The document summarizes the results of a survey on office betting pools. Key findings include that 82% of respondents said colleagues participate in betting pools, with March Madness basketball being the most common event bet on. Some saw betting pools as unproductive or stealing time, while others saw them as team building. Attitudes from managers ranged from outright bans to actively participating. Most saw betting pools as harmless fun among colleagues.

1. www.vault.com 2011 The Vault Office Betting Survey ABOUT US AUDIENCE PRODUCTS & SERVICES

2. Betting Pools Are Everywhere www.vault.com 82% of respondents say their colleagues participate in betting pools “It's like speeding - if everyone is going to bet on who is going to get fired, it probably shouldn't be allowed. When the entire country participates in March Madness, it's a bit ridiculous to outlaw it. “ Vault Office Betting Survey 2011

3. The Winners Are… www.vault.com *Percentages add up to more than 100% because respondents could select more than one option. Vault Office Betting Survey 2011

4. Productivity Killer or Harmless Fun? “I have seen co-workers not do ANY work at all, ALL day long.” “Almost no work gets done in the office during March.” “Zero office time. That's stealing.” Vault Office Betting Survey 2011

5. Not Everyone Likes to Gamble www.vault.com “March Madness […] is a great team builder, engaging folks from the office, plant floor, shipping/warehouse, remote sales offices, even a few customers and vendors. ” “My office is awash in sinners. Some day a real rain will come and these cubicles shall be cleansed.” Vault Office Betting Survey 2011

6. “I’ll Bet You $5 We Don’t Have a Policy” www.vault.com “Absolutely no betting of any kind while at work or on company property” “It is not tolerated ... so you have to do it secretly” “My boss was right there betting with us” Vault Office Betting Survey 2011

7. The Cost of Fun Doesn’t Have to Be High… www.vault.com Vault Office Betting Survey 2011

8. …But the Rewards Can Be www.vault.com Vault Office Betting Survey 2011

9. The Few, the Proud… www.vault.com “Small is beautiful when it comes to pools. Too much money and too many participants ruin them.” “I won by pure luck. I think I won $180.” “I won a $250 gift card…felt like a heel because I own the place.” Vault Office Betting Survey 2011

10. www.vault.com Gamblers Just Wanna Have Fun *Percentages add up to more than 100% because respondents could select more than one option. Vault Office Betting Survey 2011

11. Everyone’s a Winner www.vault.com “We used a betting pool as a fundraiser for our United Way campaign.” “Just working on the office betting pools is the same as stealing from the Company. In fact the next time I see that, I'm going to put an anonymous note on all the bosses desks to make them aware.” *Only includes respondents whose workplaces do have office betting pools. Vault Office Betting Survey 2011