When March Madness kicks off, college basketball will be all over the TV and people who don’t usually watch the sport will start talking about “bracketology.” If you want to add another layer of fun to the NCAA Tournament this year, try organizing a March Madness pool with your friends and family. There are many different types of March Madness pools, so it’s important to choose one that fits your group’s style and budget.
Some March Madness pools pay out every game, while others only pay out once the tournament gets to a certain stage. For example, a March Madness Squares pool will pay out when both teams you picked win a game. This type of pool is a great option for players who enjoy betting on upsets, and it’s easy to keep track of with a spreadsheet.
A Pick X pool is a fun format where each player selects a certain number of teams before the tournament starts and earns points each time their team wins (the manager configures the "x" number of teams to pick). You can also optionally setup additional payout structures like point earning per round, bonus points for underdog victories, and tie-breakers.
When the tournament comes to a close, players will earn their cash awards based on their total pool winnings. Braid supports instant transfer of pool funds for a small convenience fee. If you need to award prizes to a group of non-Braid users, simply create a Money Link that can be shared via email or text message.