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'March Madness' betting runs rampant in American offices
[ 2009-03-27 10:17 ]



If people at work in the United States, especially sports fans, seem a bit distracted these days it might just be a symptom of "March Madness," the nickname for the hugely popular NCAA men's college basketball national championship tournament.

Wider coverage of the single-elimination tournament on the Internet is just one reason for the expanding interest in March Madness. This year, as many as 45 percent of Americans polled say they will enter at least one college basketball pool. Fans fill out brackets to pick the winners in the four 16-team regions of the country.

'March Madness' betting runs rampant in American offices

Last year, up to 37 million Americans paid money to join bracket pools. Jason Kint, senior vice president and general manager of CBSSports.com, saysdie-hard fans and novices alike try to predict the winners.

"And that's the fun part of the NCAA tournament, it's got aspect. And it draws in a much more, a broader audience, a lot of casual fans, that at some point throughout the tournament they are rooting on the teams that they have picked to make it through. So, believe, we promote just friendly fun and competition," he said.

Each correct prediction is worth a set number of points, with the value for correct picks increasing in each successive round.

64 teams in the tournament are whittled down to the so-called "Sweet-16," "Elite 8" and "Final-4." Those 4 teams meet in the semifinals in Detroit, Michigan for the right to advance to the championship game on April 6.

But what are the odds of filling out that perfect bracket? R.J. Bell of Pregame.com says the number of possibilities to guarantee a perfect bracket is an astronomical 9.2 quintillion."It's actually 18 zeros in a quintillion. There's a couple ways that I've attempted to quantify that. For example, if one bracket a second was filled out, it would take 292 trillion years to fill out all possible brackets," he said.

And if all of the possible brackets were filled out on standard paper and stacked on top of each other, how big would that pile be? "It would actually go from the earth to the moon and back, 1.1 million times," he said.

The games are televised nationally, but the Internet audience is rapidly growing. Jason Kint continues to see huge growth in CBSSports.com's March Madness On Demand feature, which allows free viewing of all the games in high-quality live streaming video.

"We had 165 percent growth in audience last year and now we are up 60 percent year-over-year this year," he said.

Although the legality of betting pools varies from state to state, experts estimate that billions of dollars are wagered on the tournament. But some employers frown on workers taking time away from their jobs to follow the games and keep track of their brackets.

For that, Iason Kint says March Madness On Demand has developed "the boss button."

"It's been a very popular feature over the years and this year we've got over 2.5 million people have now clicked on that button. When you put on it, it turns the entire player into a spreadsheet. It does give you a chance to shut down the player pretty quickly if the need arises."

Workers generally spend about 90 minutes a week on the pool, and studies say that reduces productivity. But R.J. Bell says smart businesses embrace March Madness.

"To me, that incremental loss of productivity may be well worth it for the team-building elements of the social connections. Innovative companies spend big money on team-building and they spend much more, most likely, than is going to be lost for those few days in the few hours that are spent on the brackets," he said.

And that higher morale can translate into even greater productivity. At least after the tournament is over.

die-hard:resisting vigorously and stubbornly to the last; stubborn(顽固的)

novice:a person who is new to the circumstances, work, etc(新手)

whittle down:to cut off (a bit).(削减)

wager on:打赌,压赌注

frown on:look disapprovingly upon(露出不悦之色,不赞成)

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(Source: VOA 英语点津编辑)

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