They find the Wolverines, who have not won the Big Ten in over a decade, at 9/5 odds to make the CFP.
The only teams with better CFP odds at this point are defending national champion Alabama (3/2) and Oklahoma (7/4). The Sooners play host to Ohio State in September.
Related: Bovada's conference favorites
After the Wolverines, Ohio State and 2015 national runner-up Clemson both have 2/1 odds to make the playoff.
The next-best odds in the Big Ten belong to Michigan State – a 2015 playoff participant along with Oklahoma, Alabama and Clemson – at 10/1.
Ohio State and Michigan both had 12/1 odds from Bovada to win the national championship in mid-January, but the Buckeyes rose to 6/1 in February. Those were the best in the country at the time.
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