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Warren Buffett doesn’t owe anybody $1B

Warren Buffett doesn’t owe anybody $1B

A second day of upsets ended any chance of someone having a perfect NCAA tournament bracket in Warren Buffet’s $1 billion challenge. It was a favourite that provided the first blemish on the final three people’s brackets in the Quicken Loans contest on the Yahoo Sports website.

Billionaire Warren Buffett couldn’t have picked a better year to sponsor such a contest. Five double-digit seeded teams have won games with four games remaining in the second round.

Even without a particularly mad March, the odds of picking all 63 games correctly are long. The chances of doing so was tabulated by a DePaul University math professor to be one-in-9.2 quintillion.

The prospect of someone taking home the billion dollar prize took a big hit after the very first game of the tournament. About 84 percent of contestants incorrectly picked Ohio State to beat Dayton in the opener.

The biggest upset, by far, was Mercer’s win over Duke. Over 97 percent of contestants picked the Blue Devils.

While the billion dollar dream is over, the top-20 brackets will receive $100,000.


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