Bettors have until this Thursday, March 28 to submit their brackets for the upcoming NCAA March Madness Sweet 16 Bracket Contest, for a share of a $16,000 prize pool.

Win a share of a $16K guaranteed prize pool by betting on March Madness in the Bet Phoenix NCAA Sweet 16 Bracket Contest. Running from last Thursday, March 21 through this Thursday, March 28 at 9:00 pm ET.

To submit your bracket you must fill out the form at www {dot} bigsportscontest {dot} com and login with your Bet Phoenix sportsbook login information.

Every account that has a deposit on record since at least November 28, 2012 will receive 1 entry into this contest. Extra entries are given for every $200 deposited between February 1 and March 28, 2013 by 8 pm ET. But while players can enter multiple times they can only win one prize, that being the highest valued one for which they are eligible.

The top 50 players and the worst performing player get paid out. First prize in this contest is $2,500. Second place gets $1,500. Third gets $1,000. And down to $125 each for 41st through 50th, and then the consolation prize for worst performing participant is $100 for “Dead Last Place”. All prizes must be played through 8x before any withdrawal from the account is permitted.

Places on the leaderboard will be based on accuracy of the selections and timing of entry, so the sooner you enter the better.