It is almost that wonderful time of the year again….the NCAA Tournament/March Madness is only 9 days away.
I am posting this early this year as last year I got a good response (92 total entries not including rebuys) and I wanted to start collecting a list of entries, email addresses for distribution of picks, and funds via PayPal if you are inclined to start sending them before next week. This pool is open to anyone but there may become a point where I need to cap the total entries as it is very time consuming trying to collect everyone’s picks each day. I doubt I do this though but try to get your interest/fees in early if possible.
This is probably the most fun/interesting pool I have ever done. I think those that participated last year would likely agree as I’ve already been asked by many people if I was running it again. The whole premise came from an article Bill Simmons posted several years ago. Here is the article (I miss Grantland): http://grantland.com/the-triangle/the-official-grantland-march-madness-knockout-pool/ . Basically the idea is that you pick 2 straight up winners Thursday of the tournament, 2 straight up winners Friday, 1 straight up winner Saturday, 1 straight up winner Sunday, and then 1 straight up winner every day after that. You cannot use the same team twice throughout the tournament. Pretty simple.
If you lose on Thursday, you CAN rebuy on Friday but you have to pick 4 straight up winners. If you lose on Friday, you can buy back Saturday but you have to pick 5 straight up winners. If you lose on Saturday, you can buy back Sunday but you have to pick 6 straight up winners. No buy backs after that. If you lose or choose not to re-buy and you are eliminated. Obviously you still cannot pick a team more than once throughout the tournament.
The cost of the pool will be $30 per entry this year. 3 max entries per person. To buy back in is also $30. Buy back funds will need to be sent prior to the tip off the following day. The payouts will likely be top 2, but as anyone knows that played last year, ties can certainly happen. For those that did not play last year, we ended with a 13 way tie I believe. That being said, we did have one person free rolling in the Final with Wisconsin. A lot of people had their championship pick eliminated when Kentucky lost. Also, last year had a lot of chalk winners without a ton of upsets. I considered making changes to the pool, but I think this year could bring a lot of craziness as the field is WIDE open.
In the event that all the remaining participants lose on the same day, the will chop the pot. Tiebreakers have been discussed in the past but we just have not been able to come up with something that makes sense or is fair.
Please PM me a while if you are interested. I will also need your email address (and Paypal email address if different) as I will send out everyone’s pick ASAP after tip off of the first game each day. All picks will be due prior to then or you are disqualified. My paypal email address is CJSNYDER1@comcast.net. I will likely ask everyone to send between $29.80 and $31.00 to not trip up the Paypal “gambling pools” sensors. When you send funds PLEASE send “friends and family” and include your RG username in the notes. I will not accept ANY entries this year if the funds have not been sent prior to the games tipping off. It is a fun pool but there is money involved, so try to get your picks in as early as possible and before the tip off of the first game each day. This way I can send out everyone’s picks ASAP. I will try to send my pick(s) out early to a Varncass or Razzle or someone so that no one thinks I am looking at other picks which could effect my own picks.
If you have any questions, please feel free to post them here, PM me, or hit me up on twitter (@Stewburtx8). Thanks for playing! I can’t wait for next week.
EDIT TO ADD: PLEASE GO TO PAGE 12 OF THIS THREAD FOR 2018 VERSION/POST
Rules have not changed other than buy-in is still $30
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