“Best” characteristics likely will include:
Massive late game win probability swing / buzzer beater
Significant upset
Competitive game / lots of lead changes
Best storyline
Ramifications transcending the tournament
I will not bet in this market.
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See also:
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So there went my day! But it was fun to rewatch some of the games - some I didn't even have on my radar! This was such a tough decision, but honestly either #1 Houston over #9 Texas A&M or #10 Colorado over #7 Florida should probably be the answer here. Houston collapsed as Texas A&M went on a 13-3 run in final 1:17 with a buzzer beating 3pt shot to tie the game and send to overtime. But, the game overall wasn't that exciting, with Houston owning much of the game. The extra intrigue of Houston being a #1 made it all the more exciting.
Colorado and Florida was a much closer game throughout and had a game-winning basket with 1.2 remaining, despite Florida storming back, down 6 with 38.5 remaining.
Honorable mentions to:
The tightest game overall was #3 Creighton over #11 Oregon - it went to 2 OT but didn't have the last-second shenanigans of the top two.
#14 Oakland over #3 Kentucky was a very strong contender given the star power of Gohlke, the competitive game throughout, and the earthquake of an event that led to Calipari leaving Kentucky. This game might have the longest lasting impact on the sport from this tournament, but I couldn't quite get myself to saying that it was the best game.
Some absolutely-wild games you might want to take a look at the gameplay of (or take a look at at least the ESPN "Win Probability" graphs for):
Round of 64: #13 Yale beating #4 Auburn [...present in the other market but not here]
Round of 32: #11 NC State beating #14 Oakland State in OT (the lead swapped hands a LOT)
Round of 32: #3 Creighton beating #11 Oregon in OT2 (...Like, even compared to the above, the lead swapped hands SO MUCH omg. It was BONKERS.)