- For the round of 64 and the round of 32 you should be picking upsets. I analyzed the data to find the range where the upsets occur.
- For the Final Four and the Championship only certain seeds have ever made it that far. These frequency charts might help you to ensure your picks are not outrageously different from the past history.
- Our March Madness pool gives points based on the seed of the team. If the team you picked wins then the points you get are the seed multiplied by the factor for the round (1,2,4,8,16,32 for the Round of 64, Round of 32, Sweet 16, Elite 8, Final Four and the Championship). I analyzed the data from 1985 to 2005 to find what the maximum points a perfect winner could get to help see if my picks were optimistic or pessimistic.
- The final useful detail is that though their will always be upsets, you can win a pool by picking which teams will upset. I use the Sagarin ratings to get some idea of which teams are seeded correctly and which are over- or underestimated. It is surprising how the seeds often don't follow the ranks or the ratings. Also remember that any given day any team can beat any other team no matter the rating.
All of the posts above are chuck full of statistical analysis, charts and data. I have even offered some tentative advice. Good luck with your pool, but hurry tomorrow is the start. Perhaps this year I will update two years more data and finally analyze the Sweet 16 and Elite 8. The data is in a spreadsheet just calling to me.
tags: March Madness, statistics, math, basketball
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