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Billion dollar March madness

Topic closed. 58 replies. Last post 3 years ago by Stack47.

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Drenick1's avatar - villiarna
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Posted: March 13, 2014, 3:24 pm - IP Logged

Anyone here participating in the Billion dollar March madness contest? I think the cash value is around $400 million but I have heard the odds of getting a perfect play sheet is around 50 billion to 1.

I don't follow college basketball but I will give it a try.

    LottoMetro's avatar - Lottery-024.jpg
    Happyland
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    Posted: March 13, 2014, 3:30 pm - IP Logged

    Anyone here participating in the Billion dollar March madness contest? I think the cash value is around $400 million but I have heard the odds of getting a perfect play sheet is around 50 billion to 1.

    I don't follow college basketball but I will give it a try.

    Cash value is $500 million but after taxes it would probably be around $300 million. The odds are actually about 1 in 9.22 quadrillion for a random-pick perfect sheet, and supposedly about 1 in 128 billion for a sheet played by someone who knows basketball.

    Anyway, yes I am participating. I played (reg. and tournaments), so know a little bit about game dynamics etc, but still holding no expectations.

    I would be perfectly happy to win one of the second prizes. After all, it's free. Smile

    If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
    If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

    2016: -48.28% (13 tickets) ||
    P&L % = Total Win($)/Total Wager($) - 1

      RJOh's avatar - chipmunk
      mid-Ohio
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      Posted: March 13, 2014, 3:31 pm - IP Logged

      I was since it's free and no purchase was necessary but I found out I need a yahoo account and a mobile number before I can proceed which I'm guessing I'll need something else after I get them.

       * you don't need to buy more tickets, just buy a winning ticket * 
         
                   Evil Looking       

        Avatar

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        Posted: March 13, 2014, 3:37 pm - IP Logged

        Anyone here participating in the Billion dollar March madness contest? I think the cash value is around $400 million but I have heard the odds of getting a perfect play sheet is around 50 billion to 1.

        I don't follow college basketball but I will give it a try.

        Do you all think anybody will win??

          Drenick1's avatar - villiarna
          USA
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          Posted: March 13, 2014, 3:37 pm - IP Logged

          I was since it's free and no purchase was necessary but I found out I need a yahoo account and a mobile number before I can proceed which I'm guessing I'll need something else after I get them.

          I pre-registered and they just need your email and phone. You can opt out of receiving future solicitation from Quicken Loan.

            Drenick1's avatar - villiarna
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            Posted: March 13, 2014, 3:43 pm - IP Logged

            Cash value is $500 million but after taxes it would probably be around $300 million. The odds are actually about 1 in 9.22 quadrillion for a random-pick perfect sheet, and supposedly about 1 in 128 billion for a sheet played by someone who knows basketball.

            Anyway, yes I am participating. I played (reg. and tournaments), so know a little bit about game dynamics etc, but still holding no expectations.

            I would be perfectly happy to win one of the second prizes. After all, it's free. Smile

            Thanks for the clarification as I knew the odds were high but NOT that high.Eek

            I didn't realize they offered any second prize. With so many top seeds getting upset it will take an awful lot of luck like perhaps getting struck by lightning and eaten by a shark before finally getting hit by an asteroid while swimming in a pool.

              Drenick1's avatar - villiarna
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              Posted: March 13, 2014, 3:44 pm - IP Logged

              Do you all think anybody will win??

              With the overwhelming odds, I seriously doubt it but you never know...

                Jill34786's avatar - Lottery-006.jpg
                Windermere, FL/Franklin, TN
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                Posted: March 13, 2014, 5:21 pm - IP Logged

                Cash value is $500 million but after taxes it would probably be around $300 million. The odds are actually about 1 in 9.22 quadrillion for a random-pick perfect sheet, and supposedly about 1 in 128 billion for a sheet played by someone who knows basketball.

                Anyway, yes I am participating. I played (reg. and tournaments), so know a little bit about game dynamics etc, but still holding no expectations.

                I would be perfectly happy to win one of the second prizes. After all, it's free. Smile

                With odds that astronomical, it should be interesting to see how it plays out.

                ** Some people fulfill their dreams by receiving entitlements from the Government while others wake up and work hard for it! **

                  Jon D's avatar - calotterylogo
                  Los Angeles, California
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                  Posted: March 13, 2014, 6:03 pm - IP Logged

                  Thanks for the clarification as I knew the odds were high but NOT that high.Eek

                  I didn't realize they offered any second prize. With so many top seeds getting upset it will take an awful lot of luck like perhaps getting struck by lightning and eaten by a shark before finally getting hit by an asteroid while swimming in a pool.

