Reply #3: The one at my work operates thusly: [View All]

We all submit our predictions. (We ignore the "buy-in" game that happens early, since it's just two throwaway teams competing for the right to lose big against the No. 1 seed in the first round.)

(We submit predictions in "bracket" form, which would probably not be doable here, so somebody would need to type all of the match-ups into a workable list. We could then respond in a really long reply message.)

We get 2 points for each correct prediction in the first round, 4 for each correct in the second, etc., 6 for the third, through the title game. Winner is the person with the most points. If there's a tie, the winnings are split.

Since this isn't a cash pool, you'd need a tie-breaker.