Some really fun stats for games involving number 1 and number 2 seeds:
Uconn has played in 22 such games dating back to their first the 1995 game at Gampel involving TN as the #1 ranked team. (Uconn won
)
Uconn's overall record in these games is 19 wins and 3 losses - by far the best record - the next best is La Tech at 9-4 (the last of which was into 1997-8 season involving TN)
Playing as the #1 ranked team they are 15-2 - and haven't lost since 2001.
Playing as the #2 ranked team they still hold a 4-1 record.
The last loss was to #1 Baylor in Waco in 2011 - their only loss as the #2 ranked team.
Prior to that you have to go back to 2001 to #2 ND in the FF
And the other loss - #2 TN at Gampel in 1999 - the Boo game I believe.
In Dec. 2013 Uconn played in the 52nd of these games (against #2 Duke - Uconn won 83-61
) and since then Uconn has played five more of these games and won them all and I don't believe anyone else has played any. If that is correct thEn in history there have been 57 total and the record for the #1 seed is 36 - 21 (so rankings do pretty well.)
But ... if you drop out Uconn's record as a #1 ranked team from those it gets sort of interesting - 36 -21 becomes 21 - 19 or almost a toss up! For all #1 ranked teams without Uconn on their chest playing #2 ranked teams based on this history, they have a 52.5 % chance of winning. And of course Uconn playing as the #2 ranked team based on history has a 80% chance of winning!
As they say in the investment industry: 'Past performance is no guarantee of future results', or 'Buyer beware'