3/11/2024 0 Comments Calcutta auction laws![]() Origins and Fundamentals of Calcutta AuctionsĪ Calcutta auction is an open auction held jointly with any single-elimination tournament or competition with multiple entrants. Think of a Calcutta action as a traditional March Madness bracket with a brainy spin, where participants’ considerations aren’t only picking winners, but also balancing the myriad complexities of the free market. For those looking to take their March Madness betting to a whole new level, there’s an increasingly popular alternative to the familiar routine of filling out an NCAA bracket every March: the Calcutta auction.Īs you’ll learn, the structure of a Calcutta auction forces participants to blend the skills from many different domains they aren’t nearly as simple as filling out a bracket or even laying down a wager at a sportsbook.
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