Introduction In 2019, over 40 million Americans wagered money on March Madness brackets, according to the American Gaming Association. Most of this money was bet in “bracket pools,” which consist of a group of people each entering their predictions of the NCAA tournament games along with a buy-in. The bracket that comes closest to being right wins. If you also consider the bracket pools where only pride is at stake, the number of participants is much greater. Despite all this attention, most do not give themselves the best chance to win because they are focused on the
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