re: Someone Please Explain To Me

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If Oregon beats Auburn then LSU has the same chance

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Yes.

However, as long as the SEC is holding serve in the BCSCG, LSU has a good chance to beat the national champions in any given year.

As long as you figure your team isn't going to win the NC every year, you may as well hope that the teams on your schedule are perceived to be strong, so when you do beat them, your team is perceived as strong.