Wall Street Is Betting on UConn, Gamecocks to Win March Madness
- Early losers after the first day include No. 3 seed Kentucky
- 100% of brackets have Gamecocks and Iowa in Women’s Final Four
Photographer: Jared C. Tilton/Getty Images
Some of Wall Street’s biggest names are betting that the University of Connecticut will defend its national championship title in this year’s NCAA March Madness tournament, and hoping the University of South Carolina women’s team will remain perfect in a so-far undefeated season.
Among the 58 participants for this year’s Bloomberg Brackets for a Cause charity competition, each person pledged $20,000 to pool a total of about $1.1 million dollars to be donated to various charities split between the top three brackets in both the men’s and women’s tournaments.