SportsInsights sponsored a March Madness pool run by the Univ. of Chicago — where the games are modeled as a financial marketplace. The pool is run round-by-round — and the results have produced interesting “pricing” that can be used as a proxy for “probabilities” of a team advancing to the next round.
For more information on the pool, please visit CARATcapital.com. The current standings for the pool — with SportsInsights’ Chris L in first place — can be found here as well.