2012 BCS Championship Odds: It's Never Too Early

Vegas has released the most preliminary of preliminary odds for the 2012 BCS Championship. Behold:

TEAM	ODDS	TEAM	ODDS
Oklahoma	7/2	Mississippi State	50/1
Alabama	15/2	South Carolina	50/1
Florida State	10/1	Georgia	50/1
Boise State	12/1	Iowa	60/1
LSU	12/	Missouri	60/1
Oregon	14/1	Cincinnati	75/1
Florida	15/1	Michigan	75/1
Nebraska	18/1	North Carolina	75/1
Penn State	20/1	California	100/1
TCU	20/1	Clemson	100/1
Ohio State	20/1	Pittsburgh	100/1
Texas	20/1	South Florida	100/1
Stanford	25/1	Tennessee	100/1
Virginia Tech	28/1	Utah	100/1
Wisconsin	28/1	Arizona	100/1
Notre Dame	30/1	BYU	125/1
Oklahoma State	30/1	Oregon State	125/1
West Virginia	30/1	Texas Tech	125/1
Arkansas	30/1	Washington	125/1
Texas A&M	35/1	Arizona State	125/1
Michigan State	40/1	Georgia Tech	125/1
Auburn	50/1	Kansas State	150/1
Miami	50/1	Boston College	150/1
Mississippi	50/1	UCLA	150/1

Perhaps the item of greatest interest to anyone actually reading this is that Vegas apparently thinks Nebraska is your Big Ten favorite—not The Ohio State University.

Or, at least they believe they have the best odds of winning the MNC. Those seem like the same thing to me but maybe there is a subtle distinction I am missing.  

Penn State is also given the same billing as Ohio State at 20/1, which is really a slap in the face to the Nittany Lions considering Ohio State is without five starters for a decent portion of the season due to suspensions.

“We think you are good.  About as good as Ohio State minus several key offensive starters. What?”

A couple of meltdowns from 2010—Florida and Texas—have better than suspected odds at this stage of game.

In case you are wondering, the field is 10/1.