Indiana and Oregon meet in the College Football Playoff semifinals on Friday night in Atlanta, with the winner earning a spot in the national title game. Here's the latest on the point spread, with a great history of how both teams have fared against the number all season. Some obvious trends, too.
ATLANTA, Ga. — There are only three teams left standing in college football, and we narrow the list to two on Friday night.
No. 1 seed Indiana has a rematch with No. 5 Oregon in the Peach Bowl at Mercedes-Benz Stadium, and the winner will play Miami on Jan. 19 for the national championship. The Hurricanes beat Ole Miss Thursday night to get to the title game.
The Indiana-Oregon matchup is intriguing for many reasons. The game features the two best quarterbacks in the game, Indiana's Fernando Mendoza — who won the Heisman Trophy — and Oregon's dual threat, Dante Moore. Both teams are solid in all three phases, diverse on offense and play with swagger and confidence.
There's also some history. The two teams met on Oct. 11, and Indiana won 30-20 in Eugene. The Hoosiers have been perfect all year, going 14-0 to claim the No. 1 seed in the College Football Playoffs. Oregon only lost once, to Indiana, and is 26-2 over the past two years. Their only loss a year ago was the national champion Ohio State.
Indiana has had similar success. The Hoosiers are 25-2 in the Curt Cignetti era, and their only two losses came a year ago to Ohio State, the champ, and Notre Dame, the national runner-up.
Indiana is favored by 3.5 points on Friday night, which is a big swing from three months ago, when Oregon was a 6.5-point favorite. The over/under is 48.5.
But to some, the line seems too small, because many people — there were 23.9 million TV viewers — watched Indiana destroy Alabama 38-3 last weekend. A lot of people think Indiana is a team of destiny, and can't be stopped.
Many of the same people who like Indiana also remember that the Hoosiers have a huge win over Ohio State in the Big Ten Championship game. The Buckeyes were the near-unanimous No. 1 team in the country from Week 1 on, and Oregon doesn't have that kind of win on their resume. Every single team they beat this season has at least four losses in 2025.
The key to the game? Indiana's defense has been great all year, because they make people one dimensional. Their run defense allows just 73.7 yards per game, second-best in the nation. Alabama rushed for only 23 yards in the Rose Bowl embarrassment. Oregon rushed for only 12 yards in the second half when Indiana stormed back to win in October.
Oregon's Dante Moore got sacked six times in the first Indiana game and was picked off twice. Oregon players and coaches alike are all saying the right things, that Moore is better after eight straight wins, and they're better as a team, too.
There's a difference between hope and fact, though, and there are real concerns as to whether Oregon will be able to run the ball on Friday night.
Freshman Jordan Davison, who rushed for 667 yards and a team-high 15 touchdowns this year, suffered a broken clavicle in the Orange Bowl win over Texas Tech and is not available. Noah Whittington will have to carry the load, but he's a little banged up too, and there's not much depth behind him.
Here's what Indiana has done vs. the point spread during the 12-game regular season.
Indiana by the numbers
Indiana overall record: 14-0
Indiana overall vs. spread: 9-5
Indiana home record: 7-0
Indiana home vs. spread: 4-3
Indiana road record: 5-0
Indiana road vs. spread: 3-2
Indiana neutral site record: 2-0
Indiana neutral site vs. spread: 2-0
Indiana record as favorite: 12-0
Indiana vs. spread as favorite: 7-5
Indiana record as underdog: 2-0
Indiana vs. spread as underdog: 2-0
Indiana over point total: 8
Indiana under point total: 6
What Indiana has done this season
Aug. 30 — No. 20 Indiana beat Old Dominion 27-14 at Memorial Stadium in Bloomington, Ind. as a 23.5-point favorite (did not cover) according to the Fanduel.com gambling website. The point total (41) went under the 53.5 over/under total. Record: 1-0 overall.
Sept. 6 — No. 23 Indiana beat Kennesaw State 56-9 at Memorial Stadium in Bloomington, Ind. as a 35.5-point favorite (covered). The point total (65) went over the 51.5-point line. Record: 2-0 overall.
