2023 Arizona Bowl Betting Odds, Predictions, Preview

The 2023 Arizona Bowl concluded on Saturday December 30, 2023 and bettors watched Wyoming edge Toledo, 16-15 from Arizona Stadium in Tucson, Arizona.

Recap all the 2024 Arizona Bowl Betting Odds, Picks, Predictions and History below and be sure to check back for the 2024 installment.

Arizona Bowl Betting Odds


  • Opening point spread: Toledo -1.5
  • Opening moneyline: Toledo -125/Wyoming +105
  • Opening total: Over/Under 45.5 points scored
  • Time: 4:30 p.m. ET Saturday, Dec. 30 (CW Network)

UPDATE 4:15 P.M. ET SATURDAY, DEC. 30: With the Arizona Bowl kickoff minutes away, Wyoming is laying 4.5 points in BetMGM's college football bowl odds market. The Cowboys (8-4 SU/7-4-1 ATS) opened as 1.5-point underdogs back on Dec. 3. But the line jumped the fence to Wyoming -1 by Dec. 5 and has been slowly increasing since.

Today alone, the line is up a point, from Cowboys -3.5 to -4.5. Spread tickets are running almost 5/1 and spread money 3/1-plus on Wyoming. Additionally, the Pokes are taking 61% of moneyline tickets/78% of moneyline dollars.

BetMGM's total opened at 45.5 on Dec. 3, dipped to 44.5 on Dec. 4 and stuck there all month. This morning, the total fell to 44. However, tickets are 2/1 and money 3/1-plus on the Over.

Toledo (11-2 SU/6-7 ATS) won't have starting QB DeQuan Finn, who is in the transfer portal.

Click here for Vegas Insider senior reporter Patrick Everson's full College Football Bowl Odds: Spreads, Lines, Trends for Every Bowl Game.

Arizona Bowl Pick, Prediction

Action Network college football betting expert Collin Wilson offers this prediction:

Is there any doubt the most motivated team in bowl season will be Wyoming after Craig Bohl gives his final pregame speech? The Wyoming head coach announced he will retire after this game, concluding a coaching career that started as a graduate assistant in Nebraska back in 1981.

Bohl’s final task is taking on a Toledo team fresh off a loss in the MAC Championship game.

The Rockets lost quarterback Dequan Finn to the transfer portal after five years of service. Backup Tucker Gleason did have a strong showing in the advanced stats while enjoying a cup of coffee in 2022, but he now faces a Wyoming defense that doesn't allow the big play.

The Cowboys ended the season scoring 84 points in their final two games, all powered by the legs and arm of quarterback Andrew Peasley.

Pick: Wyoming -3

For more college football picks, check out Action Network's College Football Bowl Confidence Pool Rankings: Collin Wilson’s Picks for All 2023 Bowl Games.

Arizona Bowl Betting Resources

  • Date: Saturday, December 31, 2023
  • TV-Time: CW | Barstool, 4:30 p.m. ET
  • Venue: Arizona Stadium
  • Location: Tucson, Arizona

Arizona Bowl History

The Arizona Bowl began in 2015 and the matchup now features schools from MAC and the Mountain West conferences, after previously having a tie-in with the Sun Belt Conference. The game takes place at Arizona Stadium from Tucson, Arizona.

The inaugural Arizona Bowl pitted a pair of Mountain West schools as Nevada held off Colorado State, 28-23.

New Mexico State thrilled its fan base with a 26-20 overtime victory over Utah State in the 2017 installment of the game, covering as 5.5-point favorites. It was the first bowl win for the Aggies since 1960.

Nevada edged Arkansas State in overtime of the 2018 edition, 16-13, marking the third 'under' in the five-game history of the Arizona Bowl.

Wyoming helped the Mountain West improve to 4-1 in the Arizona Bowl as the Cowboys cruised past Georgia State in the 2019 installment.

The 2020 version of this bowl had a huge surprise, as the Ball State Cardinals of the MAC won outright as 9.5-point underdogs against San Jose State of the MWC. The Under has cashed in three of the past four, and four of six, in this bowl game.

The 2021 installment, which was sponsored and to be streamed on Barstool Sports, was canceled. Boise State had COVID-19 issues, forcing them to pull out. Central Michigan then moved to the Sun Bowl with a vacancy, ending up with a much bigger pay day.

The last two seasons have seen close finishes as Ohio got past Wyoming in overtime, 30-27 in 2022. Wyoming kicked a last-second field goal to win the 2023 Arizona Bowl, 16-15 against Toledo.

Arizona Bowl Betting Results

YearMatchupLine, TotalATS Result
2023Wyoming 16 Toledo 15 Wyoming -4.5, 43.5Underdog, Under
2022Ohio 30 Wyoming 27 (OT)Ohio -3, 43Underdog, Push
2020Ball State 34 San Jose State 13San Jose State -9.5, 66Underdog, Under
2019Wyoming 38 Georgia State 17Wyoming -7.5, 49.5Favorite, Over
2018Nevada 16 Arkansas State 13 (OT)Nevada -1.5, 57.5Favorite, Under
2017New Mexico State 26 Utah State 20 (OT)Utah State -5.5, 64Underdog, Under
2016Air Force 45 South Alabama 21Air Force -14.5, 54Favorite, Over
2015Nevada 28 Colorado State 23Colorado State -4.5, 56Underdog, Under

College Football Bowl Betting Resources

College Football Playoff Odds: Lines, Spreads, Betting Trends for Semifinal Games

College Football Playoff odds for the semifinals are on the board and getting attention, even as debate rages over the four participants. Michigan nabbed the No. 1 ranking and a meeting with No. 4 Alabama in the Rose Bowl on New Year's Day. No. 2 Washington then faces No. 3 Texas in the Sugar Bowl.

Here’s everything you need to know about College Football Playoff odds for the semis: opening lines, spreads and betting trends for each game, as multiple oddsmakers provide insights on CFP odds and action. Check back regularly for updates and use our new ESPN BET bonus code VIBONUS to get the most out of your action.

College Football Playoff Odds for Semifinals

North Carolina sports bettors can use our BetMGM North Carolina Bonus Code to claim your pre-registration offer today!