2.5 Billion in Illegal Bets on NCAA Tourney

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Funny how gambling at work doesn't get as much publicity by bosses. They tend to focus more on the loss of productive time and using company supplies. Office employees say they don't spend as much time as they used to because it is all online now and easier and less time consuming to track. Companies counter that by installing software to block these type of sites at work, forcing people to spend more time doing it the old fashioned way, themselves.

Bettors will stay up overnight to get a seat to watch the action in the Vegas sports books, and $80 million to $90 million is expected to be bet legally on the games in Nevada.

By one FBI estimate a few years ago, the office pools are worth $2.5 billion.

The above is the bigger stat to me. I don't personally care if it happens. We have all done an office pool or two I would think. Amazing how $5, $10, and $20 office pools can add up, especially when on the technical side it is illegal.