Quicken Loans and Warren Buffett are offering 15 million people a very small chance at winning a very big prize – one billion dollars for filling out a perfect N-C-A-A men's basketball tournament bracket.
Many fans regard the N-C-double-A tournament as March Madness because of all the excitement it generates.
Every year, fans add to the madness by predicting the outcomes of all 63 games in the tournament. Buffett's new Bracket Challenge has put even more of a spotlight on March Madness.
(Interview #1)
While he may seem confident, the numbers indicate that the odds of someone filling out a perfect bracket are next to impossible.
There are two possible outcomes of every game, giving each person a one in nine quintillion chance of winning the grand prize.
Professor of Mathematics Max Warshauer says the odds are long even if you know a lot about the men's teams and how competitive they are:
(Interview #2)
(Stand-Up)
3/18/14
Jacob Payne
March Madness has arrived. Second round action of the N-C-double-A men's basketball tournament tips off tomorrow (Thursday). This year some Texas State students filled out their brackets with extra care, because they see it as a chance to get rich. Jacob Payne has the story.
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