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No, I think it clearly states a smart statistical analysis will be used when generating brackets. Even references some Duke professor. I don't know what statis
by gph 13y ago
No, I think it clearly states a smart statistical analysis will be used when generating brackets. Even references some Duke professor.
I don't know what statistical method they plan on using, but Nate Silver/FiveThirtyEight already put out percentages for the whole bracket based on statistics/matchups[1]. It wouldn't be too hard to hand out brackets generated using the highest percentage brackets from something like that.
I still don't think it will work. Even if a million people took part it would still be like a 1:1000 shot at best. And assuming they did distribute it evenly (don't think this is really possible given taxes and everything) at a million people that's only $1000 per person.
[1]http://fivethirtyeight.com/interactives/march-madness-predictions/ http://fivethirtyeight.com/interactives/march-madness-predic...
- thrush 13y agoI'm not typically a gambling man, but 1:1000 for $1000 is pretty good odds if you ask me, particularly considering there is no buy in (I think).
- gph 13y agoWell you're giving your details to Quicken Loans and presumably yahoo. That includes name, address, DOB. While those details don't have a monetary value to you, they certainly have value to the companies you're giving them to.