00:00One seed to get knocked out before the round of 16.
00:02If you read that fast, like, oh, no, no, no, no, no.
00:04A one seed's not going to get knocked out by a 16 seed.
00:06That's not what they're asking.
00:07It's a one seed to get knocked out before they actually make the sweet 16,
00:11which means they win their first game, they win their second game,
00:14then they find themselves out there in the round of 16,
00:16but they're already out before they got there, Joe.
00:18Opening up at around a 49% chance.
00:21Then you go over and take a look at March 15th, down to 22%,
00:26rising once again, we see now at a, what, 40, what's that?
00:3042% chance for that to happen.
00:32Look, you're going to, you win your first game.
00:34They're all going to do that.
00:35That round of 32, that's a legitimate basketball team waiting for that number
00:38one seed, Joe.
00:39How do we feel about this market?
00:41Yeah, this is tough, Donnie.
00:43Because I think this year is so chalky and I don't think anybody's taken out
00:49the one seeds in the round of 32 or 64.
00:52Although we told you, usually the trend is that these teams who win these
00:57play-in games, they often go in and bounce somebody out in the round of 64.
01:03They usually end up winning the next game.
01:05So there's at least one every year.
01:08Well, you've got a bunch of those teams that are going to be playing number one
01:12seeds like Michigan, for instance.
01:14But I don't see it happening this year.
01:16I think it's too top-heavy.
01:18I would go no in this spot here, Donnie.
01:21I think there's more value on that side than hoping for the upset.
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