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Most of the top fraternities have issued almost all of the bids they plan to before formal rush. They have summer parties and bid the guys they know already. Formal is for some last minute additions and guys they meet for the first time once school starts. It works different since guys can receive multiple bids and accept the one they like best. So in Sigma Chis case they may have extended 61 bids but it doesn’t mean they already have 61 pledges.