March Madness is under way. We have 262 entries this year!!

Entry collection is underway. Still need to collect 2 entries as of 04/06.
Provided I can collect all of the entry money, here are the payouts.

Total money 262 x $5 = $1310 - minus $40(website fee + covering credit card fees) = Total prize money $1270.

Prizes (tentative)
1st - $635.00 (50%)
2nd - $317.50 (25%)
3rd - $190.50 (15%)
4th - $127.00 (10%)

Scoring
1 - 1st Round
2 - 2nd Round
3 - Sweet 16
5 - Elite 8
6 - Final 4
8 - Championship