3+ upsets in the Sweet 16?

This market will resolve to "Yes" if there are 3 or more upsets in the 2025 NCAA March Madness Sweet 16. Otherwise, this market will resolve to “No.” An “upset” is defined as a team with a higher seed that defeats a team with a lower seed. If for any reason the Sweet 16 has not been completed by May 31, 2025, 11:59 PM ET, this market will resolve to "No". The resolution source for this market will be official information from the NCAA.