Here is the inaugural version of the Betting Market Power Rankings for Men's College Basketball. I first created these for the NFL at the Advanced NFL Stats Community site. I added the NBA earlier this month when I launched this blog. After some tinkering, I've come up with an approach that works for college basketball.
I initially attempted to apply the same method I use for the NFL and NBA rankings to College Basketball, but after testing out the results, I realized that something different was required. The issue with college basketball is that from early January to early March, most teams are only playing within their own conference. My NFL/NBA method only looks back a few weeks to determine the relative strength of each team. But if the Big Ten teams have only been playing against other Big Ten teams and the Colonial Athletic Association (CAA) teams are only playing other CAA teams, my method has no idea where to rank the relative strength of these two conferences.