Saturday, March 22, 2014

"Odds of a Perfect NCAA Basketball Bracket"

You had to be in it to win it -- but by late Friday, none of the 8.7 million entrants were still in the running to win Warren Buffett's $1 billion NCAA basketball challenge. Two days in, Mercer's win over Duke Friday was a big upset that shattered the chances of many participants in Warren Buffett’s NCAA Tournament Bracket Challenge vying for the grand prize.

As ABC News previously reported, the odds of guessing a perfect bracket were estimated by one mathematician to be 1 in 128 billion (and that’s if you know something about basketball). In the same YouTube video, DePaul University's Jeff Bergen explained that there were more than 9 quintillion ways to fill in a bracket."

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