ESPN, CBS, and all of the other major online bracket game admins I’m aware of use a 32 base scoring system, which I absolutely hate. I use a 1-2-3-4-5-6 scoring system for my family bracket pool, which works far better imo. Picking the champion and Final 4 teams should be important, but it shouldn’t be literally the only thing that matters. 32 base creates a massive golden snitch problem.
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I prefer a hybrid, something like 1-2-4-6-8-12, but would choose your way over the typical website scoring.