March Madness Elite Eight By The Numbers: Favorites And 'Dogs Neck And Neck
Well, the Elite Eight is in the books, and it sure didn’t disappoint. We saw Gonzaga, Baylor, and Houston all continue their marches, while UCLA incredibly made the Final Four as an 11-seed. Right now we thought we’d digest some of the data relevant to betting from the past couple days to help inform your wagers moving forward. Without further ado let’s dive in, but don’t forget to check out our picks on the side and total for every game first.
Favorites went 2-2 ATS in the Elite Eight
Four games, split evenly between favorites and underdogs against the spread. Underdogs got off to a really hot start, favorites came storming back on the second day of the Round of 32, and it’s been neck and neck ever since. Underdogs are now 30-29 ATS since the tournament started, showing just how spot-on oddsmakers can be. Blindly betting one or the other would’ve lost you money on both sides.
Under went 3-1 in the Elite Eight
The under went 3-1 the past couple of days, increasing their lead for the tournament. The under was 6-2 during the Sweet 16, and it’s been very profitable overall. Through 59 games now, the under is an impressive 35-24. That’s good for a cash rate north of 59 percent. It’ll be very interesting to see if that trend continues now that the stakes are higher than ever. The under was also a perfect 4-0 in the First Four, so if you count those initial games it’s actually 39-24 overall.
The PAC 12 is 13-2 ATS
Another day, another PAC 12 cover. Three teams from the conference made the Elite Eight, and although only UCLA advanced, Oregon State also covered. USC didn’t get within the number against Gonzaga, marking only the second ATS loss for the PAC 12 this tournament. It’s truly mind-blowing that the PAC 12 has played 15 games and covered 13 of them (not counting the Oregon vs. USC inter-conference showdown). UCLA opened as a 13.5-point ‘dog against Gonzaga, can they make it 14 of 16 now?