Oregon meets No. 1 Indiana in the Peach Bowl College Football Playoff semifinal, Friday night at 4:30 p.m. PT from Mercedes Benz Stadium in Atlanta, televised on ESPN.
Back in October, the Hoosiers manhandled the Ducks in Autzen Stadium, pulling away in the fourth quarter with a touchdown drive and two interceptions to win 30-20. Saturday at the Rose Bowl, Curt Cignetti's squad trounced Alabama 38-3.
So it was a bit of surprise when the opening odds forecast the playoff favorites to win a tight, close game in the rematch. Indiana opened as a four-point favorite with an over/under of 48.5.
Hoosiers remain favored, but the line moves closer
Three days closer to gametime, the point spread has notched down to the Hoosiers -3.5, and the over/under has dropped to 46.5. The Ducks are +150 on the Moneyline, the Big Ten Championships -180.
And now for the 36th way Mike Shanahan and #iufb has exploited good defenses this season, Roman Hemby out of the backfield: pic.twitter.com/6iOtQQckgr
— Trent McGee (@stmcgee) January 5, 2026
One factor in the line movement is two key injuries on the Indiana defense. Defensive ends Stephen Daley and Kellan Wyatt will miss the game with a leg and a knee injury. Daley had 19 tackles for loss this season, tops in the Big Ten, and 5.5 sacks.
The first of three mandatory official injury reports is due out this afternoon from both teams.