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March Madness pools are a form of sports betting based on the annual NCAA Men's Division I Basketball Championship each spring in the United States.
The public's increasing interest in this event is fostered by March Madness pools, or brackets. A bracket is a form that can be completed on-line or printed out and completed by hand whereby the participant predicts the outcome of each game in the tournament.
His or her predictions are compared against others in the pool, and whoever has the best prognostication skills wins the contest.
The tournament takes place over three weekends starting soon after the middle of March.