The BCS formula (which takes into account rankings in both the Associated Press and Coaches Poll, strength of schedule, quality wins, plus composite rankings from seven computer calculations in which the lowest score is discarded) is used to determine the top two teams that will compete for the national title at the Tostitos Fiesta Bowl in Tempe, Arizona, January 4th. It has nothing to do with BCS Bowl (Fiesta, Sugar, Orange, Rose) selection seeding.
The final BCS rankings are released Dec. 8.
Champions of the six major conferences (Big 12, Big 10, SEC, ACC, Big East, PAC 10) automatically qualify for a BCS Bowl. This year, the Rose Bowl is slated to host the Big 10 and PAC 10 champions.
The formula also designates two at-large teams for BCS Bowl games. A non league champion team from one of the BCS conferences with at least nine wins and ranked in the BCS Top 4 is guaranteed an at-large selection into a BCS Bowl. An independent or a team from a non-BCS conference with at least nine wins and ranked in the BCS Top 6 is guaranteed an at-large selection into a BCS Bowl.
Here is a list of the remaining games for teams ranked ahead of Texas (and those close behind) in this week's BCS poll:
6. Virginia Tech (10.88): Pitt, at Syracuse, W. Virginia, Virginia, at Miami
7. TEXAS (15.64): at Nebraska, Baylor, at Texas Tech, Texas A&M