Perfect March Madness brackets dwindle into the hundreds
Key Points:
- The odds of creating a perfect NCAA Tournament bracket are extremely low, with over 99.999% of the 26 million-plus ESPN entries already busted after the first round, despite top seeds winning as expected.
- Kalshi is offering a $1 billion prize for anyone who predicts all 63 tournament games correctly, with 83 participants still perfect at the start of Friday’s games.
- Legal betting on the men’s tournament is expected to reach a record $3.3 billion, with significant wagers placed on favorites and underdogs alike, reflecting the tournament’s unpredictability and popularity.
- Duke, initially the betting favorite, fell to third place among futures bettors after a shaky start, with Arizona and Michigan moving ahead as top choices