From RJ Bell at Pregame.com:
Las Vegas, since sportsbooks back their opinions with big money.(December 5, 2008) – Heading into the last week of the regular season, there’s tons of watercolor conversation about college football. People are especially curious about the opinion of
RJ Bell of Pregame.com has polled numerous Las Vegas and offshore sports betting professionals. Listed below are the top 8 BCS teams, ranked from a betting perspective. The number beside each is the estimated number of points that team would be underdogs to Florida (the most highly regarded team) on a neutral field.
Florida . . . (BSC #4)
+1 . . . (BCS #2)
USC +5 . . . (BCS #5)
Texas +6 . . . (BCS #3)
Alabama +8 . . . (BCS #1)
Penn St +11 . . . (BCS #8)
Texas Tech +11 . . . (BCS #7)
Utah +17 . . . (BCS #6)
For example, Florida would be approximately a 1 point favorite over Oklahoma, and a 17 point favorite over Utah. You can compare any two teams with these rankings: the team with the higher number would be the underdog by the difference between its number and its opponent’s number. For example, Oklahoma would be -4 over USC, and Penn St and Texas Tech would be “even” (also called “pick’em”). Texas Tech would be -6 over Utah.
A little known fact is that Las Vegas is no longer the center of the world. Many of the sharpest professionals bet offshore. follow this action closely, but for political reasons they are often uncomfortable disclosing this fact. Pregame.com takes into account experts worldwide, providing the clearest estimate of the true sports betting market.
Lastly, keep in mind that these rankings are unable to account for the nuances of individual team match-ups. Such nuances can affect a, but rarely by more than 1-point.