98 NCAA Pool (U-Pick)

Rules Of the Pool, Notes & Scoring

  1. All Forms and Jelly beans must be turned in by Wed, Midnight, March 11th. >
  2. Stats will be updated by the morning after game.
  3. Make a copy of your picks before you turn them in.
  4. The Web Page standings will be updated every other day or so, to those interested.
  5. Whoever has the highest point total wins.
  6. Ties are settled by comparing total correct picks by round, starting with round 1. In case of exact "correct pick" number, then ties will be settled by who guessed closest to the final score. If THAT is the same then Winners split earnings.
  7. 2nd place will win at least 10. (probably 15)
  8. There may also be a 3rd "get your jelly beans back" award.
  9. (both 7&8 are dependent on the pool total)(PS if pool is larger than 100 than 5 will be taken out for "maintenance" J)
98 NCAA Lottory
Here's the basics:
    More will follow.

A one time drawing will acure before the first game of the tournement.  Each pick will cost only 1 jelly bean.
The winner AGAINST THE POINT SPREAD of each game advances.
Here's an example.  Let's say tonights game has the number 1 seed  playing the 16th seed.  The Star & News (which will be the offical spread for this pool) has the number 1 seed winning by 12 points.  If the number 1 seed wins by a 12 point margin or better..  the person who picked that team advances.  The person who picked the 16th seed loses.  If, however, the 16th seed team beats THE SPREAD by making the final score margin less than 12 points, the owner of the 16th seed now takes ownership of the 1 seed ticket. If the 16th seed team were to beat the number one seed in this example then the owner would of course keep that ticket.
Don't let all this confuse you.  Our crack staff will make sure that it all goes down the way it should. You don't really have to do anything but root for your teams.
Every pick has the same probability for winning.  Winner take all Jelly beans collected.
Any teams not picked will be donated to the house.

Sweet Sixteen Auction

Here's the basics:
    More will follow:
Soon after the remaining sixteen team are announced, an auction will be held for each team.
20% of the total take will be given to team owners advancing to the Elite 8.
40% of the total take will be given to team owners advancing to the Final 4.
40% will go to the winner.
(This might be slightly changed next week.. but it will be pretty close to this format)

Lets say the "Pot" is 100 jellybeans. I won the bid for the Hoosier with 8 jellybeans.  They win their game and advance to the next round. The other 7 winners and I, get 2.5 jelly beans.  the Hoosies win their next game sothe other 3 winners and I get 10 jellybeans.  Of course the Hoosier win so I'd get the rest.. 40 jellybeans. 52.5 jelly beans for only 8!!! A bargin at any price!