A Calcutta auction is an open auction held in conjunction with a golf tournament, horse race or similar contest with multiple entrants. It is popular in backgammon, the Melbourne Cup and college basketball pools during March Madness.
A Calcutta auction is an open auction held in conjunction with a golf tournament, horse race or similar contest with multiple entrants. It is popular in backgammon, the Melbourne Cup and college basketball pools during March Madness.
Source: Wikipedia "Calcutta auction" · CC BY-SA 4.0
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