1. #1
    ace7550's Avatar SBR PRO
    Join Date: 05-08-15
    Posts: 3,007
    Betpoints: 209

    Betus March Madness Contest

    Some of the fine print on these bracket contests is pretty funny. Obviously getting a perfect bracket is nearly impossible.
    But if somehow you were able to do it, Betus would give you a million dollars....

    "The grand prize will be paid in 650 monthly installments of $1,539. The first installment shall be paid within 30 working days of the posting of the results. Each subsequent payment shall be paid in full in exactly one month’s time until all 650 payments are made in full."
    In other words, they're going to take just over 54 years to pay you out.

  2. #2
    littlekona's Avatar Become A Pro!
    Join Date: 11-19-15
    Posts: 4,575
    Betpoints: 1156

    J.G. Wentworth

  3. #3
    PharaohUB's Avatar SBR PRO
    Join Date: 01-23-07
    Posts: 4,378
    Betpoints: 958

    I've seen this before. They probably a pay small fee to an outside company, that 'insures' them in case the million dollar bracket ever hits, and this is how they agreed to pay out.
    175 pts

    SBR TRIVIA WINNER 04/12/2021

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    SBR TRIVIA WINNER 04/08/2021

    175 pts

    SBR TRIVIA WINNER 04/01/2021

  4. #4
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    Stallion's Avatar SBR PRO
    Join Date: 03-21-10
    Posts: 2,805
    Betpoints: 8679

    I have a structured settlement and I need cash now... 🤣