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NCAA Tournament: Team to make Elite Eight - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
Kansas
YesNo
North Carolina
YesNo
Tennessee
YesNo
Purdue
YesNo
Miami (Ohio)
YesNo
Siena
YesNo
McNeese
YesNo
Missouri
YesNo
South Florida
YesNo
UCLA
YesNo
Saint Louis
YesNo
LIU
YesNo
Michigan State
YesNo
Penn
YesNo
Prairie View A&M
YesNo
Cal Baptist
YesNo
Vanderbilt
YesNo
North Dakota State
YesNo
Iowa
YesNo
SMU
YesNo
Texas A&M
YesNo
Troy
YesNo
Villanova
YesNo
Texas Tech
YesNo
TCU
YesNo
Santa Clara
YesNo
Ohio State
YesNo
Miami (FL)
YesNo
Georgia
YesNo
BYU
YesNo
Wisconsin
YesNo
Gonzaga
YesNo
Hofstra
YesNo
High Point
YesNo
Utah State
YesNo
NC State
YesNo
Kentucky
YesNo
Iowa State
YesNo
Queens
YesNo
Howard
YesNo
Nebraska
YesNo
Lehigh
YesNo
Houston
YesNo
Texas
YesNo
Kennesaw State
YesNo
Arkansas
YesNo
UConn
YesNo
Northern Iowa
YesNo
Michigan
YesNo
Alabama
YesNo
Idaho
YesNo
Akron
YesNo
Saint Mary’s
YesNo
Wright State
YesNo
UCF
YesNo
VCU
YesNo
Illinois
YesNo
Clemson
YesNo
Furman
YesNo
Virginia
YesNo
Arizona
YesNo
Louisville
YesNo
Tennessee State
YesNo
St. John’s
YesNo
Hawaii
YesNo
Duke
YesNo
Florida
YesNo
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AI Insights:

03.14 05:39 Updated
Fair Value Reasoning:
The market is in a state of extreme irrationality with initialization pricing, as almost all options are stuck at ~50 cents. This implies over 30 teams will make the Elite Eight, while mathematically only 8 can. Based on historical seed performance (Top seeds have ~40-60% chance, low seeds <5%), blue-blood programs like Kansas and Purdue should be valued between 35-45 cents, while mid-majors like McNeese and Miami (Ohio) have a statistically negligible chance, putting their fair value near 0.

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Divergence
Extremely significant divergence. The market pricing implies a total of over 34 teams reaching the Elite Eight (68 teams * 0.5), while reality limits this to exactly 8. This indicates the market is currently completely detached from reality and in a state of inefficient pricing.

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NCAA Tournament: Team to make Elite Eight - AI Odds Analysis