March is almost officially here, but the madness has long since begun.

“March Madness” is the event most anticipated by college basketball enthusiasts. Unlike college football, it’s a time when all teams—or at least the 65 qualifiers—have a chance, albeit a small one for most, at a national championship.

It is also a time for self-proclaimed experts, novices and those who don’t know a Volunteer from a Commodore to donate their money to an office pool for the opportunity to predict the eventual winner and walk off with the cash.

This is hardly an exact scienc...

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