www.SportsBetting.com, the Internet sports wagering operator has announced this year’s ‘Hoop Madness’ - a free contest on this year's NCAA college basketball tournament.

This year’s “Hoop Madness” announced

www.SportsBetting.com, the Internet sports wagering operator has announced this year’s ‘Hoop Madness’ - a free contest on this year's NCAA college basketball tournament.To win the dosh prize, users have to log on Sportsbetting.com before March 18, 2004 and predict the winner of each of the 63 games that make up the March Madness basketball tournament. The winners are split into three categories. Any contestant who predicts correctly 60 or more games wins $500,000 in cash. Any contestant who predicts correctly 57 to 59 games wins $20,000 and any contestant who predicts correctly 55 or 56 games correctly wins $1,000. Consolation prizes include a 60-inch Projection TV, digital cameras, CD/MP3 Player and six $100 betting accounts. The minimum and maximum sports wagers are US $10 and US $2,200 respectively.According to the website owned by Real Entertainment and operated by the government of Antigua, Omar Fontenboa of Elmhurst, New York won the Hoops Madness last year. Although Omar failed to predict 55 or more games correctly, he went home with 50-inch Projection Television for obtaining the highest score. Several thousands contestants participated.