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Ncaa Bracket Payout

March Madness Scratch-Offs

NCAA Tournament Bracketology 2021. Every day, we run thousands of computer simulations of the college basketball season, including all remaining regular season games, all conference tournaments, NCAA selection and seeding, and the NCAA tournament itself. Each Round the Payout values increase, including the $2,000 Final Score Square and $500 Halftime Score Square for the Championship Game! If not all Squares are purchased, exact payouts will be determined when the Tournament starts. If a Winning Square is not owned by someone, its respective payout will only be added to the National Championship. CBS Sports is helping you get ready for March Madness with the latest news, picks, and predictions for the 2021 NCAA Basketball Tournament Bracket.

Bracket


March Madness Scratch-Off Cards

Large March Madness Squares

A perfect bracket in this contest will net you $1,000,000. Anyone who can get 60+ games right will receive $25,000 in cash. If neither of those are hit, the bracket champion will take home a 60″ HDTV, while 2nd place gets a $200 gift card. Payout Structures. Below is a list of various payout structures you can use for your Bracket Office Pool.Please keep in mind you should check the laws in your.


Poster Size March Madness Squares



The grid below is to be used for a unique office pool that uses the last digits from the final score of every game throughout the entire tournament. There are a total of 63 games in the tournament, 67 if you count the play-in games. Each game has a winning square! At the bottom of this page, we go into further directions on running this pool. We have taken this pool even further with our College Basketball Block Pool, which redraws numbers for all 6 rounds of the tournament. If you're looking for a grid for just a single game you can use our normal 100 Square Grid.




Ncaa Bracket Payout Ideas



View College Basketball 50 Square Grid View College Basketball 25 Square Grid
March Madness Tourney Bracket View All Office Pools

How to run a 100 Square Pool

What??? There's another March Madness Pool?
Most people think that the College Basketball Bracket is the only office pool you can run during the tournament. We like to think outside the box and come up with new creative pools to run, such as our College Basketall Tourney Props Pool and the March Madness Square pool you see above.


How does the Square Pool work?
The concept is the same as the Super Bowl Squares, in that you will be using the last digits of the two team's scores to find the person's name in the intersecting square. The difference being you will only be using the final score of the game, and every game in the tournament will have a winning square. If you want to run a little more advanced pool, try our College Basketball Block Pool where the numbers representing the team scores will change for each round.


Step 1
Print the square grid from above and take it around to family and friends having them write their name in the square or squares of their choice.


Step 2
Once all the squares are full it is time to set up the drawing. This can be done in many ways, listed below are 2 examples. After determining the drawing method, draw the numbers one at a time placing the numbers from left to right starting with the first gray square box in the top row, continue across the top row until the numbers are gone. After that is complete you will redraw the numbers, this time placing the drawn numbers in the gray square boxes in the left column, starting at the top.
Example 1: Write the numbers 0-9 on pieces of paper and place them in a hat.
Example 2: Get a deck of cards A through 10, the ace represents a one, the 10 represents a 0, 2-9 are face value.


Winning Squares
In Round 1 Illinois beats Florida by a score of 93 to 86. On the top row you will be looking at the last digit of the winning team's score, which is 3, down the left hand column you will be looking at the last digit of the losing team's score which is 6. Find where these two numbers intersect on the grid and the person's name in that square wins. You will do this for every game of the tournament. Most pools will weight the winning prizes by round. There will either be a total of 63 or 67 winners, based on whether you choose to use the play-in games or not.

Play-In - 4 Games(Optional)

Round 1 - 32 games

Round 2 - 16 games

Round 3 - 8 games

Round 4 - 4 games

Round 5 - 2 games

Round 6 - 1 game


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Sample College Basketball Tourney Pool Payouts and Prizes



Payout Structures

Below is a list of various payout structures you can use for your Bracket Office Pool. Please keep in mind you should check the laws in your local jurisdiction before wagering money on office pools.


How Does Ncaa Bracket Payout

Based on the number of entries, we recommend paying anywhere from 5%-10% of the total number of entries. The percentage of people being paid should decrease as the number of entries increase.

Example: If you have only 10 participants enter the pool, we recommend paying out 10%(1) of the entries. If you have 200 participants enter, we recommend paying out 5%(10) of the entries.


Payouts Per Entries

The table below shows the number of payouts per entry, along with the percentages that should be paid out based on what place the participant finishes. If your number of entries is between one of the sets of numbers, you should round up to the next number of payouts(15 entries would pay 2 places).


Ncaa Bracket Playoff

EntriesPayouts 1st2nd3rd4th5th6th7th
101100%------
20270%30%-----
30365%25%10%----
40455%25%15%5%---
50550%20%15%10%5%--
100740%20%15%10%8%5%2%

Another option is to pay out the leader at the end of each round as opposed to multiple payouts at the end of the tournament. An example of this would be:


1st Round2nd Round3rd Round4th Round5th Round6th Round
2%3%10%15%25%45%

Ncaa Basketball Bracket Predictions

*Please check your local gambling laws for information on the legality of wagering money on office pools.