What is March Madness? It’s the most exciting time of the year for NCAA Men’s College Basketball when the best of the best college basketball teams from across the country are chosen to play against each other each year to prove they are the best in the nation.
This NCAA Men’s Division I Basketball Championship Tournament is better known as March Madness across the country. This college basketball tournament began in 1939. Over the years it has seen many changes and is nothing like its original form. But the final results have not changed. It still crowns the last winning team the “College Basketball National Champion.”
It is one of the most watched and wagered annual sporting events, legally and illegally, in the United States. The estimated odds of predicting and picking a perfect March Madness group are out of this universe. Even though the Voyager One and Voyager Two spacecraft are close to inner stellar space some eleven billion miles away, this number is only a fraction of a fraction of a fraction of the odds of creating a madness cluster of gait perfect.
The estimated odds of accomplishing such a feat are 1 in 9,223,372,036,854,775,808 or, more easily, over 9.2 quintillion to 1. These odds seem to make the odds of winning the jackpot in the Powerball Lottery or the Mega Millions lottery at 175 million to 1 are very winnable. No matter how much money is available to win in the Mega Millions lottery, the March Madness NCAA basketball brackets are more popular than the Mega Millions results during the month of March.
An estimated one in ten Americans fill the March Madness NCAA basketball brackets based on the men’s college basketball rankings that have been decided based on varsity play during the college basketball season.
More money is wagered during the first four days of the men’s college basketball March Madness Tournament than in the single-day sporting event known as the Super Bowl. The FBI estimates that $2.5 billion is wagered illegally, while Las Vegas sportsbook operators suggest $80-$90 million is wagered legally.
This amount of money is less than the Powerball and Mega Millions bets that are made during the month of March with their multiple draws. But it’s clear that more people on the internet are looking for March Madness results than Powerball results or Mega Millions results. Based on the dollar amount of the Powerball jackpot and/or Mega Millions jackpot, the total amount of money wagered in these lotteries will be determined. Obviously, higher jackpot amounts will attract more money to bet.
The national champion March Madness men’s basketball team will go down in history and millions of basketball fans, especially the coach, team players, college student body, alumnae, and college basketball fans in particular will remember the winner’s name. Unfortunately, hardly anyone will remember or even know the names of lottery winners who may have correctly chosen all the matching numbers from the Powerball or Mega Million winning results.