Tournament winner markets frequently ignore the bracket: a strong team that must beat two other elite squads before the final is meaningfully less likely to win than an equally strong team on the soft side of the draw. You simulate the full bracket from seeding rules and per-matchup win rates, producing a title probability for every entrant, and trade the outright markets where the crowd priced team strength without pricing the path.
Markets on Polymarket where bracket-path & group-draw model is the natural play: