We are talking March Madness today and I need some input. I don't follow much college basketball, aside from having an idea who the top ranked teams are, but I have always been a fan of the March Madness tournament.
@siggy47, @Undisciplined and I were talking about creating a March Madness survivor pool so I am tagging everyone who participated in the NFL survivor pool and the NBA in season tournament survivor pool for input and to gauge interest in this pool.
@grayruby @siggy47 @BlokchainB @Public_N_M_E @Wumbo @WeAreAllSatoshi @BTC_Bellzer @bitiplx @ekzyis @undisciplined @tnuts420 @mallardshead @lawndough @Turdinthepunchbowl @nifty @needcreations @POTUS @gnilma @elnosh
Rather than doing a traditional bracket competition we thought it would be fun to do another survivor pool. However, with only 6 rounds of games and 64 teams I think everyone is just going to pick top seeds all the way unless we structure the pool to encourage a wider variety of picks.
An idea proposed by undisciplined would assign point value of winning picks based on their seed. So if in the round of 64 I pick a number 1 seed and they win I get 1 point but if you pick a number 15 seed and they win you get 15 points. Of course if you pick 15 and lose you are out. My only concern with this format would be everyone might blow themselves up in the first couple rounds trying to build a lead or catch someone who hit on a big underdog and we have a pool that ends before the sweet 16 even begins. But let me know your thoughts on this idea.
Remembering you can only pick a team once, I thought a good idea would be to make the first round a 4 pick round, the round of 32 a 2 pick round and then from the round of 16 on it's one pick per round. This way if someone wants to use all the one seeds in the first round they can but then they are gone from the rest of the tournament. The drawback I see from this is we could also have a lot of people exiting early if they have to pick four games. One big upset and it could end the pool. Maybe the first two rounds could be two picks instead of 4 and 2.
Or we could simply just play it straight up with a couple of strong tiebreakers at the end and if everyone is picking top 3 seeds all the way so be it. The main tiebreaker could relate to seeding somehow so the person who picks only top seeds throughout has less of a chance to win.
Please let me know if you are interested in participating and your ideas on what the format should be if you do plan to participate.
There will be no buy in. The pool will be structured the same way the NBA in-season tournament pool was structured where the payout is the total of sats collected by the Pool posts. I will guarantee a 10k sat payout if we don't collect 10k but hopefully we will collect much more and have a nice payout for the winner.
Sats for all,
GR