Oregon vs Indiana Prediction, Picks & Odds for January 9 — Peach Bowl

Caley's prediction: Hoosiers hold the high ground ahead of Friday's CFP semifinal.

Andrew Caley - Senior Betting Analyst at Covers.com
Andrew Caley • Senior Betting Analyst
Jan 8, 2026 • 14:00 ET • 4 min read

NCAAF

Match starts: 11 hrs
IU
60 %
ORE
40 %
EXPERT PICK - SPREAD
Indiana -3.5 (-115) Indiana -3.5 (-115)
Read Analysis
Fernando Mendoza Indiana Hoosiers NCAAF
Photo By - Imagn Images. Indiana Hoosiers quarterback Fernando Mendoza (15) throws a pass.

It’s an all-Big Ten matchup in the College Football Playoff Semifinal at the Peach Bowl, as Heisman winner Fernando Mendoza and No. 1-ranked Indiana take on Dante Moore and the Oregon Ducks, with a spot in the National Championship on the line.

This rematch harks back to an epic October battle in Oregon, where the Hoosiers came out on top. 

My Oregon vs. Indiana predictions break down why an encore is in store on Friday night at Mercedes-Benz Stadium.

Read more in my college football picks for January 11. 

Oregon vs Indiana predictions for the Peach Bowl

Who will win the Peach Bowl?

Despite the Hoosiers entering the College Football Playoff Semifinal undefeated and led by a Heisman Trophy-winning quarterback, some still hesitate to call them the best team in the country.

That skepticism comes from the logo on the helmet, not the product on the field. It’ll be close, but Mendoza & Co. get the job done.

Oregon vs Indiana best bet: Indiana -3.5 (-110)

Back in October, Indiana prevailed in Eugene 30–20 as 6.5-point underdogs, buoyed by two interceptions from Dante Moore.

With the Hoosiers listed as 3.5-point favorites this time around, the swing in the line is warranted. Indiana is talented, well-coached, and operating at another level after making Alabama look like a G5 team.

Oregon running back Jordon Davison being ruled out is also a major blow; he made up one-half of the Ducks’ potent rushing attack. Expect Indiana to force Moore into a critical mistake, cover the spread, and continue this epic run.

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Oregon vs Indiana same-game parlay

Mendoza has thrown for 3,172 yards with 36 touchdowns and just six interceptions this season, averaging 227 yards per game. While he only threw for 192 in the Rose Bowl against Alabama, that came on just 16 attempts, and he barely threw the ball in the second half.

A big chunk of those yards and touchdowns has gone to Elijah Sarratt. The wideout has scored a conference-leading 13 touchdowns, finding the end zone in nine of his last 10 games, including the Big Ten Championship and Rose Bowl.

Oregon vs Indiana SGP

  • Indiana -3.5
  • Fernando Mendoza Over 208.5 passing yards
  • Elijah Sarratt anytime touchdown

Our deep-ball SGP: A QB's best friend

A QB’s best friend is their tight end. With two strong defenses on the field, expect both pivots to target their TEs in the red zone for scores.

Oregon vs Indiana SGP

  • Fernando Mendoza Over 208.5 passing yards
  • Charlie Becker anytime touchdown
  • Dante Moore Over 216.5 passing yards
  • Kenyon Sadiq anytime touchdown

Oregon vs Indiana odds

  • Spread: Oregon +3.5 (-110) | Indiana -3.5 (-110)
  • Moneyline: Oregon +154 | Indiana -184
  • Over/Under: Over 47.5 (-110) | Under 47.5 (-110)

Oregon vs Indiana trend to know

Indiana has covered the spread in nine of its last 13 games (4.60 Units / 32% ROI). Find more college football betting trends for Oregon vs Indiana.

How to watch Oregon vs Indiana

Location Mercedes-Benz Stadium, Atlanta, GA
Date Friday, January 9, 2026
Kickoff 7:30 p.m. ET
TV ESPN

Oregon vs Indiana latest injuries

Oregon vs Indiana weather

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Odds are correct at the time of publishing and are subject to change.
Not intended for use in MA.
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Andrew Caley
Senior Betting Analyst

When his dreams of becoming the next Steve Nash died, all Andrew "Taco" Caley wanted to do was write about sports, something he's been doing at Covers for more than a decade. A Journalism School grad from Holland College in Charlottetown, PEI, Andrew previously worked at The Chronicle Herald and Star Metro, but knew in his heart that his future lay in sports. He began at Covers as a news editor and has now done everything under the sun when it comes to content. His work has been seen on TSN, Sportsnet, VSiN, and CBS. These days Andrew's betting expertise is focused on his favorite teams; the Toronto Blue Jays and Toronto Raptors. He's also an avid college football fan and bettor. He can't be friends with you if you don't appreciate a Service Academy Under. The sportsbook where he does the bulk of his betting is bet365 thanks to its numerous prop betting options and competitive odds. His best advice? Find the balance between the numbers and what you see on the playing field. Then find the best price using multiple books. And don’t ask him where the nickname Taco comes from. It's not an interesting story. Seriously.

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