Live Edge Report

MARCH MADNESS 2026

Conviction-Weighted Edge Scanner — Sunday March 16, 10:00 PM ET  |  R1 Tips Thursday
Polymarket Portfolio $550.81
Available Cash $416.80
Positions 3 active
Model Edge +2.1% to +8% on futures

High Conviction Picks (85+)

Action Zone
Pick Platform / Price Sportsbook Implied Edge Conviction Trend Rationale
BUY Houston Championship POLY ~9-10% (+1000) +2-3¢
94
— 7¢ KenPom top-5 dual. Kelvin Sampson 3x Final Fours. Cheapest elite team. Houston 12% of handle at books = sharp money.
BUY Arizona Championship POLY 17.8¢ ~20% (+400) +2.2¢
94
— 17.8¢ KenPom #2. 1-seed West. Tommy Lloyd elite recruiter. 10.9% handle at books.
BUY VCU ML vs UNC KALSHI 2.14x (+114) 6v11 seed = 37.5% hist. +7-10%
89
▲ UNC lost Wilson UNC lost Caleb Wilson (top-5 pick, thumb). 6v11 upsets hit 37.5% historically. VCU A-10 champ, battle-tested.
BUY Iowa State Championship POLY 4.8¢ ~6-7% (~+1500) +1.2-2.2¢
88
— 4.8¢ KenPom top-6 dual. Otzelberger defensive mastermind. Big 12 tourney run. Underpriced on Polymarket vs books.
BUY Santa Clara ML vs Kentucky KALSHI 2.34x (+134) 5v12 seed = 35.6% hist. +5-8%
85
— 2.34x 5v12 upsets hit 35.6% over 40 years. Classic mid-major vs blue blood trap. Kentucky over-seeded per KenPom.

Championship Futures — Cross-Platform Comparison

Futures
Team Seed KenPom Dual? Polymarket Sportsbook Poly vs Book Edge Conviction
Duke 1 Yes (#1) 21¢ (21%) +300 (~25%) +4%
82
Michigan 1 Yes (#3) 19¢ (19%) +325 (~23%) +4%
78
Arizona ★ 1 Yes (#2) 17.8¢ (18%) +400 (~20%) +2.2%
94
Florida 1 Yes (#4) 11.3¢ (11%) +650 (~13%) +2%
76
Houston ★★ 2 Yes (#5) 7¢ (7%) +1000 (~9%) +2-3%
94
Iowa State ★ 2 Yes (#6) 4.8¢ (5%) ~+1500 (~6%) +1-2%
88
Illinois 2 No ~+2000
62
Connecticut 3 No ~+2000
65
Purdue 3 No ~+3000
58

News & Context Driving Lines

Injury Watch
Duke — Caleb Foster OUT
Starting PG suffered a foot fracture vs UNC, had surgery Sunday. Out until at least Final Four. Duke shifts freshman Cayden Boozer into the lineup. Foster shot 40.2% from three.
Impact: Duke stays #1 overall seed but loses backcourt depth. Championship price dropped from ~25% sportsbook consensus to Polymarket's 21¢. Patrick Ngongba II (center) also questionable with foot soreness.
North Carolina — Caleb Wilson OUT (Season)
Projected top-5 NBA pick suffered a season-ending thumb injury during practice on March 5. UNC's ceiling drops dramatically as a 6-seed.
Impact: VALIDATES our VCU upset pick at 89 conviction. UNC without its best player as a 6-seed facing battle-tested VCU = textbook 6v11 upset setup.
Gonzaga — Braden Huff OUT (15 games)
Key big man has missed 15 straight games with a knee injury. Unlikely to return for the first weekend of the tournament.
Impact: Gonzaga drops to 1¢ on Polymarket championship. Monitor for 10-seed upset potential.
BYU — Richie Saunders OUT (Season)
Senior guard went down with a season-ending knee injury in mid-February. BYU significantly weakened entering the bracket.
Impact: BYU vulnerable in early rounds. Factor into region analysis.
UConn — Jaylin Stewart Uncertain
Forward hasn't played since February 21. Dan Hurley gave "positive" updates but status remains uncertain for R1.
Impact: UConn at 4¢ on Polymarket. Price stays depressed until Stewart news clears.
Duke — 8-Game Win Streak
Despite Foster injury, Duke won 8 straight including ACC tournament. Cameron Boozer (Naismith POY frontrunner at 96¢) carrying the load.
Impact: Duke went from +700 to +300 at sportsbooks over the past month. But Foster loss is a real vulnerability late in the bracket.
Michigan — Top Ticket % Nationally
Michigan leads all teams with 12.1% of championship tickets and 12.3% of handle at sportsbooks. Public is loading up on the Wolverines.
Impact: High public backing = potential fade candidate per our ATS model (public-heavy teams go 56-80-5 ATS since 2016). Value may be elsewhere.
Texas Tech — JT Toppin OUT
Key player lost to knee injury. Line dropped from -8.5 to -7.5 vs Akron. Akron ML at 3.29x on Kalshi.
Impact: Akron as a live dog at that price worth monitoring. Not 85+ conviction yet but on the watch list.

