When Florida had jumped out to a 20-point halftime lead last night, the oddsmakers at PinnacleSports.com were busy handicapping the chances of college football's top programs winning the 2008 title game.

PinnacleSports.com, the largeset sports betting site on the Internet, currently lists Rose Bowl winner USC as the early favorites to win the 2008 BCS Championship at 5/2 odds (i.e., win $5 for every $2 bet).

With quarterback Chad Henne and running back Mike Hart returning for their senior season, Michigan has been installed with the second best odds to win the National Championship at 13/2.

Fresh off their second national title, PinnacleSports.com lists Florida at 7/1 odds to win back-to-back BCS Championships. The 2006 champions Texas have been installed at 10/1, followed by West Virginia (14/1), Sugar Bowl winners LSU (15/1), Oklahoma (17/1) and Arkansas (19/1).

Hawaii is listed — at 100/1.

"It's extremely difficult to handicap potential BCS championship contenders this early because underclassmen are yet to declare for the NFL draft and several coaching changes could still be on the horizon," said Simon Noble of PinnacleSports.com. "The Trojans' ability to re-load their roster with top notch players every year, combined with a number of returning starters and solid coaching staff has made USC a perennial title contender. Although Florida will once again be in the BCS hunt, the difficulty of surviving their SEC schedule may mean the Gators have to bite off more than they can chew, and may yet also face a number of defections to the NFL by underclassmen."

Despite finishing second in the polls after their title game loss, the Ohio State Buckeyes are listed as 28/1 long shots to emerge as college football champions.

PinnacleSports.com has installed Nebraska at 38/1 to win the BCS title followed by Auburn at 46/1. The odds that highly touted freshman Jimmy Clausen can replace Brady Quinn and capture a National Championship for Notre Dame for the first time since 1988 stand as a 47/1 long shot.

Coming off their most successful season in school history, the surprising Rutgers Scarlet Knights have been listed at 52/1 along with reigning Big East champs Louisville.

The only team to finish undefeated in the Bowl Subdivison, Boise State has also been made a 100/1 long shot to capture the national title along with traditional powerhouses Miami, Florida State, and UCLA.

Odds To Win 2008 BCS Championship Game

USC 5/2

Michigan 13/2

Florida 7/1

Texas 10/1

West Virginia 14/1

LSU 15/1

Oklahoma 17/1

Arkansas 19/1

Ohio State 28/1

Nebraska 38/1

Auburn 46/1

Notre Dame 47/1

Rutgers 52/1

Louisville 52/1

California 67/1

BYU 67/1

Georgia 73/1

Tennessee 99/1

Wisconsin 100/1

Miami (FL) 100/1

Florida State 100/1

Wake Forest 100/1

Boise State 100/1

Georgia Tech 100/1

South Carolina 100/1

Clemson 100/1

UCLA 100/1

TCU 100/1