This story brings me back to the third grade. The wonderful year I won the spelling bee and decided to hustle “Now or Later” candies. This kid decided to start his own March Madness bracket pool(wish I knew what college basketball was back then) charging kids $5 to join. Some how officials got wind of it and this young bookie/loan shark’s run was cut short(another case of snitches taking out real players). Click below to read the rest of the story.
Max Kohll is 11, his favorite subject is math, and his fifth-grade gut tells him that the North Carolina Tar Heels are going to win it all this year. Max is so sure about the Tar Heels he didn’t want to let this insight go to waste — so the blossoming entrepreneur decided to organize his own NCAA tourney pool at Columbian Elementary in west Omaha this week. Fill out your brackets, Max told his friends. Bring your $5 entry fee to school. Winner gets half the pot, and second and third split the rest. Max was so sure of success that he hit up his mom, Janet Kohll, for a $5 loan to pay his own entry fee. No biggie, Max thought. What could possibly go wrong? That’s what Max asked himself Tuesday morning, when he made the long, slow march to the principal’s office. It turns out that Principal Kathy Nelson somehow figured out that Max had brackets and $10 hidden in his locker.It turns out that “you can’t gamble in school,†Max says. “It’s not OK to gamble. It’s like, illegal, sort of.†Max got off light, he thinks — Principal Nelson let him off with a stern talking-to and a promise never to do it again. Later, she came to his classroom and lectured his class.
