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What is the best March Madness bracket scoring methodology?

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What is the best March Madness bracket scoring methodology?

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Our office pool is using Yahoo! Sports to manage our March Madness tourney picks. Yahoo! defaults to the 1-2-4-8-16-32 scoring system by round. After some discussion, we are considering using a custom scoring system with a Fibonacci sequence of 2-3-5-8-13-21 by round and awarding 1 bonus point for each underdog upset win, which can be setup in Yahoo. Would be curious if there are thoughts on better scoring methodologies.

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