There is no single venue for these games. Like other large basketball leagues they are spread throughout different cities across the United States. There is a prize pool of $170 million, which each Division I school receives a portion of. If they do well during March Madness tournaments their share of this fund can increase.
Those unfamiliar with the sport might consider college basketball to be somewhat amateurish. However, in recent decades sports teams in the NCAA have made this event an important date in the professional basketball calendar.
Online bookmaker websites all over the world analyze the performance of teams to determine their odds of reaching the number one spot.