You receive points for every game you get correct, calculated as:
Fixed Round Points + (Round# X Seed#) Points
Fixed Round Points
3rd Round = 4 Points 4th Round = 8 Points 5th Round = 16 Points 6th Round = 32 Points (You Picked the Champion!)
(Round# X Seed#) Points
Round# = 3, 4, 5, or 6 Seed# = 1 through 16
SCORING EXAMPLE
You pick Wisconsin (a 4th seed) to beat Butler (an 8th seed) in the 3rd Round.
When they win, you will receive points for this game as follows:
FIXED ROUND POINTS = 4 Points (3rd Round Victory)
(ROUND# X SEED#) POINTS = 12 Points (3rd Round TIMES 4th Seed)
---------
TOTAL FOR THIS GAME = 16 Points
PAYOUT
The Second-Chance Pool payout is $100.
At the end of the tournament, total points will determine the single winner. In the case of a tie, the player with the closest total score in the Championship Game will rank higher in the standings.
As stated above, you cannot win the Second-Chance Pool if you end up "placing" in the Main Pool. If that were to occur, I will move down the standings until I find the first person who did not "place" in the Main Pool.