Slashdot - April 5, 2008 (EE Times, InformationWeek)
... a new computer system using the "Logistic Regression Markov Chain" (LRMC) has proven to be the most efficient system at predicting sporting event outcomes. The system was tested on the 2008 US NCAA basketball season and picked all four of the finalists.
http://tech.slashdot.org/tech/08/04/05/0358238.shtml