Place of finish by conference record:
SEC
#1 7-1 Alabama - Playoff #1 seed
#2 7-1 Missouri - Citrus Bowl in Orlando (Jan 1st vs Big10 #4 team)
#3 6-2 Mississippi St - Orange Bowl in Miami (Dec 31st vs ACC #2 team)
#4 6-2 Georgia - Belk Bowl in Charlotte (Dec 30th vs AAC #1 team)
#5 5-3 Ole Miss - Peach Bowl in Atlanta (Dec 31 vs Big 12 #2 team)
#6 4-4 Auburn - Outback Bowl in Tampa (Jan 1 vs Big 10 #2)
#7 4-4 LSU - Music City Bowl in Nashville (Dec 30 vs Independent, unranked Notre Dame)
#8 4-4 Florida - Birmingham Bowl - Birmingham AL (Jan 3 vs AAC #4 team)
#9 3-5 South Carolina - Independence Bowl in Shreveport LA (Dec 27 vs ACC #9)
#10 3-5 Tennessee - Taxslayer(Gator) Bowl in Jacksonville FL (Jan 2 vs Big10 #7 team)
#11 3-5 Texas A&M - Liberty Bowl in Memphis (Dec 30 vs Big 12 #6 team)
#12 2-6 Arkansas - Texas Bowl in Houston (Dec 30 vs Big12 #5)
Big 12
#1 8-1 Baylor - Cotton Bowl in Dallas TX (Jan 1 vs Big 10 #3 team)
#2 8-1 TCU - Peach Bowl in Atlanta GA (Dec 31 vs SEC #5 team)
#3 7-2 Kansas State - Alamo Bowl in San Antonio TX (Jan 2 vs Pac12 #3 team)
#4 5-4 Oklahoma - Russell Athletic Bowl in Orlando FL (Dec 29 vs ACC #3 team)
#5 5-4 Texas - Texas Bowl in Houston TX (Dec 29 vs SEC #12 team)
#6 5-4 West Virginia - Liberty Bowl in Memphis TN (Dec 29 vs SEC #11 team)
#7 4-5 Oklahoma St - Cactus Bowl in Tempe, AZ (Jan 2 vs Pac12 # 8)
So in summary, it looks like the SEC more often than not plays higher-finishing teams from other conferences (SEC #3 plays a #2, #4 plays a #1, #5 plays a #2, #6 plays a 2, #8 plays a 4, etc)
The Big 12 generally has to slum a bit and play lower-finishing teams in other conferences, #1 Big12 team plays a #3, #2 plays a #5, #5 plays a #12, #6 plays a #11, etc.
Its pretty obvious how much respect the national media and bowl system gives the Big 12, they get to play the dregs of other conferences while the SEC is playing top-ranked teams in other conferences. 3 of the 7 Big 12 bowl games are against teams that finished in the bottom half of their conference. Only 1 of 12 SEC bowl games are against opponents that finished in the bottom half of their conference.
Although I do think Missouri and Georgia or Ole Miss probably should have swapped places, when opponent is considered, but I'm perfectly happy playing in Orlando rather than Charlotte or Atlanta. Playing in Florida is more important than either of those locations for Missouri.