As the college basketball fans awaits best four days of the year, I am sure that there are some people out there that are struggling to finalize their office pool bracket. As they stress about which No. 12 seed team to select in an first round upset or which dark horse team to advance to the Final Four, it is natural to have one of two related thoughts: "What if this winds up being exactly how the tournament actually plays out?" or "What are the odds to correctly pick the results of the entire tournament?" This is a question that a lot of people have tried to answer over the years, myself included. As we will see, this is actually a much more complex question than it might appear on the surface. It is also a question that a lot of smart people don't get right. But I think that I have found the answer. There is one extremely simple way to think about this problem. If you assume a person is simply randomly guessing on the winner of each game, the odds are very...