Wednesday, March 20, 2013

Place Your Bets

March Madness is finally here! Time to join your work place and friend bracket groups in order to compete for bragging rights and glory. If your good at guessing or have a lot of knowledge on NCAA basketball then this is an easy way to make some quick cash from winning the pool or part of the office pool. The odds of winning are extremely low and there is a science behind bracketology. Don't pick the exact same as everyone else nor the exact same as the "experts". The chances of you winning if you have the same picks as everyone is lower then. But simply put make good choices, don't pick the number 16 seed to win it all.

Also, one must do research before filling out the bracket. Listen to ESPN and read sports analyses. As stated, only 1.8% of the country has Texas winning, yet experts say they have a 5.8% chance of winning, thus making it a good choice. Very few people will have it and its chances are decent and making them the most undervalued team. It is good to go for undervalued teams because it increases your chances. (These statistics are based in 2011).

There is much needed analyses that need to be looked at and careful considerations needed. These careful thoughts could be the difference between winning and losing. This is now a cultural identity for Americans and a tradition in the work place. Time for a little slump in work place productivity.

Just some tips I heard on ESPN: Most years, all final 4 teams were ranked between 1 and 4 in their respective sections. Only once did the final 4 consist of all top seeded teams. So choose a top team, but don't always choose the most top team.

1 comment:

  1. I would comment more but I need to go fill out my braa....

    ReplyDelete