Rice Owls are the market favorite, with best odds around 1.87 and median around 1.77, compared with Houston around 2.01. That lines up to roughly a 53% chance for Rice versus 47% for Houston, and the consensus is strong across six bookmakers. Even with Houston listed as the home team, the prices imply Rice has the edge. Expect a tight, competitive game, but Rice to edge out a win.
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