and have a 2-in-3 chance on each game, your odds are 1 in 628 billion
///if you're a genius and have an 80% chance on each game, your odds are 1 in 3.1 million
/\/if you're psychic and have a 90% chance on each game, you still have only 1 in 1163 odds, and why aren't you putting a million dollars on each game individually?
 
2014-01-21 02:40:08 PM  

dj_spanmaster: Has anyone, ever? You may as well ask someone to predict a million coin flips perfectly.


I wonder how far anyone has ever lasted. MAYBE the entire first four days?
 
2014-01-21 02:41:20 PM  
Oh that is so mine.
 
2014-01-21 02:42:12 PM  

Cybernetic: Finally, my time machine will pay off.

/As soon as I invent it.
//Which can be whenever.
///Because, you know, time travel.


3.bp.blogspot.com
One of the things that annoyed me was how Doc Brown is talking about gambling in the first movie, and then all of a sudden in part 2 he's super moralizing against it. Hell, Doc had a goddamn gun in the first movie. He lost his edge in part 2, he wussed out.
 
2014-01-21 02:43:34 PM  

RminusQ: Psssh, easy peasy. Wait, what's that?

You have to pick the play-in games, too? Well now we're farked.

/let's do the math. if each game were a coin flip, your odds are 1 in 145 billion billion
//if you're basketball smart and have a 2-in-3 chance on each game, your odds are 1 in 628 billion
///if you're a genius and have an 80% chance on each game, your odds are 1 in 3.1 million
/\/if you're psychic and have a 90% chance on each game, you still have only 1 in 1163 odds, and why aren't you putting a million dollars on each game individually?


i.telegraph.co.uk
 
2014-01-21 02:44:56 PM  

Etchy333: wxboy: So no stuffing the ballot box, so to speak.

Damn, so I can't enter 9.2 quintillion times?


up-ship.com

Did you want to borrow my pajamas?
 
2014-01-21 02:47:16 PM  
Imagine if you had a perfect bracket right up to the final game, and your pick in that game lost by 1 point.
 
2014-01-21 02:47:28 PM  

dj_spanmaster: Has anyone, ever? You may as well ask someone to predict a million coin flips perfectly.


A girl I knew in high school, sort of a friend, sort of a compulsive liar, claimed her brother had a perfect bracket. But she was full of shiat. In the last four years that I've tracked it, no one on ESPN or Yahoo has survived the first Friday, with two contestants going as far as 29-0 in 2011.
 
2014-01-21 02:50:54 PM  

wxboy: Imagine if you had a perfect bracket right up to the final game, and your pick in that game lost by 1 point.


You could hedge, what's the limit on a single sports bet in Vegas?
 
2014-01-21 02:52:17 PM  

RealXavori: He could try buying eggs in Malta and reselling them for a profit...


I don't understand why you buy eggs at seven cents a piece in Malta and sell them for five cents
 
2014-01-21 02:58:43 PM  

The_Sponge: I'm going to lose my shiat if somebody wins and they based their picks on team names and/or colors.


swankywanky: This is Marge.  Marge will fill out her bracket because "it seems like some fun" and will pick her teams based on logo or by some off chance she saw her nephew wearing a sweatshirt with the team on it. Get to know Marge, because Marge is going to win this whole damn thing.

[upload.wikimedia.org image 850x568]


I laughed at the timing of these. You better not welsh when I win, Buffet.
 
2014-01-21 03:02:39 PM  

swankywanky: This is Marge.  Marge will fill out her bracket because "it seems like some fun" and will pick her teams based on logo or by some off chance she saw her nephew wearing a sweatshirt with the team on it. Get to know Marge, because Marge is going to win this whole damn thing.

[upload.wikimedia.org image 850x568]


She rolls with Phil's Mom.
 
2014-01-21 03:05:10 PM  

thisisyourbrainonFark: The_Sponge: I'm going to lose my shiat if somebody wins and they based their picks on team names and/or colors.

swankywanky: This is Marge.  Marge will fill out her bracket because "it seems like some fun" and will pick her teams based on logo or by some off chance she saw her nephew wearing a sweatshirt with the team on it. Get to know Marge, because Marge is going to win this whole damn thing.

[upload.wikimedia.org image 850x568]

I laughed at the timing of these. You better not welsh when I win, Buffet.


He won't, he will have spent a few thousand dollars on insurance.

Also, it is only really a half billion dollars.
 
2014-01-21 03:05:31 PM  

The_Sponge: swankywanky: This is Marge.  Marge will fill out her bracket because "it seems like some fun" and will pick her teams based on logo or by some off chance she saw her nephew wearing a sweatshirt with the team on it. Get to know Marge, because Marge is going to win this whole damn thing.

[upload.wikimedia.org image 850x568]


Hopefully Marge can buy some better clothes after she wins.

/And a boob lift.


on the upside you can lick clitty and motorboat her at the same time.
 
2014-01-21 03:12:28 PM  

dywed88: I laughed at the timing of these. You better not welsh when I win, Buffet.

He won't, he will have spent a few thousand dollars on insurance.


You misunderstood the article. He IS the insurance, for Quicken Loans.
 
2014-01-21 03:17:54 PM  

dywed88: thisisyourbrainonFark: The_Sponge: I'm going to lose my shiat if somebody wins and they based their picks on team names and/or colors.

swankywanky: This is Marge.  Marge will fill out her bracket because "it seems like some fun" and will pick her teams based on logo or by some off chance she saw her nephew wearing a sweatshirt with the team on it. Get to know Marge, because Marge is going to win this whole damn thing.

