BetMGM Promising $10M for Ever Elusive Perfect NCAA Tourney Bracket

It is the holy grail of sports wagering — yes the office pocket billiards ledger entry fees are considered bets. That beingness the hone NCAA Tournament bracket.

Should anyone accomplish the extremely unconvincing though not out of the question feat on BetMGM’s free-to-play gritty this year, the sportsbook manipulator will repay that contestant with a cool $10 million.

BetMGM wandering customers can contend for a $10 meg grand treasure past predicting the hone bracket. The free-to-play repugn is useable inward the BetMGM wandering app, customers put up log inward to select their bracket entries,” according to a statement issued past the gaming company. “If a perfect bracket is non picked, the player (or players) that accumulate the to the highest degree points past selecting the to the highest degree boilersuit right picks throughout the tourney testament follow rewarded with upwardly to $100,000 inwards guaranteed prizes.”

While the tournament plectron ‘em mettlesome is discharge to romp BetMGM is leveraging the arriver of March Madness — unity of the most wagered on domestic sporting events — to come-on young customers and ride more business sector from existing clients. The manipulator is promising new customers upward $1,000 backwards inward fillip wagers if their number 1 play on the political platform is a loser. Likewise, over the course of instruction of the tournament, “customers testament follow awarded odds advance tokens, fillip bets and parlay tokens for select games.”

BetMGM Prize Peanuts Compared to Rival 2022 Offer

No i is sledding to flout at $10 million, but the whirligig treasure offered by BetMGM is pennies on the dollar mark compared to the $100 million for a hone angle bracket offered past Bally’s in conclusion year.

Companies offering plushy prizes for unflawed NCAA Tournament brackets tin come so because the betting odds are stacked against contestants. The list of possible outcomes on the wall bracket is 9.2 quintillion, according to the NCAA.

“If we treated the odds for for each one gamy as a coin flip, that makes the betting odds of picking all 63 games aright 1 in 9.2 quintillion. Again, this is not a completely exact mental representation of the odds, as any knowledge of the sportswoman or tournament’s account improves your chances of picking games,” notes the college athletics governing body.

Think you’re a college basketball expert? That shortens the betting odds of a hone bracket to a noneffervescent intimidating 1 inward 120.2 billion. Consider this: The odds of winning a Powerball drawing are 1 inward 292.2 million.

Other NCAA Tournament Odds, Ends from BetMGM

With last week’s debut in Massachusetts, BetMGM is taking sports wagers in 19 states, Washington, DC and Ontario, Canada.

As of betimes Monday, the operator’s biggest liabilities are Kansas, UCLA and Purdue. In terms of hold percentage, the top side trio are Kansas, Samuel Houston and UCLA spell the parliamentary procedure is the same for the cover deuce-ace inwards terms of currently processed tickets at BetMGM. Kansas River and UCLA are the cover deuce seeds inward the Mae West Region, meaning it’s possible that they’ll human face cancelled with a activate to the Final Four on the line, reducing BetMGM’s liability to single of those sides in the process.

BetMGM is evenly controlled by MGM Resorts International and Entain Plc.

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