Most students believe that there the waitlist is ordered and being #10 is better than #100. However, only 5 colleges rank students. Among then are Amherst College and Gonzaga.
In the case of colleges that accept 0 students, waitlist means denied acceptance. Among them are Princeton, Johns Hopkins and Rice. Click on link below to get the full list.
This list is marginally better - universities that accept less than 1% of applicants. Among them are Yale, Tulane and GWU. Click on link below to get the full list.