e-Madness is a software platform that enables easy bidding for casual sports tournaments among friends. It is specifically created for this purpose and provides a convenient and user-friendly interface.
Until now, office, school, or local bar sports tournament pools have been limited to well-known bracket formats. These formats only allow the winner of the entire tournament to hold the bragging rights and, in many cases, the winnings of the informal wagers. e-Madness changes that with its simple premise, based on an auction-style tournament format.
e-Madness is a powerful tool that allows friends to plan, create, and run private, peer-to-peer web-based auctions for any sports tournament. Here's how it works:
1. All the teams (or players) of the tournament are auctioned to the highest bidder during the time the auction is hosted online.
2. All the bids are combined to create the total payout pot.
3. The highest bidder of each team "owns" that team for the entire tournament.
4. For each round that a team advances, a percentage payout of the total pot is paid to the "owner" of the team.
Overall, e-Madness is an excellent application that is perfect for sports fans who love to bet on their favorite teams. It is user-friendly, intuitive, and makes sports betting a whole lot more fun. The only limitation is that it comes with a five-day trial period.
Version 1.0: N/A