March Madness has begun and the college going and ball betting crowd of America are having a ball. Like every year, this year too will probably come with exhilarating thrills, stunning upsets and surprising wins. Although these ups and downs are a part and parcel of every tournament of March Madness, it becomes rather tough when you bet on these games. A sudden upheaval can cost you a lot of money.
One thing that you do know about March Madness is that there is only one winner in each game and the odds against you are same as the odds in favor of you – 50%. Now let’s see the odds when you bet taking seeds into consideration. Naturally, the highest odds are in favor of Seed #1. And if you want to play safe while you bet on basketball, you are very likely to put your money down on the top seed. There is only one advice that you can get from the experts – keep your fingers crossed or grab the wood block nearest to you because you are going to need all your luck. Be prepared for some interesting statistical proofs that are provided some of the top online sports books.
In 2010 and 2011, Seed #1 was out of the tournament before entering the Sweet 16 Round. Now, isn’t that your good money going down the drain? There’s more to come though. According to all the past records, betting on Seed #2 is a better option than betting on #1 in the first elimination round because the chances of seed 2 making it to the Sweet 16 is much higher. The odds are 33% in favor of a Seed #2s. So, all those safe betters who are tying their hopes on the top seed, reconsider your options. Then again, since there are four second seeds in the tournament, you will have to pick the right one because in the past decade and a half, all the four second seeds have managed to reach the Sweet 16 level only once. Also, the top seed has failed to reach the next level 14 times. In March Madness 2012, check out the teams and place a smart bet.
So, what about the next two seeds? There are 12 Seed #3s in the tournament and they have had a good track record. In 2007, 08 and 09, 11 teams seeded at #3 reached the next level Ncaa March Madness. So far, so good. Now, after reaching the next level how well do the third seeds survive? This record is not very good because only 3 teams could make it to the next level in the past couple of years. Betting on #4 is entirely at your own risks because if you look at the records of the past seven years, only ten teams out of twenty eight have managed to squeeze into the next round.
If you have pinned your hopes on the top 4 seeds of the tournament, here is some more food for thought for you. Since 1985, when the field was expanded, only 13% of the initial games have had the top four seeds moving into the next level from the first round knockouts. How’s that for a twist in the March Madness basketball betting story!
bet right this season
