Re: [gatortalk] FW: [gatornews] A contest for you pick /em geniuses

There are 63 games played with one winner and 2 teams each, so, 2^63 possibilities, which is a huge number.  Buffett's money is pretty safe!

Sent from Gator Goddess' iPad

On Jan 21, 2014, at 2:47 PM, "Jerry D. Belloit" <belloit@clarion.edu> wrote:

I wonder how many times you can enter?  If I can have enough chances, I could win!  I actually started to compute how many possibilities there were and it quickly gave me a headache.  If you limited it to the top four seeds in four regions, I believe that there are 331,776 possibilities if my math is correct.  (and with my head still hurting, we need to have Stacey check my math.)

Jerry

From: Stephen Manuel <srmanuel@bellsouth.net>
Reply-To: GatorTalk <Gatortalk@googlegroups.com>
Date: Tuesday, January 21, 2014 at 4:50 PM
To: GatorTalk <Gatortalk@googlegroups.com>
Subject: RE: [gatortalk] FW: [gatornews] A contest for you pick /em geniuses

Predicting all the games in the NCAA tournament correctly has never been done in any contest I've heard of.

 

I'm not a math whiz but it would be interesting to see how many combinations exist if you only included the top 2 or 3 seeds in each region and entered all of them.

 

You would stand a real chance to win I don't remember the last time someone outside of a top 3 seed won the entire tournament…but I'm sure that it's not possible to have that many entries.

 

I think UF was  a #3 and #1 seed their 2 years…..

 

 

Stephen Manuel

 

From: gatortalk@googlegroups.com [mailto:gatortalk@googlegroups.com] On Behalf Of Oliver Barry
Sent: Tuesday, January 21, 2014 3:59 PM
To: gatortalk@googlegroups.com
Subject: [gatortalk] FW: [gatornews] A contest for you pick /em geniuses

 

What a rip!!  I want the full $1billion in one installment or I'm not playing.

 

Oliver Barry, CRS, GRI

Bob Parks Realty, LLC

REO Department

145 Maple Row Blvd

Hendersonville TN 37075

Phone: 615-826-4040

Mobile: 615-972-4239

barryo@realtracs.com

 

From:gatornews@googlegroups.com [mailto:gatornews@googlegroups.com] On Behalf Of Helen Huntley
Sent: Tuesday, January 21, 2014 1:35 PM
To: gatornews@googlegroups.com
Subject: [gatornews] A contest for you pick /em geniuses

 

Win $1 Billion Backed By Buffett By Guessing NCAA Basketball Winners

JANUARY 21, 2014 • BLOOMBERG NEWS

Warren Buffett's Berkshire Hathaway Inc. is backing a $1 billion prize offered by Quicken Loans Inc. if a contestant predicts the winner of each game in the National Collegiate Athletic Association's men's basketball tournament.

The prize will be paid in 40 annual installments of $25 million and split among multiple winners if there is more than one perfect entrant, the Detroit-based lender said today in a statement distributed by PR Newswire. The winner also has the option of a single payment of $500 million.

Berkshire has specialized in unusual insurance risks for decades, protecting clients against big losses in return for premium payments. The Omaha, Nebraska-based company won a bet in 2010 on the World Cup after France was eliminated from the tournament in South Africa. Berkshire has previously guaranteed against the potential payout of $1 billion in a contest sponsored by PepsiCo Inc.

"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?" Quicken Loans Chief Marketing Officer Jay Farner said in the statement. "We decided a billion dollars seems right for such an impressive feat."

The 68-team team tournament begins in March. Submissions will be limited to one per household and capped at 10 million entrants, according to the statement.
 

--

Helen Huntley

(727) 823-3801

www.helenhuntley.com

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