March Madness–the explosion of office betting pool activity based on the annual NCAA Basketball Tournament–is almost upon us. Selection Sunday, when the NCAA announces the 65 teams in the tournament, is March 15, just three days away. This will end the (largely manufactured) frenzy of media speculation about “bubble teams” that are teetering between selection and rejection. The athletes will actually begin playing on March 17, when two teams will meet in the “play in” game for the honor of becoming the #16 seed that will be eliminated by the #1 seed in that region during the first round...