Sept. 12 (Fri.) — No. 22 Indiana beat Indiana State 73-0 at Memorial Stadium in Bloomington, Ind. as a 46.5-point favorite (covered). The point total (73) went over the 60.5-point line. Record: 3-0 overall.
Sept. 20 — No. 19 Indiana beat No. 9 Illinois 63-10 at Memorial Stadium in Bloomington, Ind. as a 7-point favorite (covered). The point total (73) went over the 51.5 point line. Record: 4-0 overall, 1-0 in Big Ten.
Sept. 27 — No. 11 Indiana beat Iowa 20-15 at Kinnick Stadium in Iowa City, Iowa as a 9.5-point favorite (did not cover). The point total (35) went under the 47.5-point line. Record: 5-0 overall, 2-0 in Big Ten.
Oct. 4 — Bye week.
Oct. 11 — No. 7 Indiana beat No. 3 Oregon 30-20 at Autzen Stadium in Eugene, Ore. as a 6.5-point underdog (covered). The point total (50) went under the 51.5-point line. Record: 6-0 overall, 3-0 in Big Ten.
Oct. 18 — No. 3 Indiana beat Michigan State 38-13 at Memorial Stadium in Bloomington, Ind. as a 26.5-point favorite (did not cover). The point total (51) went over the 48.5-point line. Record: 7-0 overall, 4-0 in Big Ten.
Oct. 25 — No. 2 Indiana beat UCLA 56-6 at Memorial Stadium in Bloomington, Ind. as a 26.5-point favorite (covered). The point total (62) went over the 53.5-point line. Record: 8-0 overall, 5-0 in Big Ten.
Nov. 1 — No. 2 Indiana beat Maryland 55-10 at SECU Stadium in College Park, Md. as a 21.5-point favorite (covered). The point total (65) went over the 51.5-point line. Record: 9-0 overall, 6-0 in Big Ten.
Nov. 8 — No. 2 Indiana defeated Penn State 27-24 at Beaver Stadium in State College, Pa. as a 13.5-point favorite (did not cover). The point total (51) went over the 50.5-point line. Record: 10-0 overall, 7-0 in Big Ten.
Nov. 15 — No. 2 Indiana defeated Wisconsin 31-7 at Memorial Stadium in Bloomington, Ind. as a 28.5-point favorite (did not cover). The point total (38) went under the 43.5-point line. Record: 11-0 overall, 8-0 in Big Ten.
Nov. 22 — Bye week.
Nov. 28 (Fri.) — No. 2 Indiana defeated Purdue 56-3 at Ross-Ade Stadium in West Lafayette, Ind. as a 28.5-point favorite (covered). The point total (59) went over the 53.5-point line. Record: 12-0 overall, 9-0 in Big Ten.
Dec. 6 (Big Ten Championship) — No. 2 Indiana defeated No. 1 Ohio State 13-10 at Lucas Oil Stadium in Indianapolis, Ind. as a 4.5-point underdog (covered). The point total (23) went under the 47.5-point line. Record: 13-0 overall.
Jan. 6 (Rose Bowl/CFP Quarterfinal) — No. 1 Indiana defeated No. 9 Alabama 38-3 at Rose Bowl Stadium in Pasadena, Calif., as a 6.5-point favorite (covered). The point total (41) went under the 48.5-point line. Record: 14-0 overall.
Oregon quarterback Dante Moore had two interceptions against Indiana in the first meeting in October. Imagn ImagesOregon by the numbers
Here's what Oregon has done vs. the point spread during the 12-game regular season.
Oregon overall record: 13-1
Oregon overall vs. spread: 8-6
Oregon home record: 7-1
Oregon home vs. spread: 4-4
Oregon road record: 5-0
Oregon road vs. spread: 3-2
Oregon neutral site record: 1-0
Oregon neutral site vs. spread: 1-0
Oregon record as favorite: 12-1
Oregon vs. spread as favorite: 7-6
Oregon record as underdog: 1-0
Oregon vs. spread as underdog: 1-0
Oregon over point total: 7
Oregon under point total: 7
What Oregon has done this season
Aug. 30 — No. 7 Oregon beat Montana State at Autzen Stadium in Eugene, Ore. as a 27.5-point favorite (covered) according to the Fanduel.com gambling website. The point total (72) went over the 56.5 over/under total. Record: 1-0 overall.
