TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Take Buffett's Billion

17 pointsby cjcenizalabout 11 years ago

11 comments

rakooabout 11 years ago
For the people outside of this world like me, a March Madness Bracket [0] is a classical grid of a championship involving US basketball teams.<p>[0] <a href="https://en.wikipedia.org/wiki/March_Madness_pools#Brackets" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;March_Madness_pools#Brackets</a>
selectoutabout 11 years ago
I&#x27;ve always been curious how many actually unique brackets get submitted to the major bracket places. I&#x27;d imagine there&#x27;s about 5,000-10,000 unique brackets that cover 99% of the people.<p>It&#x27;s the one feature I&#x27;d love to be able to see is if I have submitted a 100% unique bracket on my own.
thrushabout 11 years ago
Was going to sign up (because why not?), but then I didn&#x27;t like some of the questions they&#x27;re asking me.<p><a href="https://tournament.fantasysports.yahoo.com/quickenloansbracket/challenge/" rel="nofollow">https:&#x2F;&#x2F;tournament.fantasysports.yahoo.com&#x2F;quickenloansbrack...</a>
jleeheyabout 11 years ago
Hate to be the skeptic, but what&#x27;s to guarantee that the winner will distribute the winnings evenly? It&#x27;s not like the site has any official connection to the contest.
评论 #7417766 未加载
评论 #7417706 未加载
评论 #7417700 未加载
supremumabout 11 years ago
wow this is amazing haha!<p>when you say &quot;statistically best bracket choices&quot;, does that mean you&#x27;re applying a prior on the guesses?<p>If yes, could you give us some more details on how you&#x27;re arriving at the best way to spread our guesses?<p>My colleague was doing some work on sports betting and remarked how the current odds are actually really good predictors for the outcomes.<p>cool idea well done :)
brianbarkerabout 11 years ago
So this pool has 8,832 members. Even if they&#x27;re unique, 8832 out of how many possibilities there are isn&#x27;t changing your odds much.
Bahamutabout 11 years ago
The idea is nice, but the statistical odds are against you. Say you have a 50% chance of picking it right each time. With the play in games, you have a 1 in 4 chance of getting those right. With the regular 32 games, you would need to get all of them right, or 1 in 2^32. With the next 16 games, you would need to get 2^16 correct. Then 2^8, 2^4, 2^2, and then 2^1.<p>Multiply them all together, you get 1 &#x2F; (2^2 * 2^32 * 2^16 * 2^8 * 2^4 * 2^2 * 2^1) = 1 &#x2F; (2^65)...crazy small odds.
评论 #7417653 未加载
bradorabout 11 years ago
What&#x27;s the most tax efficient way to get that prize money if you win? How much could you actually keep?
评论 #7417730 未加载
评论 #7417971 未加载
CanSpiceabout 11 years ago
Blast. It&#x27;s only available for people living in the United States (or overseas military bases).
kcbannerabout 11 years ago
&quot;We&#x27;re sorry, but something went wrong.&quot;
评论 #7417836 未加载
aaronmarksabout 11 years ago
Is it just me or was this removed from the homepage?
评论 #7418681 未加载