Handicapping the 2013 Big Ten race

My hometown is already packed full of visitors and C-list celebrities in anticipation of the Kentucky Derby on Saturday. If you've never been, well come on down and enjoy the party. I've got a spare guest room.

When you live in Louisville, horse racing and handicapping are about all you can think of this time of year, in between bites of Derby Pie. So, like last year, I've imagined what the Big Ten 2013 program would look like if the championship chase were more like a horse race. I think the odds would go a little something like this (like the Churchill Downs toteboard, our odds only go up to 99-to-1),:

Ohio State: Even

Despite being scratched from last year's race by NCAA probation, the Buckeyes are the odds-on favorites this time around. They've got big-time winners both at trainer (Urban Meyer) and on the reins (Braxton Miller), and their schedule looks like they should get a clean trip.

Michigan: 5-to-1

The Wolverines are switching running styles this year, ditching the spread for a more traditional passing offense led by Devin Gardner. No need for blinders, as Taylor Lewan has the blind side locked down. Still, this entry hasn't had enough first-place finishes in its recent past performances.

Nebraska 6-to-1

The Huskers have been like one of those tantalizing horses in the program with a huge Beyer speed figure that always disappoints when you put the big money on them. Expect them to be a major pace-setter because of their early schedule, but that defense will determine whether they can make a long-awaited trip to the winners' circle.

Wisconsin: 10-to-1

Pretty good value here for a three-time defending champion of the Run for the Rose Bowl. Still, the Badgers are operating under new connections this time around (new coach Gary Andersen) and will have to prove they can track down Ohio State in the Leaders Division.

Northwestern 12-to-1

Another good option for those seeking value, as the Wildcats might be the wise-guy pick after last year's 10-win season. The problem is the potential of a very bumpy trip with that schedule (Ohio State and Wisconsin as crossover opponents). And there will be a lot of jostling in that Legends Division.

Michigan State: 20-to-1

Some bettors like to look for the bounce factor, meaning they seek out otherwise successful horses who are coming off one bad outing. The Spartans look like the best bounce candidate following last year's 6-6 season, which came after two straight double-digit win seasons. They have a more favorable post position (er, schedule) this time, but their early works suggest some lingering questions about the offense.

Minnesota: 50-to-1

We've reached the real long shots now. Jerry Kill has shown that his charges take off in their third year of training, and the Gophers have turned in some encouraging works. Still, they'll need to run a perfect race to factor in the money.

Indiana: 65-to-1

This would be a Giacomo-level upset. An exotic pick, at best. But with the Hoosiers' ability to score points, they could pull off a shocker if everyone else falters.

Purdue: 75-to-1

Handicappers got burned by picking Purdue as their sleeper last year. The Boilermakers might be even more of a mystery horse this year with a new trainer in Darrell Hazell. Still looks like an also-ran, but don't forget that they seem to run neck-and-neck with Ohio State lately, for whatever reason.

Iowa: 80-to-1

Failed to fire last year, and the speed figures aren't pretty. If you're betting the Hawkeyes, you're basing it on the pedigree of Kirk Ferentz. Should show more fight this time, but might be too much of a plodder to hit the board.

Illinois: 99-to-1

Stumbled out of the gate, no rally, didn't factor in 2012. Equipment changes on offense (new coordinator Bill Cubit's spread system) should help. But Tim Beckman has a lot of work to do to show he's not saddling another nag.

Penn State: Scratched

DQ'd by the NCAA. (Now accepting future wagering on 2016).

So there's how I'd write the program. What kind of odds would you give to each team, and who would you put money on in 2013?