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Calcutta Calcutta Auction
 
Bracket
Payouts Since 2000
Rules
17th Annual Men's NCAA Basketball Tournament Calcutta Auction
2016 Payouts
Total Handled $120,950.00
Playable Pot $108,855.00
CF Donation $12,095.00
Teams Pot % Place  
Per Position
Per Team
1 25% 1st   $27,213.75   $27,213.75
1 12% 2nd   $13,062.60   $13,062.60
2 19% 3rd & 4th   $20,682.45   $10,341.23
4 14% 5th - 8th   $15,239.70   $3,809.93
8 16% 9th - 16th   $17,416.80   $2,177.10
16 14% 17th - 32nd   $15,239.70   $952.48
$108,855.00
PLAYABLE POT
 
Total donations for 2016
CFF Donation from Calcutta auction $12,095.00, 50/50 tickets [$475],
additional donations: Red's Employees [$500.00], Corn Fed [$475], Ask Upholstery [$25.00]
Total of $13,570.00 for Cystic Fibrosis as of 03-17-2016.
 

Thanks to everybody who particpated this year and hope to see you again next year.

2016 Calcutta Draw/Results
Seed Team
Amount Bid
MW13 Iona $450.00
W9 Cincinnati $650.00
E16 Florida Gulf Coast $125.00
S12 South Dakota St. $475.00
MW12 Little Rock $500.00
W14 Green Bay $375.00
E13 Stony Brook $250.00
S8 Colorado $725.00
MW8 Texas Tech $700.00
W6 Texas $1,250.00
E10 Pittsburgh $750.00
S6 Arizona $1,750.00
MW16 Hampton $75.00
W7 Oregon St. $850.00
E5 Indiana $1,950.00
S15 UNC-Asheville $300.00
MW5 Purdue $2,300.00
W16 Holy Cross/Southern U $100.00
E11 Michigan/Tulsa $750.00
S5 Maryland $2,800.00
MW3 Utah $2,450.00
W8 Saint Joes $1,300.00
E2 Xavier $3,000.00
S10 Temple $850.00
MW9 Butler $900.00
W3 Texas A&M $2,700.00
E15 Weber St. $300.00
S4 California $1,900.00
MW15 Middle Tennessee $150.00
W10 VCU $1,350.00
E12 Chattanooga $600.00
S2 Villanova $2,900.00
MW1 Virginia $4,400.00
W5 Baylor $2,450.00
E8 USC $900.00
S9 UConn $900.00
MW11 Gonzaga $900.00
W13 UNC-Wilmington $400.00
E4 Kentucky $3,500.00
S7 Iowa $1,750.00
MW14 Fresno St. $300.00
W11 Northern Iowa $1,100.00
E6 Notre Dame $1,300.00
S1 Kansas $10,100.00
MW7 Dayton $850.00
W4 Duke $2,550.00
E14 SF Austin $500.00
S3 Miami (FLA) $2,800.00
MW10 Syracuse $500.00
W12 Yale $450.00
E3 W. Virginia $4,700.00
S16 Austin Peay $50.00
MW6 Seton Hall $1,700.00
W1 Oregon $6,800.00
E9 Providence $1,200.00
S14 Buffalo $300.00
MW4 Iowa St. $2,700.00
W2 Oklahoma $5,100.00
E7 Wisconsin $1,300.00
S11 Wichita St. $1,800.00
MW2 Michigan St. $13,000.00
W15 Cal-Baker $125.00
S13 Hawaii $1,400.00
E1 North Carolina $9,600.00
$120,950.00
$12,095.00
$108,855.00
 
The Red's Bar - Cystic Fibrosis Calcutta Auction is a fun way to wager against your friends (or foes) to try to win the bid for your favorite NCAA Division I Men's Basketball team and win the big cash prize, and at the same time donate to the Cystic Fibrosis Foundation.  
Payouts Since 2000
Rules
How It Works:
All Sixty-eight (68) teams in the NCAA Division I Men's Basketball Championship Tournament will be auctioned off. 10% of the TOTAL BID goes to the Cystic Fibrosis Foundation and 90% of the TOTAL BID goes into the "Pot".
Payouts:
1st wins 25% of the Pot; 2nd wins 12% of the Pot; 3rd & 4th split 19% of the Pot (9.5% each of the Pot); 5th - 8th split 14% of the Pot (3.5% each of the Pot); 9th - 16th split 16% of the Pot (2% each of the Pot); 17th - 32nd split 14% of the Pot (0.875% each of the Pot).
Red's Bar - Cystic Fibrosis Foundation NCAA Men's Division I Basketball Tournament Calcutta
50-50 Tickets
$1,075,805.00 $968,224.50 $107,580.50 $49,977.91 $13,278.00 $6,639.00 $164,197.41
 
100% of Bid
90% of Bid
10% of Bid
Event
Year
Calcutta Bid
Playable Pot
CFF Contribution
Other
Pot
Donation
Total Donations
1st   2000   $10,400.00   $9,360.00   $1,040.00 $1,040.00
2nd   2001   $24,955.00   $22,459.50   $2,495.50 $2,495.50
3rd   2002   $39,360.00   $35,424.00   $3,936.00   $2,670.00 $6,606.00
4th   2003   $41,645.00   $37,480.50   $4,164.50   $1,895.00 $6,059.50
5th   2004   $55,275.00   $49,747.50   $5,527.50   $3,770.00 $9,297.50
6th   2005   $58,730.00   $52,857.00   $5,873.00   $2,150.00   $1,753.00   $876.50 $8,899.50
7th   2006   $55,670.00   $50,103.00   $5,567.00   $1,380.00   $1,609.00   $804.50 $7,751.50
8th   2007   $64,645.00   $58,180.50   $6,464.50   $1,695.00   $1,420.00   $710.00 $8,869.50
9th   2008   $74,350.00   $66,915.00   $7,435.00   $1,320.00   $1,265.00   $632.50 $9,387.50
10th   2009   $79,565.00   $71,608.50   $7,956.50   $485.00   $1,253.00   $626.50 $9,068.00
11th   2010   $68,910.00   $62,019.00   $6,891.00   $26,000.00   $880.00   $440.00 $33,331.00
12th   2011   $74,610.00   $67,149.00   $7,461.00   $0.00   $2,212.00   $1,106.00 $8,567.00
13th   2012   $88,075.00   $79,267.50   $8,807.50   $1,740.00   $1,234.00   $617.00 $11,164.50
14th   2013   $103,625.00   $93,262.50   $10,362.50   $2,418.00   $0.00   $0.00 $12,780.50
15th   2014   $114,515.00   $103,063.50   $11,451.50   $2,347.53   $780.00   $390.00 $14,189.03
16th   2015   $121,475.00   $109,327.50   $12,147.50   $2,167.38   $872.00   $436.00 $14,750.88
17th   2016   $120,950.00   $108,855.00   $12,095.00   *$1000.00   $950.00   $475.00 *$13,570.00
* = incomplete
CALCUTTA AUCTION RULES:
1. All 68 Teams in the NCAA Division I Men's Basketball Tournament will be auctioned off to the highest bidder.
2. Each TEAM will be drawn randomly.

3. 10% of the TOTAL BID will be donated to the Cystic Fibrosis Foundation. 90% of the pot will be paid out to the participating bidders.

4. 30 second time-outs may be used by bidders as needed.

5. Persons may not bid or wager money on any elementary school or high school event.

6. The underlying event has more than two entrants.

7. One Spokeperson per Bid Number; Responsible for All Bids Won.

8. HAVE FUN!!!

 
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