Bitcoin Forum
May 21, 2024, 11:10:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Marketplace > Gambling > Games and rounds > Billion-dollar bracket (Warren Buffet) Odds
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Billion-dollar bracket (Warren Buffet) Odds  (Read 600 times)
emsjvh (OP)
Full Member
***
Offline Offline

Activity: 324
Merit: 100



View Profile
March 19, 2014, 12:55:25 PM
 #1
http://www.usatoday.com/story/news/nation/2014/03/16/buffett-quicken-ncaa-bracket-march-madness-billion-dollars/6410185/


Where are they coming up with the "9,223,372,036,854,775,808" number?

Also is the Binomial Probability Formula suited for determining this outcome? (I'd assume for general computation yes however I believe certain games percentages may vary an extreme amount which would lead me to believe you should be using something else)


http://fivethirtyeight.com/datalab/we-have-a-1-in-6001225228-chance-of-winning-buffetts-billion/



tl;dr : No one is going to win the 64 bracket or Buffet's money...
Pages: [1]
  Print  
Bitcoin Forum > Economy > Marketplace > Gambling > Games and rounds > Billion-dollar bracket (Warren Buffet) Odds
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!