{"id":236,"date":"2014-03-24T13:55:18","date_gmt":"2014-03-24T21:55:18","guid":{"rendered":"http:\/\/pre-production.taftcollege.edu\/tcwp\/cougaronline\/?p=236"},"modified":"2014-03-24T13:55:18","modified_gmt":"2014-03-24T21:55:18","slug":"billion-dollar-bracket-bust","status":"publish","type":"post","link":"https:\/\/archive.taftcollege.edu\/echo-online\/blog\/2014\/03\/24\/billion-dollar-bracket-bust\/","title":{"rendered":"Billion Dollar Bracket Bust"},"content":{"rendered":"<p><span style=\"font-size: medium\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.whur.com\/wp-content\/uploads\/2014\/03\/bilde.jpeg\" alt=\"\" width=\"300\" height=\"365\" \/>By Michael Clites<br \/>\n<\/span><span style=\"font-size: large\">On October 16, 2013, Warren Buffet purposed an offer that was all too good to pass up no matter the odds. One billion dollars to the person who can create a perfect NCAA Men\u2019s College Basketball &#8220;March Madness&#8221; bracket. The odds of winning this absurd amount of cash is 1 in 9.2 quintillion. Let\u2019s just say that one has better odds of winning the Powerball Lottery at 1 in 125 million chance.<br \/>\nBut to 11.01 million people, these odds meant nothing. On the tournament\u2019s first day, only 18,741 of the 11.01 million people got all 16 games right. Thus, only 0.17 percent of the people who had entered remained. For most, it was the Dayton upset over 6th ranked Ohio State that knocked them out of the bracket in the first round.<br \/>\nAnd for the 0.17 percent who had remained, it was the stellar upset of the Mercer Bears over Duke\u2019s Blue Devils which knocked them out of the run.<br \/>\nAccording to bracket statistics, 97.6 percent of contestants had picked Duke to shut down Mercer. But there is heartening news for some. Warren Buffet had also announced that there would be runner-up prizes. Twenty people will be eligible to receive $100,000 runner-up prizes for picking the tournament\u2019s top 20 most accurate &#8220;imperfect brackets.&#8221;<br \/>\nBut for 11,000,080 people, they are the unlucky ones who remain winless in this almost impossible challenge, and Mr. Buffet\u2019s money will remain in his pocket.<br \/>\nBut who knows, maybe next year the offer will be given once more, and one lucky person could redeem themselves.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Michael Clites On October 16, 2013, Warren Buffet purposed an offer that was all too good to pass up no matter the odds. One billion dollars to the person who can create a perfect NCAA Men\u2019s College Basketball &#8220;March Madness&#8221; bracket. The odds of winning this absurd amount of cash is 1 in 9.2<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-236","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/posts\/236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/comments?post=236"}],"version-history":[{"count":0,"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/posts\/236\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/media?parent=236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/categories?post=236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.taftcollege.edu\/echo-online\/wp-json\/wp\/v2\/tags?post=236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}