#1
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NCAA Tourney "Action"????
With such a vast array of people on here having an interest in "action", other than "filling out your brackets", what other NCAA tourney games have you participated in? Explain the concept if need be . . . a group of friends are looking for something new/different to amuse ourselves for this year's tourney's action.
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#2
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It was the first year doing it and I have thought of other ideas to help with financing it such as putting minimums to have some sort of guaranteed pot and doing the 5,6,7,8 seeds first, and then the 1,2,3,4 seeds because if the 1 or 2 seeds get drawn early, their is extreme value in those because people don't know what the final pot is. Once you got the final pot, you would end up paying for each team win, there are 32 opening round winners, 16 2nd round, 8 3rd,4,2,1 so the payout would obviously go up incrementally. |
#3
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I've done a fun auction the past couple years. You all put in money and pick each team out of a hat. You then bid on those teams until all 64 teams have been bid on. Total pot gets divided by 6 for each round. You then divide the money for each round by the number of games in that round to figure out how much each game is worth. So if you have $500 in the pot you'd have $83.33 for each round. The first round has 32 games so are worth $83.33/32 = $2.60 a piece. The championship round has 1 game so is worth $83.33. A lot of fun especially when you get George Mason for $.90 and have them go to the Final Four.
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#4
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Try a spread pool. Basic idea is everyone gets a team and if the favorite covers the spread (make sure to use the same paper the day of the game, because different papers have different lines) the person goes on with that team and the owner of the losing team is out. If they don't cover and win, the person with the other team (the loser of the game) inherits the winning team and the original owner is out. It's a good pool because even though you might start with a bottom seed, it could turn into a very good team fast.
The other pool is a survivor pool (just heard about this today). The concept is to basically pick one winning team (without the spread) everday of the tourney. But you can only use each team once.
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Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!" |