- The March Madness Perfect Bracket Contest opens on Monday, March 14, 2011 and closes on Thursday, March 17, 2011 at 12:15 PM EST. All entries after this point will be considered void and will not be eligible for any of the prizes below.
- The contest begins with Round 2 of the 2011 Men's NCAA Basketball Tournament on Thursday, March 17, 2011.
- In order to be eligible for any prizing, you must correctly enter your Username and Password. If you enter an incorrect Username or Password, your selections will not be properly saved.
- In order to qualify for any winnings, members must wager at least $20.00 on each of the six rounds of the 2011 Men's NCAA Basketball Tournament.
- The dates of the rounds are as follows: Round 2 (March 17 & 18), Round 3 (March 19 & 20), Round 4 (March 24 & 25), Round 5 (March 26 & 27), Round 6 (April 2) and Round 7 (April 4).
- In order to qualify for the $1,000,000.00 prize, all tournament games must be selected.
- Globalsportsnetwork.com reserves the right to amend this promotion at any time.
- Only one entry per person, per household is allowed.
About The Gramd Prize Pool
- The Grand Prize is 1 Million Dollars (US $1,000,000.00) and it will be awarded to the person who correctly predicts every winning team in the Bracket and scores 192 points.
- The Grand Prize shall be paid in monthly installments of $4166.67 over a period of 20 years.
- The Grand Prize must be claimed by the member(s) by midnight EST on April 18, 2011. If the Grand Prize is not claimed within this period, it will be forfeited.
- The first payment will be paid on May 1, 2011 and each subsequent payment shall be paid in exactly one month's time until all payments are made in full.
- If two or more members predict a perfect bracket, the prize will be evenly split amongst all winning members.
About The $10,000.00 Prize Pool
- In addition to the Grand Prize, we will offer a guaranteed prize pool of $10,000.00, which will be awarded to the contestants who accumulate the most points as described below.
- If the $1,000,000.00 Grand Prize is awarded, the $10,000.00 Prize Pool will not be awarded.
- If numerous contestants tie, the winnings will be split along with the next lowest prize. For example: If two contestants tie for first with 160 points, they will split the 1st and 2nd Place prizes; the contestant with the next highest point total will win the 3rd Place prize.
- Winnings will be deposited into our member's account within 72 hours after the completion of the 2011 NCAA Men's Championship Basketball game.
$10,000.00 PRIZE POOL:
1st Place - $5,000.00 | 2nd Place - $3,000.00 | 3rd Place - $2,000.00
Points System:
- 1 point for every correct selection in the 2nd Round
- 2 points for every correct selection in the 3rd Round
- 4 points for every correct selection in the 4th Round (Sweet Sixteen)
- 8 points for every correct selection in the 5th Round (Elite Eight)
- 16 points for every correct selection in the 6th Round (Final Four)
- 32 points for picking the winner of the Championship Game (Round 7)
GENERAL HOUSE RULES APPLY
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