How to Play the March Madness Office Pool
From: MainStreet.com
The NCAA basketball tournament is set to tip off, and for the next three weeks some 37 million coworkers, basketball fans and non-basketball fans alike, will unite in March Madness by joining an office betting pool.
The NCAA tournament brackets may be 65 squares meaning nothing (to some), but fill them in with enough winning college teams, and you could find yourself with a nice windfall (of Monopoly money, of course). At the same time, the odds are against most companies' bottom lines. Millions of workers are expected to follow this week's afternoon hoops action on CBS, CBS.com(CBS Quote) or ESPN.com(DIS Quote). In fact, the Chicago-based placement firm Challenger, Gray & Christmas, Inc. estimates that this year's March Madness could cost employers more than $1.7 billion in lost productivity.
At least companies can cut back on their corporate retreat budgets: March Madness is about team building, says Trev Rogers a sports handicapper with BetVega.com . ...
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