Houston is the obvious favorite, but I could see a KSU getting hot again and making a run since UH, Us, Arizona are probably more concerned with players getting injured during a meaningless tournament than winning it. Personally I wouldn't be upset for us to pull a 2019 and lose right off the bat, keep our players rested.
Houston - 100
Texas Tech +440
Iowa State +550
Arizona +700
Kansas +1200
BYU +1600
Baylor +3500
West Virginia +10000
Cincinnati +15000
Kansas State +20000
Arizona State +25000
Oklahoma State +25000
Colorado +25000
TCU +25000
UCF +25000
Utah +25000
Houston - 100
Texas Tech +440
Iowa State +550
Arizona +700
Kansas +1200
BYU +1600
Baylor +3500
West Virginia +10000
Cincinnati +15000
Kansas State +20000
Arizona State +25000
Oklahoma State +25000
Colorado +25000
TCU +25000
UCF +25000
Utah +25000