5Dimes has posted early odds on the Sun Belt Champion. As of 8/5/14 the Ragin’ Cajuns are a heavy favorite. Arkansas State is 3rd at 5.5 to 1 odds to win the Sun Belt.
5Dimes Odds to Win Sun Belt: ULL 2-3 USA 4-1 stAte 5.5-1 ULM 6.5-1 Troy 12-1 TXST 30-1 GaSo 50-1 GSU 50-1 Idaho 66-1 App 100-1 NMSU 125-1
— HowlYes (@HowlYes) August 5, 2014
Translating those odds to fair value (removing all the vig) yields the following probability table, based on the early betting market: