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Friday, March 19, 2010

NCAA Bracket Pool Party

While others are picking schools based on their name, mascot, colors or football team, you can use some analysis and strategies to win (or at least not completely lose) your pool. The article below argues that you use should the wisdom of crowds and base most of your picks off of the 'national bracket', that way you are at least average and will not come in last. The bigger the pool you play in, the better the national bracket will do because of the increasing sample size. The national bracket did reasonably well in the first round. It did not get any of the big upsets right, but who else did. It was ok in games between the more evenly matched teams (Northern Iowa vs. UNLV) though it did miss some. The article goes into more detail about how to improve your chances by looking for "bargains", games that you think the national bracket has the highest probability of getting wrong and picking opposite. It is worth a read even if you are not a sports fan.

How to Win Your NCAA Pool


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