Did I read Kalshi given 1 billion for a Perfect Bracket?

[Ace7550]

I thought I read two states are in eligible only

gay

 

[Jrgum3]

1 in 9.2 quintillion chance of doing this so of course they're offering a billion dollars to anyone who does this because it's never been done before. I filled one out just for the heck of it but I might as well play the lottery.

 

[Ace7550]

i bet in the T&C it says they pay you $1,000,000 a year for 1000 years. No way in hell they would ever shell out a Billion.

 

[jjgold]

I actually just filled one out

 

[Tanko]

i bet in the T&C it says they pay you $1,000,000 a year for 1000 years. No way in hell they would ever shell out a Billion.

This is probably true....

But, almost all contests like this and the ones you see at halftime of game (make a half court shot, shoot a puck 100' into a small holl at the net, etc...) are covered by an insurance company just in case lightning strikes.

The insurance company weighs the odds and charges $XXX to Kalshi so that Kalshi isn't liable no matter what happens.

Now the insurance company probably has some BS terms for paying it out for sure because we all know insurance companies can be a$$holes.

 

[BigJay]

I actually just filled one out

 

[KVB]

gay

New York and Flahrida are out.

Can't even be in those states while filling out a bracket, even if you have an account and are setup in the State you live in.

 

[JDS]

f***'em Florida always gets the short end of the stick

 

[theriver55]

f***'em Florida always gets the short end of the stick

Hard Rock has an Iron fist over the Sunshine State?

 

[djefferis]

I remember working for a Berkshire company and Buffet used to offer this - never a winner.

They amended to just needing a perfect first 4 rounds to win - still nothing.

One guy did take home 100k last year when they introduced offer of 100k to anyone who could pick 30 of the first 36 correct. He had 31.

30 of 36 is definitely possible especially with the current state of college hoops. Perfection is impossible if think. Better chance of going 15-15 on a keno card.

 

[DiggityDaggityDo]