March Madness Auction

What is a March Madness Auction?

A March Madness auction is a fun tournament format where participants bid on teams in a live auction. The highest bidder for each team owns that team for the duration of the tournament. All play money spent at the auction goes toward the pot — and the participants with the most wins at the end take home the prize.

The auction is live and requires all participants to be present. The Auction Admin will run and manage the auction.

Basic Rules

• 💰Each participant starts with the same budget to spend across all bids.
• 👥Max 8 participants — each participant ends up with 8 teams.
• 🎯Decide who goes first (last year's winner, oldest, shortest, etc.).
• 📢The first person chooses which team to put up for bid.
• 🔨The Auction Admin displays the team and takes bid requests from participants.
• 🏆The highest bidder on a team owns that team for the tournament.
• ⛔Teams must be owned wholly by one participant — no split ownership.
• 🔄The winning bidder then chooses the next team to put up for bid.
• 🔁This repeats until all teams have been bid on.
• ⭐Participants earn 1 point every time their team wins a game.
• 🥇The participant with the most points at the end of the tournament wins!

After the Auction

Once all teams are sold, participants can log into the March Madness Auction app to:

• 📊 Track the leaderboard and see who's winning
• 🗓 Follow the full bracket and game results
• 📈 Watch win counts update automatically as games complete

Team results and bracket data are automatically pulled and updated via the ESPN API.