2017 March Madness Prediction - Elite Eight Betting Odds

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March Madness - Elite Eight Betting OddsNCAA men's basketball tournament Betting Online: The Elite 8 is like being tantalizingly close to the finish line but still having to figure out how to sprint those last 100 yards. The Final Four is in sight, but there's a large hurdle left to clear to get there. You're not remembered for losing in the Elite 8. You're remembered for winning there. Legends are made time and time again at this level, and that's why this round might actually be more fun than even the Final Four itself.

The 2017 Elite 8 will be played at four different venues across America. The eight teams left in the field will play on Saturday, March 25, 2017 and Sunday, March 26, 2017. Games will tip off in primetime. All of the action will be shown on CBS and TBS.

NCAA Tournament Elite 8 Format

It's called the regional final for a reason. When you're put into the bracket, the first thing you do is try to figure out how to win your region and get into the Final Four. This is the last step. There were eight possible opponents at the start of the tourney, and now, just one remains between you and the Final Four.

Still, this is a long, long journey for teams to get here, particularly those who ultimately had to play in their conference tournaments the week before the start of the dance. There's a chance that teams would have played eight games in a span of basically 16 days by the time they get to the Elite 8, and only the strongest of the strong survive to reach the Final Four.

Record By Seed in NCAA Tournament Elite 8 (Since 1985)

#Overall#Record#Record#Record#Record#Record#Record
152-37221-23313-867-274-0104-1113-3
2 28-32 1 23-21 4 2-4 5 0-3 8 2-3 9 0-1 12 1-0
3 14-17 1 8-13 4 2-3 5 2-1 8 1-0 9 1-0 12 ---
4 13-7 2 4-2 3 3-2 6 2-1 7 2-2 10 2-0 11 ---
5 6-2 2 3-0 3 1-2 6 1-0 7 --- 10 1-0 11 ---
6 3-11 1 2-7 4 1-2 5 0-1 8 0-1 9 --- 12 ---
7 2-7 1 0-4 4 2-2 5 --- 8 0-1 9 --- 12 ---
8 5-3 2 3-2 3 0-1 6 1-0 7 1-0 10 --- 11 ---
9 1-1 2 1-0 3 0-1 6 --- 7 --- 10 --- 11 ---
10 1-7 1 1-4 4 0-2 5 0-1 8 --- 9 --- 12 ---
11 3-3 1 3-3 4 --- 5 --- 8 --- 9 --- 12 ---
12 0-1 2 0-1 3 --- 6 --- 7 --- 10 --- 11 ---

Of the 128 teams to ever reach the Final Four in the modern era, 40.6 percent of them have been #1 seeds. That's a pretty darn good percentage, all things considered with all of the bumps in the road that could be run into. But in truth, #2s have had the edge against #1s all-time at 23-21, and that's part of the reason why we've only had one Final Four in the history of the 64+ team field to have all four #1 seeds, that coming in 2008 when North Carolina, UCLA, Memphis and Kansas all reached the Final Four.

However, Final Fours without at least one #1 seed are few and far between, too. That's only happened twice, once in 2006, then again in 2011. Those years were also the years of the mid-majors. George Mason crashed the party by upsetting Connecticut here in the Elite 8 in 2006, while both Butler and VCU reached the Final Four in 2011 as #8 and #11 seeds respectively.

Keep in mind as well that the distribution in terms of teams in the top of the bracket versus the bottom of the bracket isn't exactly even. The #1, #4, #5, #8, #9 and #12 seeds have been represented in the Final Four 77 times; the bottom half of the bracket has been represented just 51 times, and #2 and #3 seeds account for 42 of those 51 teams.

The oddity in the distribution of Final Four teams is relatively obviously. There have been five #8 seeds to reach the Final Four, the same number of #6 and #7 seeds combined, and there have been three #11 seeds win in the Elite 8, more than #9, #10, #12, #13, #14, #15 and #16 combined. Of course, it should be noted that no team seeded higher than #12 has ever reached the Elite 8, and the lone #12 seed to ever get to the spot, Missouri in 2002, was ousted here. A total of just four double-digit seeds have ever reached the Final Four in the 32-year history of the 64+ team field.

Consecutive Final Four appearances is incredibly odd, to say the least. Notre Dame, in fact, is the only team in America to have reached the Elite 8 in consecutive years, and the Irish were beaten both times at this level. Wisconsin and Kentucky made back-to-back Final Fours in 2014 and 2015 to be the last teams to do it, and neither the Badgers nor the Wildcats ended up winning the National Championship in either showing.

The Pac-12 is the only one of the traditional power conferences to not be represented in a Final Four in recent years. The last Pac-12 team to reach the Mecca of college basketball was UCLA in 2008, and back at that point, the conference was still called the Pac-10. Since then, the Horizon League has been represented twice with Butler, while both the Missouri Valley and Colonial have had a Final Four team in that run as well.

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