Warren Buffett’s Berkshire Hathaway has offered a $1 million prize to anyone who correctly predicts the winners of 30 out of the 32 first-round games in the men’s NCAA Tournament. The odds of achieving this feat are extremely low, with estimates ranging from 1 in 9.2 quintillion to 1 in 120.2 billion.
Buffett made it easier for his employees to win by lowering the bar to correctly pick winners of at least 30 out of the 32 first-round games. However, a handful of employees managed to get at least 31 correct, with one person winning the top prize after picking 29 out of 32 games right.
The recent lack of upsets has made the NCAA Tournament less exciting to watch, but it has made it easier for contestants to pick winners. In contrast, an individual participating in ESPN’s bracket challenge exceeded Buffett’s employees by correctly predicting the outcomes of 42 out of 64 games, achieving nearly two-thirds of a perfect bracket.
This story was originally published on March 24, 2025.
Source: https://www.kansascity.com/sports/spt-columns-blogs/for-petes-sake/article302684059.html