How to Run a March Madness Tournament
Instructions
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Find a group of people who want to participate in your tournament, such as co-workers, club members or friends.
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2
Create the rules for your tournament. Assign points for each round--usually low amounts of points for early rounds (one point for a correct first-round prediction, two for the second round) and higher amounts for each consecutive round (five points for a correct semifinal pick, 10 points for guessing the champion). Also, have each entrant predict the final score of the championship game, which will act as a tiebreaker should two people end the tournament with the same amount of points.
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3
Decide the entry fee and prizes. Five dollars per person is low enough to draw wide interest but high enough to create a substantial pot. For prize distribution, the tournament can be winner-takes-all or you can create several payouts--for instance, in a 10-person pool, winner takes $30, second place takes $15 and third place gets $5.
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4
Provide a blank bracket for each participant. Several websites offer printable brackets, and newspapers often publish blank brackets.
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Have each participant fill out a bracket, marking which team he thinks will win each round. To give each person ample time to think about their selections, provide the brackets at least a week before the beginning of the tournament, then do not collect the brackets until the day before the tournament begins.
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Keep track of each person's bracket choices as the tournament progresses. If an entrant predicts a team will win, and it does not, cross off the selection for that round and all subsequent rounds. Circle each correct prediction, but only for that round. Tally the points.
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Keep a daily record of the results to avoid having to calculate all the brackets at the end. Reveal the winner at the end of the tournament, or send out an e-mail detailing how many points each participant has at the end of each day.
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