It’s opening week and we’ve already gotten a taste of what’s to come through the first weekend of college basketball. As we head into the start of the 24 Hours of Hoops Marathon tonight, culminating in tomorrow night’s top-five double-header at the Champions Classic, it’s time to take a look at how oddsmakers view the upcoming season. As we mentioned last week upon the release of the RTC Preseason Top 25, there appears to be a consensus top five (Kentucky, Michigan State, Louisville, Duke and Kansas), followed by a second-tier group of six more teams (Arizona, Florida, Ohio State, Syracuse, Oklahoma State and Michigan). Although the order might be a little different, that is also more or less how Las Vegas is viewing the 2013-14 national championship race. Keeping in mind that unlike those of us who can make any ridiculous prediction we can think of without an appreciable fear of repercussion, oddsmakers stake their livelihoods on this practice. Therefore, they generally have a good idea of what they’re doing.
Let’s first take a look at the odds below (NCAA basketball lines taken from a prominent international sportsbook, where the listed odds are not much different from those in Vegas), then we’ll analyze some takeaways after the jump below. (ed. note: for those unfamiliar with futures odds, +380 represents the amount of money a potential gambler would receive back if he placed a $100 wager on that team and it won. He would, in other words, win back 3.8 times his original wager.)