The Dagger

  • Why don't casinos take bets on NCAA tourney brackets?

    Jay Busbee at The Dagger11 hrs ago

    Every year, the faithful journey to Las Vegas to lay down March Madness money, and every year, they target their own schools and perhaps that fabled 5-12 upset. But why don’t Vegas casinos, the heart and soul of gambling in this country, offer up some kind of overall bracket challenge?

    You’d think a full bracket game would be an easy way for casinos to make money, given how many brackets get busted like eggshells by the tournament’s first Friday. Heck, if the guy over in Human Resources can whip up a pool with a copy machine and a coffee can, surely a multimillion-dollar casino operation could do so. No-brainer, right?

    Wrong, as it turns out. The limitations are both logistical and technological, according to Jay Rood, VP of Race and Sports at MGM International.

    At the moment, MGM does not have the software capable of handling thousands of complete-bracket bets. Think about what’s involved in entering a single bracket – 63 different games – then consider thousands of similar brackets all hitting the system at once. It’s a technological hurdle MGM hasn’t yet cleared.

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