Sept. 6 — No. 6 Oregon beat Oklahoma State 69-3 at Autzen Stadium in Eugene, Ore. as a 28.5-point favorite (covered) according to the Fanduel.com gambling website. The point total (72) went over the 58.5 over/under total. Record: 2-0 overall.
Sept. 13 — No. 4 Oregon beat Northwestern 34-14 at Martin Stadium in Evanston, Ill. as a 25.5-point favorite (did not cover) according to the Fanduel.com gambling website. The point total (48) went under the 58.5 over/under total. Record: 3-0 overall, 1-0 in Big Ten.
Sept. 20 — No. 6 Oregon beat Oregon State 41-7 at Autzen Stadium in Eugene, Ore. as a 35.5-point favorite (did not cover) according to the Fanduel.com gambling website. The point total (48) went under the 56.5 over/under total. Record: 4-0 overall.
Sept. 27 — No. 6 Oregon beat No. 3 Penn State 30-24 in overtime at Beaver Stadium in State College, Pa. as a 3.5-point underdog (covered) according to the Fanduel.com gambling website. The point total (54) went over the 52.5 over/under total. Record: 5-0 overall, 2-0 in Big Ten.
Oct. 4 — Bye week.
Oct. 11 — No. 3 Oregon lost to No. 7 Indiana 30-20 at Autzen Stadium in Eugene, Ore. as a 6.5-point favorite (did not cover). The point total (50) went under the 51.5-point line. Record: 5-1 overall, 2-1 in Big Ten.
Oct. 18 — No. 8 Oregon beat Rutgers 56-10 at SHI Stadium in Piscataway, N.J. as a 17.5-point favorite (covered). The point total (66) went over the 60.5-point line. Record: 6-1 overall, 3-1 in Big Ten.
Oct. 25 — No. 6 Oregon beat Wisconsin 21-7 at Autzen Stadium in Eugene, Ore. as a 30.5-point favorite (did not cover). The point total (28) went under the 44.5-point line. Record: 7-1 overall, 4-1 in Big Ten.
Nov. 1 — Bye week.
Nov. 8 — No. 9 Oregon beat No. 20 Iowa 18-16 at Kinnick Stadium in Iowa City, Iowa as a 5.5-point favorite (did not cover). The point total (34) went under the 40.5-point line. Record: 8-1 overall, 5-1 in Big Ten.
Nov. 14 (Fri.) — No. 8 Oregon beat Minnesota 42-13 at Autzen Stadium in Eugene, Ore. as a 26.5-point favorite (covered). The point total (55) went over the 45.5-point line. Record: 9-1 overall, 6-1 in Big Ten.
Nov. 22 — No. 7 Oregon beat No. 15 USC 42-27 at Autzen Stadium in Eugene, Ore. as a 10.5-point favorite (covered). The point total (69) went over the 59.5-point line. Record: 10-1 overall, 7-1 in Big Ten.
Nov. 29 — No. 6 Oregon beat Washington 26-14 at Husky Stadium in Seattle, Wash. as a 6.5-point favorite (covered). The point total (40) went under the 51.5-point line. Record: 11-1 overall, 8-1 in Big Ten.
Dec. 20 (CFP First Round) — No. 5 Oregon beat No. 12 James Madison 51-34 at Autzen Stadium in Eugene, Ore. as a 20.5-point favorite (did not cover). The point total (85) went over the 47.5-point line. Record: 12-1 overall.
Jan. 1 (Orange Bowl/CFP Quarterfinal) — No. 5 Oregon beat No. 4 Texas Tech 23-0 at Hard Rock Stadium in Miami Gardens, Fla. as a 2.5-point favorite (covered). The point total (23) went under the 49.5-point line. Record: 13-1 overall.