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It’s March Math-ness! The Math Behind March Madness
The American Enterprise Institute ^ | March 11, 2011 | Chad Hill

Posted on 03/11/2011 7:08:27 AM PST by Superstu321

Every March, millions of Americans fill out NCAA tournament brackets and enter competitions with friends, coworkers, and strangers. The term “March Madness” may just as aptly describe the mayhem associated with the typical office pool as the games themselves. Many of us devote a lot of time and effort to picking our winners. Much is at stake: experts estimate that $7 billion is wagered on the tournament each year. There is no perfect way to pick a bracket, but it is surprisingly easy to increase your odds of winning your pool if you study the math for a minute.

(Excerpt) Read more at american.com ...


TOPICS: Science; Society; Sports
KEYWORDS: analysis; basketball; economics

1 posted on 03/11/2011 7:08:31 AM PST by Superstu321
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To: Superstu321

Where can I find the chart to fill in the stats?


2 posted on 03/11/2011 7:16:04 AM PST by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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To: Superstu321

I hate Duke.


3 posted on 03/11/2011 7:23:16 AM PST by justice14 ("stand up defend or lay down and die")
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To: Superstu321
Rule 1a. Always bet against Notre Dame. There are so many Fighting Irish fans out there either gambling or in the media that Notre Dame is always ranked higher or has a higher point spread than they should. They aren't that good and haven't been for a long time in any sport you can think of.
4 posted on 03/11/2011 7:30:29 AM PST by KarlInOhio (Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
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To: KarlInOhio

I guess you missed last year’s Lacrosse Final.

The Ice Hockey team is in the Top 10.

The Basketball team will likely get a 3 or 4 seed this year.


5 posted on 03/11/2011 7:56:26 AM PST by LRoggy (Peter's Son's Business)
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To: Superstu321

The tournament is undoubtedly fixed. Each year I calculate the precise combination of winners for me to win my pool and yet I lose every year.


6 posted on 03/11/2011 7:56:37 AM PST by Defend Liberty
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To: Superstu321

1)Never pick Pitt. They fold in early rounds nearly every year.

2) PAC 10 teams will get creamed.

3) Rick Barnes can’t coach. Don’t trust Texas

4) Picking Mid-Majors to advance is a crap shoot.

5) Watch for the hot teams—right now-UNC,Syracuse,UCONN,Kansas State look hot

6) Pick traditional powers like Kansas or Kentucky for sweet 16 spots

7) Besides Ohio State, Big 10 is over rated

8) Duke is Duke and everyone hates them

9) 12 and 13 seeds are ALWAYS scary

10) Whatever Dick Vitale says, do the opposite.


7 posted on 03/11/2011 7:56:37 AM PST by Le Chien Rouge
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To: Superstu321
March Math-ness? Okay.

The number of teams in each round is 64*.5**(n-1), where n is the round number, starting with round 1.

8 posted on 03/11/2011 7:58:14 AM PST by Tanniker Smith (I didn't know she was a liberal when I married her.)
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To: Superstu321
The key to a successful bracket is picking the right champion. In all likelihood, your scoring system is such that you need to pick the winner in order to win the pool, so this is the best place to differentiate your bracket.

I haven't read the whole thing yet but this clearly isn't true. I won my pool (two of the actually) several years back before the final four started. The key is to be right about one team that others aren't quite so likely to pick. For me that year it was Florida. Some time before that it was Michigan State. It also helps to be right about a team that everyone seems to like but in the negative direction. Duke and Gonzaga have worked well for me. (Obviously this didn't work well for me last year! But if Baylor had beaten Duke in the Regional Final; and they should have were it not for the fact that the refs have a tendency to fall for the Duke flop; I probably would have won last year too.) I'm usually in 20-60 man pools; and I think I've won four of them in the last 20 years or so.

ML/NJ

9 posted on 03/11/2011 8:00:22 AM PST by ml/nj
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To: Superstu321
The conventional wisdom this year is that there doesn't sem to be a dominate favorite. Ohio State is the clear #1, but after that, weaknesses appear.

The 5-12 matchups are ripe for upsets;

7-10 matchups are also ripe for upsets, but not as dramatic as 5-12.

No #1 seed has EVER lost in the first round; #2 seeds have lost in the first round, but it's very rare.

If you're betting on individual games, always consider better the double-digit underdog, particularly in early rounds.

10 posted on 03/11/2011 8:10:33 AM PST by Lou L (The Senate without a fillibuster is just a 100-member version of the House.)
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To: justice14; Le Chien Rouge

Go Duke!


11 posted on 03/11/2011 8:19:15 AM PST by Exit148
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To: Superstu321

I can’t wait until it’s over, so talk radio can get back to business without constantly being pre-empted for games.


12 posted on 03/11/2011 8:20:36 AM PST by bassmaner (Hey commies: I am a white male, and I am guilty of NOTHING! Sell your 'white guilt' elsewhere.)
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To: Exit148
Go Duke!

Floppers.

13 posted on 03/11/2011 8:36:17 AM PST by justice14 ("stand up defend or lay down and die")
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