$1 Billion NCAA Basketball Bet Pays Off for Buffett… Already

March 24, 2014
basketball prize insurance claim

  • March 31, 2014 at 5:55 pm
    irishCowboy says:
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    Warren Buffet didn’t “win” any such bet. He made an offer to pay, but their was no reciprocal paout for him if nobody won their side of the Buffet’s offer. It was a “gamble” that only he could lose (promotional and advertising benifits were going to be realized no matter whether he paid off on his pffer or not, so you can’t use that as his winning part of the “wager”. In fact, there woul dbe more publicity for him if he paid off on his offer.



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