[upload.wikimedia.org image 850x568]

I laughed at the timing of these. You better not welsh when I win, Buffet.

He won't, he will have spent a few thousand dollars on insurance.

Also, it is only really a half billion dollars.


Yeah, only.
 
2014-01-21 03:18:36 PM  
You Warren, how's about you just wire me $32,000 so I can payoff student loans and become a productive member of society...I'll even name my next dog after you.
 
2014-01-21 03:24:16 PM  
Wait, so I dont have to finish ,y giant moon laser on order to hold the world hostage for a billion?
 
2014-01-21 03:39:03 PM  
The odds are not ideal - a 1 in 9.2 quintillion chance.

so you are saying I have a chance?
 
2014-01-21 03:39:16 PM  
It's rather easy for Mr. Buffet to make this wager now that Sylvia Browne is dead.
 
2014-01-21 03:41:13 PM  
So maybe I just pick 2 key players on each team to "work" with me.  Even if I pay those players $1 million each that still leaves me with roughly $350 million after taxes.  Plenty of money to hire the best lawyers and maybe pay off a judge or two to avoid jail for fixing games.
 
2014-01-21 03:43:00 PM  
There are no documented cases of anyone ever filling out a perfect bracket. And it might not happen for a long, long time. According to DePaul math professor Jeff Bergen, the odds of someone without any basketball knowledge randomly  picking teams and filling out a perfect bracket are 9.2 quintillion to one. If you have some basketball knowledge the odds are still not in your favor - 128 billion to one.

The ESPN 2005 winner got 55/63 right.
 
2014-01-21 03:46:55 PM  

WhiskeySticks: You Warren, how's about you just wire me $32,000 so I can payoff student loans and become a productive member of society...I'll even name my next dog after you.



I can beat that:

$27,000, and I will name my cat after you.
 
2014-01-21 03:51:02 PM  

SlothB77: There are no documented cases of anyone ever filling out a perfect bracket. And it might not happen for a long, long time. According to DePaul math professor Jeff Bergen, the odds of someone without any basketball knowledge randomly  picking teams and filling out a perfect bracket are 9.2 quintillion to one. If you have some basketball knowledge the odds are still not in your favor - 128 billion to one.

The ESPN 2005 winner got 55/63 right.


I argue this makes it more difficult. Goddamnitsomuch.
 
2014-01-21 03:58:19 PM  

The_Sponge: WhiskeySticks: You Warren, how's about you just wire me $32,000 so I can payoff student loans and become a productive member of society...I'll even name my next dog after you.


I can beat that:

$27,000, and I will name my cat after you.


$25,000 and I will name my next alt after you.
 
2014-01-21 04:08:08 PM  

RminusQ: dj_spanmaster: Has anyone, ever? You may as well ask someone to predict a million coin flips perfectly.

A girl I knew in high school, sort of a friend, sort of a compulsive liar, claimed her brother had a perfect bracket. But she was full of shiat. In the last four years that I've tracked it, no one on ESPN or Yahoo has survived the first Friday, with two contestants going as far as 29-0 in 2011.


A kid on CBSSports.com made it through the first weekend in 2010, but crashed pretty hard in the second weekend.

http://espn.go.com/blog/collegebasketballnation/post/_/id/8632/autis ti c-teen-picks-perfect-bracket
 
2014-01-21 04:17:24 PM  

Guelph35: RminusQ: dj_spanmaster: Has anyone, ever? You may as well ask someone to predict a million coin flips perfectly.

A girl I knew in high school, sort of a friend, sort of a compulsive liar, claimed her brother had a perfect bracket. But she was full of shiat. In the last four years that I've tracked it, no one on ESPN or Yahoo has survived the first Friday, with two contestants going as far as 29-0 in 2011.

A kid on CBSSports.com made it through the first weekend in 2010, but crashed pretty hard in the second weekend.

http://espn.go.com/blog/collegebasketballnation/post/_/id/8632/autis ti c-teen-picks-perfect-bracket


Holy fark. I don't care how badly he crashed in the second week... a perfect first weekend is pretty much inconceivable to me.
 
2014-01-21 04:26:04 PM  
I've picked an entire region correctly....Once. In 20+ years of filling out brackets. I don't think I've ever made it through the first Thursday with a perfect overall bracket, though...
 
2014-01-21 04:27:39 PM  
i have watched both Primer, and Safety Not Guaranteed, so i have faith my time machine will work and you people are dicks.
 
2014-01-21 04:36:02 PM  
This will be the year when all the teams with the prettiest colors make it to the Elite 8.

Watch for UCLA to win it all.
 
2014-01-21 04:43:00 PM  

wxboy: Imagine if you had a perfect bracket right up to the final game, and your pick in that game lost by 1 point.


Then I'd still be a multi-millionaire, because I'd borrow an asston of money, fly to Vegas and hedge the shiat out of my bet
 
2014-01-21 04:57:39 PM  
Omaha!
 
2014-01-21 05:30:40 PM  
So, How tough is it to spend half a billion paying off half the teams to lose?
 
2014-01-21 05:44:05 PM  

snowshovel: So, How tough is it to spend half a billion paying off half the teams to lose?


Probably fairly difficult, especially when that is your total prize (before taxes).

Silly Americans reporting prizes as the total of annuity payments.
 
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