Post-Sweet 16 SGP "Market Madness" Update

Coming off an exciting Sweet 16 weekend in the 2021 NCAA tourney, we’re back with a Sports Gambling Podcast “Market Madness” update.

As a refresher, our show hosts/contestants began “Market Madness” with a fictional $300 to invest on teams for weekend one. By rule, they had to select at least one team from five categories of #1 seeds, #2-5 seeds, #6-9 seeds, #10-12 seeds, and #13-16 seeds.

They could invest in single or multiple shares (no more than three) of as many teams as possible provided that they stayed under the fictitious $300 cap. Teams scored two points in each win that weekend and also added points based on their margin of victory in each win.

That meant that their surviving teams’ “value” would grow for their portfolio. Then, contestants had the chance to discard teams that lost and then, re-use the original purchased price of those teams to re-invest in teams still alive. (Example: Selling a share of Illinois gave you $30 back to spend).

This, while staying under the now increased $400 spending cap for weekend two.

So, here were the standings at the end of weekend one:

Market Madness Leaderboard Through First Weekend

“Wolo and Stats” afternoon show on “Sports56 WHBQ” radio in Memphis 774 points

(Gonzaga x3, Baylor x3, Bama, FSU x2, OK St, USC, VA Tech, Ohio U x2)

Vince Ferrara, host, “99.1 FM, The Sports Animal” in Knoxville, TN 675 points

(Gonzaga x2, Illinois x2, Baylor, Bama x2, Iowa, Ark, FSU, LSU, SD St, Winthrop x2, Ohio x 2)

Steve Carney, StPete9.com and “Under the Orange Roof” podcast 654 points

(Gonzaga x2, Michigan x2, Baylor x2, Illinois x2, Ark, TX Tch, G’town, Rutgers, Iona)

Chris Dobbertean “Blogging the Bracket.com” 604 points

(Gonzaga x2, Baylor, Illinois, Tenn, Bama, Ohio St, Texas, FL, LSU, USC, Rut, Winthrop, ‘Cuse, UCSB, Ohio U, N. TX)

Jason Powers “Powers on Sports” podcast 583 points

(Gonzaga x2, Illinois x2, Texas, Bama, FSU x2, Ohio St, UNC, USC, Oregon, VA Tech, Rut, Ohio U, UCSB)

T.J. Rives “3 Dog Thursday” podcast 583 points

(Gonzaga x2, Illinois x2, Bama x2, Ohio St x2, Ok St, Hou, Oregon, UNC, G’town, OR St, Liberty, Morehead St)

Colby Dant “The College Experiecne” podcast 579 points

(Baylor, Gonzaga x2, WVU, Bama, Oregon x2, UConn, TX Tech, SD St, G’town, Colgate x2, Ohio U. x3)

Thomas Bridges “The Jones Report” podcast 564 points

(Gonzaga x2, Illinois x2, Texas, FSU x2, Bama, Ohio St, UNC, USC, Rut, VA Tech, UCSB x2, Ohio)

Tyler Jones “The Jones Report” podcast 550 points

(Gonzaga, Baylor, Illinois, Bama, Texas, Kansas, OK St, Ohio St, Iowa, FSU, Oregon, LSU, SD St, OR St, G’town, Colgate)

Gary Segars “Winning Cures Everything” podcast 528 points

(Gonzaga, Baylor, Illinois, Bama, Houston, Iowa, Texas, SD St, BYU, USC, UConn, Loyola-Chi, LSU, Utah St, Winthrop, UCSB, Ohio, Colgate)

Marquis Johns “Big Fight Weekend” podcast 523 points

(Michigan x3, Baylor, Gonzaga, Illinois, Kansas, Oregon x2, Maryland, Liberty x 2)

Sean Green “Sports Gambling Podcast” 461 points

(Michigan, Illinois, Ohio St, Villanova, Texas, Houston, WVU, TX Tech, Loyola-Chi, LSU, UNC, Oregon, Mich St, ‘Cuse, VA Tech, UCSB, Colgate, Iona, Oral Roberts, Mt. St Mary’s, Drexel)

DeShaun Tate, “Tates Take…where basketball lives” podcast 442 points

(Gonzaga x 2, Illinois, Purdue x2, FSU, Iowa, Houston, Texas, SD St, UConn, TX Tech, Drake, G’town, Ohio x2, Iona, Liberty)

Ryan Kramer “Sports Gambling Podcast” 441 points

(Gonzaga x2, Illinois, Purdue x2, Texas, Kansas St, OK St, Oregon x2, UConn x2, VA Tech, UCSB, Oregon St, Ohio U x2, Grand Canyon x2)

And then….

New Market Madness Team Values for the Sweet 16/Elite 8

Gonzaga $93

Baylor $71

USC $69

Michigan $58

Houston $58

Villanova $57

Alabama $56

UCLA $53

FSU $52

Loyola-Chi. $43

Arkansas $43

So, our contestants “discarded” their losing teams and re-invested staying under the $400. And, here is the new leaderboard headed into the beginning of Elite 8 action on Monday night,