So if someone has more points than you at this point since they picked more winners (and fewer losers), you may still have a better chance of winning because in the gamnes they lost they had projected those losing teams to go further.
In other words, suppose someone went 31-2, but their two losers were the teams that they projected to be in the finals. They would have been better off with a lot more losers, as long as their key teams were still alive.
