According to Brad Null, those are the odds of any one individual picking a perfect bracket – 63 for 63 – in this year’s NCAA men’s tournament. We all knew the odds were *extremely* low. But such infinitesimal odds make me much less excited about the whole notion. It’s really just a publicity stunt for Buffett (I know he doesn’t need it; but that doesn’t mean he doesn’t want it). Assuming fifteen million people participate, Null estimates that there is a one in half a million chance that someone will run the table. Click on the link above for the calculations.
Yes, there are more important things to get upset about (come to think of it, that could be the name of this blog). But I am a bit outraged, to be honest. Why not put a billion dollars down on whomever comes closest to predicting the timing when the big comet slams into the earth, knocking us out of our orbit?