Buffett backs $1 bn college basketball tournament contest | Bangkok Post: news

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Buffett backs $1 bn college basketball tournament contest

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Business tycoon Warren Buffett has teamed up with Quicken Loans to offer US punters a $1 billion prize for picking the winner of every game in this year's men's college basketball tournament. 

Warren Buffett, pictured in Michigan on November 26, 2013, has offered punters a $1 bn prize for picking the winner of every game in this year's men's college basketball tournament

The odds of filling out a perfect bracket for the 64-team National Collegiate Athletic Association (NCAA) event known as "March Madness"? One expert put it at more than nine quintillion to one.

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