Transcript:
Loren Torres: The NCAA tournament is officially here – and if everyone is directed to the action, March has another side to say: Money.
According to WalletHub, the NCAA 2024 will bring $ 1.4 billion in revenue for the college basketball season. This season, in San Antonio, 100,000 visitors will have an estimated $ 400 million economic impact on the last four weeks.
About $ 2.7 billion law bets will be placed in the tournament period, but will be $ 4 billion in illegal bets. All of these odds are convinced that people will keep people’s attention away from what they are attracted to, isn’t it?
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The average employee will spend 6 hours watching the tournament, which will suffer due to the productivity of $ 17 billion in corporate losses.
Which march would be mad in a parenthesis or without filling two or 80 million. Wallethub says how many people are predicted to participate in a parenthesis pool.
If you think you know enough ball to fill a perfect bracket: you don’t. The probability of choosing each game correctly is 9.2 quintillion 1. A quintitillion is equal to one billion billion. Every time you are played, you are better than a chance to win back-back lotteries with just one ticket.
Will do it for your daily briefing. From New York City, I’m Toreest with Teest.
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