Warren Buffett offering big payout to anyone who predicts NCAA Tournament

Two years ago, billionaire businessman Warren Buffett and his company, Berkshire Hathaway, teamed up with Quicken Loans to offer $1 billion to anyone who could correctly guess the entire NCAA Tournament. Now, that seems pretty impossible with so many outcomes able to happen at any point, which was evidenced by nobody being able to cash in on the money.

However, Buffett is now giving fans a chance to win a large sum of money with this year’s Tournament. According to Mashable, Buffett is offering to pay $1 million per year for life to the person who correctly guesses the first two rounds of the March Madness Tournament.

Now even that seems pretty tough to do because you have to correctly guess what teams will be playing in the Sweet Sixteen. No, Buffett, like many other begrudged fans, does not count the First Four as the first round of the Tournament.

Last year, the Tournament saw more upsets in the first two rounds than in the last five tournaments. Yes, that seems to be a small number, but it just goes to show how unpredictable the NCAA Tournament can be.

This year, there is no clear-cut dominant team in college basketball, so it is going to be tough to tell what could happen at any point in the Tournament. The best bet is likely to pick a few upsets and then hope for the best with the rest.

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*Featured Photo (above) credit to CBS/Turner

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