For reference, there were 1536 teams seeded from #1 to #16 (96 teams per seed) in March Madness from 1985 to 2008.
The #1 Seed
All 96 #1 seeded teams have advanced to the second round of March Madness (100%), 84 have reached the Sweet Sixteen (87.50%), 69 have reached the Elite Eight (71.88%), and 42 have advanced to the Final Four (43.75%). In terms of March Madness historical odds, the #1 seed will always advance to the second round, has a 1 in 1.14 chance of reaching the Sweet Sixteen, a 1 in 1.39 chance of reaching the Elite Eight, and a 1 in 2.29 chance of reaching the Final Four.
The #2 Seed
92 #2 seeded teams have advanced to the second round of March Madness (95.83%), 60 have reached the Sweet Sixteen (62.50%), 44 have reached the Elite Eight (45.83%), and 21 have advanced to the Final Four (21.88%). In terms of March Madness historical odds, the #2 seed has a 1 in 1.04 chance of reaching the second round, a 1 in 1.60 chance of reaching the Sweet Sixteen, a 1 in 2.18 chance of reaching the Elite Eight, and a 1 in 4.57 chance of reaching the Final Four.
The #3 Seed
81 #3 seeded teams have advanced to the second round of March Madness (84.38%), 48 have reached the Sweet Sixteen (50.00%), 23 have reached the Elite Eight (23.96%), and 12 have advanced to the Final Four(12.50%). In terms of March Madness historical odds, the #3 seed has a 1 in 1.19 chance of reaching the second round, a 1 in 2.00 chance of reaching the Sweet Sixteen, a 1 in 4.17 chance of reaching the Elite Eight, and a 1 in 8.00 chance of reaching the Final Four.
The #4 Seed
76 #4 seeded teams have advanced to the second round of March Madness (79.17%), 41 have reached the Sweet Sixteen (42.71%), 14 have reached the Elite Eight (14.58%), and nine have advanced to the Final Four (9.38%). In terms of March Madness historical odds, the #4 seed has a 1 in 1.26 chance of reaching the second round, a 1 in 2.34 chance of reaching the Sweet Sixteen, a 1 in 6.86 chance of reaching the Elite Eight, and a 1 in 10.66 chance of reaching the Final Four.
The #5 Seed
65 #5 seeded teams have advanced to the second round of March Madness (67.71%), 35 have reached the Sweet Sixteen (36.46%), five have reached the Elite Eight (5.21%), and four have advanced to the Final Four (4.17%). In terms of March Madness historical odds, the #5 seed has a 1 in 1.48 chance of reaching the second round, a 1 in 2.74 chance of reaching the Sweet Sixteen, a 1 in 19.19 chance of reaching the Elite Eight, and a 1 in 23.98 chance of reaching the Final Four.
The #6 Seed
66 #6 seeded teams have advanced to the second round of March Madness (68.75%), 36 have reached the Sweet Sixteen (37.50%), 12 have reached the Elite Eight (12.50%), and three have advanced to the Final Four (3.13%). In terms of March Madness historical odds, the #6 seed has a 1 in 1.45 chance of reaching the second round, a 1 in 2.67 chance of reaching the Sweet Sixteen, a 1 in 8.00 chance of reaching the Elite Eight, and a 1 in 31.95 chance of reaching the Final Four.
The #7 Seed
60 #7 seeded teams have advanced to the second round of March Madness (62.50%), 18 have reached the Sweet Sixteen (18.75%), and six have reached the Elite Eight (6.25%). To date, no #7 seed has advanced to the Final Four. In terms of March Madness historical odds, the #7 seed has a 1 in 1.60 chance of reaching the second round, a 1 in 5.33 chance of reaching the Sweet Sixteen, and a 1 in 16.00 chance of reaching the Elite Eight.
The #8 Seed
44 #8 seeded teams have advanced to the second round of March Madness (45.83%), nine have reached the Sweet Sixteen (9.38%), six have reached the Elite Eight (6.25%), and three have advanced to the Final Four (3.13%). In terms of March Madness historical odds, the #8 seed has a 1 in 2.18 chance of reaching the second round, a 1 in 10.66 chance of reaching the Sweet Sixteen, a 1 in 16.00 chance of reaching the Elite Eight, and a 1 in 31.95 chance of reaching the Final Four.
The #9 Seed
52 #9 seeded teams have advanced to the second round of March Madness (54.17%), three have reached the Sweet Sixteen (3.13%), and one has advanced to the Elite Eight (1.04%). To date, no #9 seed has advanced to the Final Four. In terms of March Madness historical odds, the #9 seed has a 1 in 1.85 chance of reaching the second round, a 1 in 31.95 chance of reaching the Sweet Sixteen, and a 1 in 96.00 chance of reaching the Elite Eight.
The #10 Seed
36 #10 seeded teams have reached the second round of March Madness (37.50%), 18 have reached the Sweet Sixteen (18.75%), and seven have reached the Elite Eight (7.29%). To date, no #10 seed has advanced to the Final Four. In terms of March Madness historical odds, the #10 seed has a 1 in 2.67 chance of reaching the second round, a 1 in 5.33 chance of reaching the Sweet Sixteen, and a 1 in 13.72 chance of reaching the Elite Eight.
The #11 Seed
30 #11 seeded teams have reached the second round of March Madness (31.25%), 11 have reached the Sweet Sixteen (11.46%), four have reached the Elite Eight (4.17%), and two have advanced to the Final Four (2.08%). In terms of March Madness historical odds, the #11 seed has a 1 in 3.20 chance of reaching the second round, a 1 in 8.73 chance of reaching the Sweet Sixteen, a 1 in 23.98 chance of reaching the Elite Eight, and a 1 in 48 chance of reaching the Final Four.
The #12 Seed
31 #12 seeded teams have reached the second round of March Madness (32.29%), 16 have reached the Sweet Sixteen (16.67%), and one has reached the Elite Eight (1.04%). To date, no #12 seed has advanced to the Final Four. In terms of March Madness historical odds, the #12 seed has a 1 in 3.10 chance of reaching the second round, a 1 in 6.00 chance of reaching the Sweet Sixteen, and a 1 in 96 chance of reaching the Elite Eight.
The #13 Seed
20 #13 seeded teams have reached the second round of March Madness (20.83%) and four have reached the Sweet Sixteen (4.17%). To date, no #13 seed has reached the Elite Eight or the Final Four. In terms of March Madness historical odds, the #13 seed has a 1 in 4.80 chance of reaching the second round and a 1 in 23.98 chance of reaching the Sweet Sixteen.
The #14 Seed
15 #14 seeded teams have reached the second round of March Madness (15.63%) and only one team has reached the Sweet Sixteen (1.04%). To date, no #14 seed has reached the Elite Eight or the Final Four. In terms of March Madness historical odds, the #14 seed has a 1 in 6.40 chance of reaching the second round and a 1 in 96 chance of reaching the Sweet Sixteen.
The #15 Seed
Only four #15 seeds have advanced to the second round of March Madness (4.17%). The remaining 88 teams have been eliminated in the first round of March Madness. To date, no #15 seed has advanced past the second round of the tournament. In terms of March Madness historical odds this gives the #15 seed a 1 in 23.98 chance of reaching the second round of March Madness
The #16 Seed
To date, no #16 seed has advanced past the first round of March Madness. All 92 teams have been eliminated by the #1 seed in the first round of March Madness.
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