The 2020-21 pre-season is an interesting comparison...
We were #8 in that year's pre-season AP poll, and T-#10 in pre-season odds (according to covers.com archives). But our pre-season odds were +1400, which is right around (if not slightly better than) where we are now.
That year, Gonzaga and Baylor were #1/2 in the pre-season AP and had the highest odds at +800 with a lot of teams close behind, while this year Duke and Florida are more like +600-700 and Michigan is around +800, then there's a gap before UConn and Illinois, so this year's odds are more top-heavy. Hopefully they're wrong about those top teams and/or us.
Side note: that season edged this past one as our highest KenPom/Torvik finish of BU's tenure. Right or wrong, the tournament can be a painful way to measure a season.