Bruce Feldman has Michigan at 22:1 to win it all.
"2-Michigan, 22-1: The Wolverines had a great first season under Brady Hoke, capping it off by finally beating Ohio State and winning a BCS bowl. This team still is explosive with Denard Robinson back. Word is, Shoelace has shown "marked improvement" according to OC Al Borges in terms of the dual-threat guy's understanding of the offense and improved footwork. RB Fitz Toussaint really emerged last year to take some pressure of Robinson and the physical runner is back. Michigan does have to replace the anchor of the O-line in center David Molk, but converted LG Ricky Barnum has ability. Defensively, DC Greg Mattison worked wonders last year. Now, he has to replace his best D-lineman, Mike Martin and continue to bolster a young D. We'll see if Craig Roh and Jibreel Black can take a big step forward. We'll find out how tough this defense is right away when they face the defending BCS champs Alabama who return the nucleus of its O-line and prides itself on out-muscling opponents. Pull the upset in Week 1 and Michigan is officially all the way back and a national title contender. They also have three other challenging games away from the Big House: at ND, at Nebraska and at Ohio State."
OSU spotted at ∞:1