probability was my key
It was a blind draw auction format. $40 to enter the contest. 10 players. Half of the pot goes to points leader, other half goes to champion.
Teams are randomly drawn from a hat and then auctioned off. You spend your $40 to bid and buy teams. When your $40 is gone, you can't get any more teams.
You earn points based upon your team's seeds. Eg, a #10 seed earns you 10 points if it wins a game,...a number 15 seed earns you 15 points. A number 1 seed earns you 1 point.
My strategy was to only bid on #7, 8, 9, and 10 seeds. That maximizes my points per win while minimizing my risk of not getting enough bank for my buck when the higher ranked team wins, compared to alternative matchups.
Not really all that complicated. I figured I would emerge from Round 1 with a good number of points, and would just need a couple of wins thereafter.
I actually ended up losing every second round game....except for Syracuse!