• March Madness Rate of Return

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    With the Florida Gator’s win over the Ohio State Buckeyes last Monday, I managed to claim a share of the third place prize of my office pool.

    That amounted to $15 – a 3-fold return of my original investment of $5. Not bad.

    In years past I’ve had varying luck with March Madness pools. My worst performance was in college, when I put in $30 and got exactly nothing in return. My best performance was in grad school, where a measly $4 bet resulted in an $80 windfall (hey, it IS a windfall when you’re a poor grad student).

    How did you do this year in your March Madness pools? How have you done in years past?

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