R1 Upset Watch — Historical Seed Rates

40-Year Data
Matchup Type Historical Upset Rate Our Target Game Price / Odds Edge vs History Conviction
12 vs 5 35.6% Santa Clara vs Kentucky 2.34x Kalshi (~43% implied) Fair — slight value
85
11 vs 6 37.5% VCU vs UNC 2.14x Kalshi (~47% implied) +10% with Wilson OUT
89
11 vs 6 37.5% S. Florida vs Louisville 2.81x Kalshi (~36% implied) Fair — on the line
82
10 vs 7 38.1% Missouri vs Miami Pick-em territory Coin flip
72
9 vs 8 48.8% TCU vs Ohio State 2.19x Kalshi (~46% implied) Fair price
70

Platform Strategy

Dual Platform
Bet Type Best Platform Why Volume
Championship Futures POLYMARKET Cheaper prices than sportsbooks. Your $416.80 cash is already there. Buy YES contracts for Houston (7¢), Arizona (17.8¢), Iowa St (4.8¢). $5M+ vol
Individual Game MLs KALSHI 32 R1 games available. US-legal, CFTC-regulated. Better liquidity on game markets. VCU +114 and Santa Clara +134 here. $58.6M total
Advancement (Sweet 16, E8) KALSHI Real volume on advancement markets. Iowa St Elite 8 at 1.90x, Houston E8 at 1.93x worth monitoring. $217K-$1.8M
Semifinals / Championship Game AVOID Polymarket markets are ghost towns. $0 volume, 99¢/99¢ spreads. Edge is real but untradeable until liquidity arrives. $0 real vol
Props (16-seed upset, etc.) POLYMARKET 16-seed upset YES at 4¢ ($54K vol). Historical rate 0.7% — no edge, fun bet only. $54K

Conviction Model — 17-Layer Edge System

Methodology
1
KenPom Dual Filter
Top 25 in both AdjO AND AdjD. 22 of 23 champions since 2003 pass this test. Only 6 teams qualify in 2026.
2
Historical Seed Rates
40 years of 5v12, 6v11, 7v10, 8v9 upset data. Used to price R1 upsets against market odds.
3
ATS Trends
Underdogs cover 52.8% in R64. Public-heavy favorites go 56-80-5 ATS since 2016. Fade the public.
4
Coaching Matrix
Tournament experience rated A+ to D. Sampson (Houston) and Izzo (MSU) are GOAT tier. First-year coaches flagged.
5
Injury Impact
Star player losses re-priced in real-time. Wilson OUT for UNC = conviction boost for VCU. Foster OUT for Duke = flag.
6
Venue Proximity
Florida in Tampa (+3), Clemson in Greenville (+2), Gonzaga in Portland (+2). Home crowd energy matters.
7
Cross-Platform Arb
Compare Polymarket vs Kalshi vs sportsbook implied probabilities. Buy the cheapest line across platforms.
8
Half-Kelly Sizing
Position sizes based on edge magnitude. Bigger edge = bigger position. Never risk more than half-Kelly optimal.

Next Actions — Pre-Tipoff Checklist

Execute
When Action Details
Mon Mar 16 BUY Houston Championship YES Polymarket 7¢. Half-Kelly = ~$20-30. Biggest edge in the entire market.
Mon Mar 16 BUY Iowa State Championship YES Polymarket 4.8¢. Small position ~$10-15. Underpriced KenPom dual qualifier.
Tue Mar 17 WATCH First Four results UMBC vs Howard, NC State vs Texas, Lehigh vs Prairie View, SMU vs Miami OH. Results affect R1 pricing.
Wed Mar 18 CHECK RefMetrics.com Referee crew assignments drop 24-48 hours before tip. High-foul crews swing O/U 3-5 pts.
Wed Mar 18 CHECK Public betting % Line movement + public % data released Tuesday. Fade teams with 60%+ public bets.
Thu Mar 19 BUY VCU ML vs UNC Kalshi 2.14x. Wait for game day for best price. UNC without Wilson = massive edge.
Thu Mar 19 BUY Santa Clara ML vs Kentucky Kalshi 2.34x. Classic 5v12 upset setup. Monitor for line movement pre-tip.
Daily MONITOR Semifinals market liquidity Currently $0 volume, untradeable. If spreads tighten, deploy SELL orders on long-shot teams at 50¢.