If your NCAA pool has a bigger prize than bragging rights or a round of beers, make sure you don't use PayPal for those basketball-based transactions.
Bloomberg Business Week says that the eBay-owned online payment company will restrict the accounts of any users they think are sending or receiving March Madness-related money.
PayPal's user agreement (the one you totally read through line-by-line before clicking "Agree," right?) prohibits anyone from using the service for "activities that involve gaming and/or any other activity with an entry fee or a prize."
PayPal wouldn't say how they plan to ID any "alleged gamblers" but we're guessing it involves reading things like "TOLD YOU NOT TO PICK NORFOLK STATE" in the payment description.