Miss such an event!
If you are not aware it is a pure outcry auction for all the NCAA teams and WINS are predetermined to return X % of the pot.
Bonus Bidding , like the #16 team that gets blown out by the most, etc,
I have been involved in 3 of them and they all die the same death, too good, too big, too much money and they die because nobody wants to cash close to $100,000 in checks at the end.
Always quite a night of bidding especially the last 8 teams when the guys from the Merc showed up and bidding starts at $2000 for a #2 seed.
Picked Cal a long time ago, with Jason Kidd , bought them for $200 and they returned about $9,000, that was a good year!!!
It's a great way of wagering as you win money each round you go.
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