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The NCAA Tournament is one of the most exciting events in the world of basketball. It’s a time of avid wagering. March Madness betting and Elite Eight Betting are among the most popular forms of sports betting in the country.
The Elite Eight gathers the finest teams from each NCAA bracket and places them in a single tournament. Only Final Four betting is comparable to the action operators see during Elite Eight betting season.
Today, we’ll review the basics of the Elite Eight tournament, March Madness betting, and the more intricate details of Elite Eight betting.
The Elite Eight is the official nickname for the NCAA basketball national quarterfinals. It owes its name to the fact that 8 teams participate in this stage of the yearly tournament.
For Division I and III, they are the top two teams from each of the four regional championships. For Division II, the Elite Eight consists of the eight winners from each of the eight regions.
The Elite Eight was originally the name for the final eight teams of the Illinois High School Boys Basketball Championship. The IHSA trademarked the term Elite Eight in the 90s, and the trademark is shared today with the NCAA tournament.
On an average year, 75% of #1-seeded teams make it to the Elite Eight. Very few low-seeded teams have ever made it that far in the NCAA tournament. Elite Eight brackets typically represent the best of the best that NCAA basketball has to offer.
Elite Eight brackets are also considered the halfway point for the NCAA tournament. To reach the national quarterfinals, teams must win three games, and have three games ahead to win the entire NCAA bracket.
PICKING THE ELITE EIGHT
Teams that make it into Elite Eight betting pools are generally among the highest-ranked in the tournament. Elite Eight scores and brackets are the subject of intense speculation all over the nation. “Bracketologists,” or NCAA bracket experts, make their predictions annually.
Picking the Elite Eight and the Final Four is an extremely popular outright betting pool. Offices and friend groups across the nation participate in the yearly ritual.
Famous bracketologists have included Barack Obama, who would share his Elite Eight betting picks and Final Four betting picks many of the years he was in office. In 2015, though, Mitt Romney’s Elite Eight scores and bracket predictions bested Obama. He got 6 out of 8 teams, and the winner!
There is much fanfare around Elite Eight picks every year. Major sports networks run constant coverage with relevant information to predict Elite Eight scores and brackets. March Madness betting takes the nation by storm every spring.
After the onslaught of the first half of the tournament, the Elite Eight gives way to the Final Four betting pools. Thousands of players compete to get the teams and scores right, for payouts and prizes ranging from modest to formidable.
ODDS TO REACH ELITE EIGHT
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