If so you'll probably be joining who knows how many millions of Americans in an activity that is growing by leaps and bounds. What I'll do here is give you a quick look at 3 different types as well as their advantages and disadvantages. Simply put, folks who agree to be in the pool contribute an agreed upon amount of money weekly into the pool.
All players then submit their picks for the games of the upcoming weekend.
NFL games are most frequently used because the schedule is limited to a max of 15 games, but I've had readers write to me who are involved in college pools as well. Whoever gets the most picks correct for that week wins the pot. Of course, someone has to be in charge of money collection, record keeping and handing out the winnings. Ties can be broken in a number of ways, the most frequent being, the use of the Monday Night over-under line. Just the straight up winners.