Sunday, March 16, 2014

March Madness

Every year, millions of people all across America enter the brackets into several different pools, hoping to win lots of money.  There are a total of 64 teams each year that make the tournament, forming four different regions from all across the United States.  The teams battle it out in the single game elimination tournament and must win six consecutive games to be named the nation March Madness champions.  There are hundreds of billions of different scenarios that could play out in the tournament, and as always, there are several upsets.
            There are many millions of people trying to pick out the perfect bracket, but the odds aren’t even close to being in your favor.  Some companies are so sure that you won’t even come close the filling out a perfect bracket, that if you do, they are offering one BILLION dollars to anyone who can pick the perfect bracket.  This is how sure they are, and how slim the odds are, that no one can statistically come even close to picking the correct bracket.  You are even roughly 5 billion times more likely to win the lottery than you are of picking out the correct bracket.
            Like almost any deal, however, there are always some curves, or ways around.  There are 64 teams’ total and 4 regions, making 16 teams per region.  The 16 teams are seeded, 1 to 16, based upon their skill, one being the best.  If you look into the statistics, a 16 seed, who always plays the one seed in the first round, has never lost to a one seed in the history of the NCAA March Madness History.  You can therefore conclude that if you assume that all of the number one seeds will win in the first round, your chances of having a perfect bracket will increase by 128 million, which does come close to even putting a dent in your overall odds, but hey, it helps.
            There is always frustration when it comes time for March Madness, but again, when isn’t there people getting frustrated when money is on the line?  There always seems to be several upsets every year.  There is even, occasionally, a time when a 15 seed beats a 2 seed in the first round.  There is also some years where there is almost no upsets, it is all completely based upon probability.  And because every game is based on probability, there is still a slim chance that any team could win a game, and when there is 63 games to be played in total, that’s all any team needs.

Hampson, Rick. "Why You Won't Win March Madness Billion-dollar Bracket." USA Today. Gannett, 16 Mar. 2014. Web. 16 Mar. 2014.

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