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Boise State's odds of winning the 2012 national championship: Long

Call it the Joe Southwick factor, but Vegas is not high on the Broncos winning it all. Boise State is a 50/1 longshot. Investment opportunity, anyone? Other teams at 50/1 include TCU and Auburn. LSU is the favorite at 19/4. Notably, the Broncos have better odds than 75/1 Michigan State and infinitely better odds than Idaho, to whom no one even bothered assigning odds.

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