March Madness and Other Bets Are On at the Office

If you're a guy in the Midwest, chances are you'll be wasting valuable office time today working on your March Madness office pool picks. A recent pool from CareerBuilder shows that one in five (20 percent) of all U.S. workers have participated in a collegiate basketball championship office betting pool, with some demographicss much more likely than others to be involved.

The opening round of March Madness starts on March 15, and, since many games are played during the workday, it's not only the betting that is distracting from work, but the watching and the score-checking as well. And workers can be more subtle than ever, with Internet feeds, smart phones and tablet devices.