Obviously bracket pools are the most popular form of "gambling" during the NCAA tournament, but I was wondering if anyone else does any other pools/games for it.
This year I'm doing something interesting with my one with my friend and a bunch of other people. Basically 16 people start out with $25 to spend. All the teams are put into a hat, and a team is drawn, then we go around in a circle and bid on each team in an auction-like thing. You could either go for a high seed team and put $25 on Kansas, for example, or spread it around and get a bunch of teams (ex. $5 for Georgetown, $10 for Baylor, etc.). You get, IIRC, $2 for each 1st round win your team(s) have, $4 for each 2nd round win, $8 for Sweet 16, $18 for Elite 8, $25 for Final Four and $40 for the national champion. You collect for each round, so if one of your teams wins the title, you win $100. It's a pretty cool idea and I'm excited to see how it goes.
This year I'm doing something interesting with my one with my friend and a bunch of other people. Basically 16 people start out with $25 to spend. All the teams are put into a hat, and a team is drawn, then we go around in a circle and bid on each team in an auction-like thing. You could either go for a high seed team and put $25 on Kansas, for example, or spread it around and get a bunch of teams (ex. $5 for Georgetown, $10 for Baylor, etc.). You get, IIRC, $2 for each 1st round win your team(s) have, $4 for each 2nd round win, $8 for Sweet 16, $18 for Elite 8, $25 for Final Four and $40 for the national champion. You collect for each round, so if one of your teams wins the title, you win $100. It's a pretty cool idea and I'm excited to see how it goes.
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