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High Point's upset starts run of 4 wins by double-digit seeds, busting March Madness brackets - AP News
Overview
High Point’s upset and the run of double-digit seed victories have already busted millions of brackets and reshaped second-round betting dynamics. The New York Fed report underscores how unexpected results like these can produce sudden, concentrated losses for casual bettors during events that draw heavy wagering. Upsets increase market volatility, so bettors should account for surprise outcomes when assessing risk.
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