The Simple Dollar Weekly Roundup: Bracketology Edition

A lot of people out there are busily filling out NCAA tournament brackets for their (friendly) office pools. I’m pretty obsessive about college basketball and thus I have my own secret industrial-strength methodology for my own bracket, but I usually offer some good advice to anyone who doesn’t know the first thing about the NCAA tournament and is trying to fill out a bracket to fit in. Here’s the game plan:

For the first two rounds, pick the higher seed every time. This will leave you with a Sweet Sixteen of nothing but 1, 2, 3, and 4 seeds.

For the rest of the tournament, pick the team with the most wins, regardless of seed.

For this year’s tournament, that would give you a title game of North Carolina versus Memphis, with Memphis winning it all.

While this probably won’t give you the winning bracket, it will give you a bracket that will do respectably well in any competition.

Another option, if you want to really research things, is to go through the bracket and write down how many of the team’s last fifteen games they won. You can get that easily at ESPN.com or another sports site. Then, pick your winner of every game based on that number, with the team with more wins in the last fifteen always coming out on top. If they have the same number, pick them based on overall wins. In fact, this is actually not too far off my own personal strategy.

Good luck! Here are some interesting articles worth reading!

How to Recover From a (Big) Mistake at Work Excellent career advice. Every one of us will eventually make some sort of large mistake in the workplace. (@ dumb little man)

Excited and Scared: One Week as a Full Time Blogger J.D. and I made the leap to writing full time at almost exactly the same moment. Here are his reflections after week one of doing this full time. (@ get rich slowly)

How to Motivate Yourself Without Hard Deadlines My technique is to create artificial hard deadlines for myself and enforce them strictly. (@ pick the brain)

90% Off Is Not A Deal If You Don’t Need It Quite often, a reader will send me a note about some unbelievably great deal that they found on some tchotchke online somewhere, and then get offended when I don’t post about it. Here’s the scoop: it’s still stuff you don’t need to be spending your money on, even if it’s stuff with a big discount. (@ wise bread)

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