Moonglow
Diamond Member
Damn! This would be the year I paid no attention to college basket ball.....
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Misleading title.
Buffett isn't giving anything away, his company sold an insurance policy to Quicken Loans for the contest.
So if someone wins his company has to pay up?
Misleading title.
Buffett isn't giving anything away, his company sold an insurance policy to Quicken Loans for the contest.
So if someone wins his company has to pay up?
Yes.
That's different than giving something away. Quicken Loans bought an insurance policy from him.
Dayton beat Ohio State. I'm done.
Harvard and Oregon took me out.
Go Bluejays!
Harvard and Oregon took me out.
Go Bluejays!
Who would take Harvard?
Dayton beat Ohio State. I'm done.
me too !
DING! DING! DING! We have a winner!Misleading title.
Buffett isn't giving anything away, his company sold an insurance policy to Quicken Loans for the contest.
You can't just pick the winner. You have to correctly pick the whole bracket.
Far be it for me to support that asshat Buffet but it isn't as long odds as has been posted. The odds would be that way only if you blindly picked the teams or threw darts at it. But it isn't that way. Some teams we know will win certain games. I would bet that a lot of people correctly pick the winners if the first round. Still, probably no one will win it.
So if someone wins his company has to pay up?
Yes.
That's different than giving something away. Quicken Loans bought an insurance policy from him.
In all likelihood, Buffet/Quicken bought a policy from an insurance company that offers coverage for things like 'hole in one' events and other prizes that are statistically not likely to be paid. For this billion dollar bracket thing, the premium for such a policy wouldn't be much. The odds are ASTRONOMICAL that anyone would pick every single game correctly. It's never been done and will probably never be accomplished if we had NCAA tournaments for the next thousand years. The chances of someone picking it THIS YEAR? So high that it's a safe bet for any insurance company.
Would love to be proved wrong, but I'm confident in saying it ain't gonna happen.
Still, they will pay out $100k to those with the best bracket picks. I signed up...didn't cost nothing.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. We work closely with our clients to understand their strategic and operational goals, offering a wide range of products, tools and resources that aim to promote our clients ongoing growth and success. As a direct reinsurer, we are in the risk assumption business, just like our clients. Our shared perspective helps us understand and evaluate even the toughest risks - and propose the right solution for you.
Gen Re is a member of the Berkshire Hathaway family of companies, and has earned superior financial strength ratings from each of the major rating agencies. We take our commitments very seriously. And with $14 billion in capital and $6 billion in premiums, we only make promises we can keep.
You can't just pick the winner. You have to correctly pick the whole bracket.
Far be it for me to support that asshat Buffet but it isn't as long odds as has been posted.
The odds would be that way only if you blindly picked the teams or threw darts at it. But it isn't that way. Some teams we know will win certain games. I would bet that a lot of people correctly pick the winners if the first round. Still, probably no one will win it.
You can't just pick the winner. You have to correctly pick the whole bracket.
Far be it for me to support that asshat Buffet but it isn't as long odds as has been posted.
Your ridiculous mathematical pronouncements are as ridiculous as your climate change pronouncements.
But, hey, any moron can say whatever they like - look at Sarah Palin.
The odds would be that way only if you blindly picked the teams or threw darts at it. But it isn't that way. Some teams we know will win certain games. I would bet that a lot of people correctly pick the winners if the first round. Still, probably no one will win it.
Dayton is laughing their asses off at you.
Yes.
That's different than giving something away. Quicken Loans bought an insurance policy from him.
In all likelihood, Buffet/Quicken bought a policy from an insurance company that offers coverage for things like 'hole in one' events and other prizes that are statistically not likely to be paid. For this billion dollar bracket thing, the premium for such a policy wouldn't be much. The odds are ASTRONOMICAL that anyone would pick every single game correctly. It's never been done and will probably never be accomplished if we had NCAA tournaments for the next thousand years. The chances of someone picking it THIS YEAR? So high that it's a safe bet for any insurance company.
Would love to be proved wrong, but I'm confident in saying it ain't gonna happen.
Still, they will pay out $100k to those with the best bracket picks. I signed up...didn't cost nothing.
While generally true, Buffett doesn't buy those policies. He's the one who sells them.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. We work closely with our clients to understand their strategic and operational goals, offering a wide range of products, tools and resources that aim to promote our clients ongoing growth and success. As a direct reinsurer, we are in the risk assumption business, just like our clients. Our shared perspective helps us understand and evaluate even the toughest risks - and propose the right solution for you.
Gen Re is a member of the Berkshire Hathaway family of companies, and has earned superior financial strength ratings from each of the major rating agencies. We take our commitments very seriously. And with $14 billion in capital and $6 billion in premiums, we only make promises we can keep.
Welcome to Gen Re
Where did Dayton finish?You can't just pick the winner. You have to correctly pick the whole bracket.
Far be it for me to support that asshat Buffet but it isn't as long odds as has been posted.
Your ridiculous mathematical pronouncements are as ridiculous as your climate change pronouncements.
But, hey, any moron can say whatever they like - look at Sarah Palin.
The odds would be that way only if you blindly picked the teams or threw darts at it. But it isn't that way. Some teams we know will win certain games. I would bet that a lot of people correctly pick the winners if the first round. Still, probably no one will win it.
Dayton is laughing their asses off at you.
Ohio state finished 5th in the Big Ten. A Dayton win was not all that surprising.