                  It's actually a bit higher, 2^63 or 9.2 quintillion (not quadrillion) to 1 odds for the $1 billion grand prize.

                  1:9,223,372,036,854,775,808

                  https://tournament.fantasysports.yahoo.com/quickenloansbracket/challenge/?qls=BCG_B14BrBra.0000000099&mid=sVd3Du6Dp|pcrid|38567155548|pkw|quickenloans%20bracket|pmt|e|pdv|c|plid|

                  Don't delay. There is a limit of 15 million entrants! I was signed up early and registered the first day. Selection starts after this weekend, expect it to fill up quickly.

                  And with twenty 1st prizes of $100,000 for best brackets, they will give away $2M no matter what.

                    Coin Toss's avatar - shape barbed.jpg
                    Zeta Reticuli Star System
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                    Posted: March 13, 2014, 6:21 pm - IP Logged

                    Do you all think anybody will win??

                    Nope. It's the equivalent of hitting a 32 teamer.

                    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                    Lep

                    There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                      LottoMetro's avatar - Lottery-024.jpg
                      Happyland
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                      Posted: March 13, 2014, 6:34 pm - IP Logged

                      Yep, made a typo. In my post here, I state it correctly: http://www.lotterypost.com/thread/271280/3447033

                      And in this post I posted the full odds of winning, which "someone" was not convinced as correct, even though the rules said so: http://www.lotterypost.com/thread/271280/3448325

                      If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
                      If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                      2016: -48.28% (13 tickets) ||
                      P&L % = Total Win($)/Total Wager($) - 1

                        Jon D's avatar - calotterylogo
                        Los Angeles, California
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                        Posted: March 13, 2014, 6:48 pm - IP Logged

                        Yep, made a typo. In my post here, I state it correctly: http://www.lotterypost.com/thread/271280/3447033

                        And in this post I posted the full odds of winning, which "someone" was not convinced as correct, even though the rules said so: http://www.lotterypost.com/thread/271280/3448325

                        Stop being a crybaby LottoMetro.

                        You're so insecure. Green laugh

                        Your ego can't stand someone pointing out your mistakes, which I've done on many occasions.

                          Jill34786's avatar - Lottery-006.jpg
                          Windermere, FL/Franklin, TN
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                          Posted: March 13, 2014, 6:55 pm - IP Logged

                          It's actually a bit higher, 2^63 or 9.2 quintillion (not quadrillion) to 1 odds for the $1 billion grand prize.

                          1:9,223,372,036,854,775,808

                          https://tournament.fantasysports.yahoo.com/quickenloansbracket/challenge/?qls=BCG_B14BrBra.0000000099&mid=sVd3Du6Dp|pcrid|38567155548|pkw|quickenloans%20bracket|pmt|e|pdv|c|plid|

                          Don't delay. There is a limit of 15 million entrants! I was signed up early and registered the first day. Selection starts after this weekend, expect it to fill up quickly.

                          And with twenty 1st prizes of $100,000 for best brackets, they will give away $2M no matter what.

                          The grand prize will be out of play before the final four. I would be curious to see what Vegas odd makers are offering.

                          ** Some people fulfill their dreams by receiving entitlements from the Government while others wake up and work hard for it! **

                            Avatar
                            Kentucky
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                            February 14, 2006
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                            Posted: March 13, 2014, 8:18 pm - IP Logged

                            Anyone here participating in the Billion dollar March madness contest? I think the cash value is around $400 million but I have heard the odds of getting a perfect play sheet is around 50 billion to 1.

                            I don't follow college basketball but I will give it a try.

                            Theoretically the NCAA selections committee should have "perfect brackets" because they have all the information, but only once have all four of their number 1 seeds made the Final Four when three times none of the Final Four were number 1 seeds. A number 1 seed won 52% of the tourneys which means in almost half the tourneys, the committee couldn't pick the winner. 

                            "I don't follow college basketball but I will give it a try."

                            The only 100% statistic is the number 1 seeds beating the number 16 seeds in every tourney, but that only involves four of the 32 first round winners. Last year there was less than 10 brackets out of millions in the ESPN Bracket Challenge that were prefect through the round of 32 so it's well worth the try for anyone. Good Luck!

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                              Kentucky
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                              Posted: March 13, 2014, 8:35 pm - IP Logged

                              The grand prize will be out of play before the final four. I would be curious to see what Vegas odd makers are offering.

                              I Agree! and with Villanova losing early in the Big East tourney makes having four solid number 1 seeds very difficult.