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2023 Liberty Bowl Betting Odds, Predictions, Preview

Kevin Rogers
Kevin Rogers Sports Betting Expert
6 minute read
Bowl Central

The 2023 Liberty Bowl concluded on Friday December 29, 2023 and bettors watched Memphis defeat Iowa State, 36-26 in Memphis, Tennessee.

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

Liberty Bowl Betting Odds

MEM @ IAST Odds

  • Full Game
  • 1H
  • 1Q
  • 2Q
  • 3Q
  • 4Q
  • Spread
  • Total
  • Moneyline
Final
Memphis Tigers 261 Memphis
+7 -110 +6 -110 +6.5 -100 +6.5 -115 +6 -110 +5.5 even +5.5 -110 +6.5 -113 +10.5 -110  
Iowa State Cyclones 262 Iowa State
-7 -110 -6 -110 -6.5 -122 -6.5 -105 -6 -110 -5.5 -120 -5.5 -115 -6.5 -115 -10.5 -110  
Final
Memphis Tigers 261 Memphis
o58.5 -110 o30.5 -105 o30.5 -110 N/A o30 -110 o29.5 -118 o28.5 -110 o29.5 -125 o58.5 -110  
Iowa State Cyclones 262 Iowa State
u58.5 -110 u30.5 -115 u30.5 -110 N/A u30 -110 u29.5 -102 u28.5 -115 u29.5 -106 u58.5 -110  
Final
Memphis Tigers 261 Memphis
+198 +220 +220 +225 +215 +195 N/A +240 +290  
Iowa State Cyclones 262 Iowa State
-245 -270 -280 -275 -267 -238 N/A -360 -375  
Final
Memphis Tigers 261 Memphis
+7 -110 N/A N/A N/A +4.5 -115 N/A +5.5 -115 N/A +10.5 -110  
Iowa State Cyclones 262 Iowa State
-7 -110 N/A N/A N/A -4.5 -105 N/A -5.5 -115 N/A -10.5 -110  
Final
Memphis Tigers 261 Memphis
o58.5 -110 N/A N/A N/A o27.5 -120 N/A o28.5 -115 N/A o58.5 -110  
Iowa State Cyclones 262 Iowa State
u58.5 -110 N/A N/A N/A u27.5 even N/A u28.5 -110 N/A u58.5 -110  
Final
Memphis Tigers 261 Memphis
+198 N/A N/A N/A N/A N/A N/A N/A +290  
Iowa State Cyclones 262 Iowa State
-245 N/A N/A N/A N/A N/A N/A N/A -375  
Final
Memphis Tigers 261 Memphis
+7 -110 +3.5 -120 +3.5 -110 +3 -105 +3.5 -115 +3.5 -122 +2.5 even +2.5 +107 +10.5 -110  
Iowa State Cyclones 262 Iowa State
-7 -110 -3.5 -110 -3.5 -114 -3 -120 -3.5 -105 -3.5 +102 -2.5 -125 -2.5 -155 -10.5 -110  
Final
Memphis Tigers 261 Memphis
o58.5 -110 o13 -120 o13.5 -120 N/A o13 -115 o13.5 -105 o13.5 -135 o13.5 -122 o58.5 -110  
Iowa State Cyclones 262 Iowa State
u58.5 -110 u13 -110 u13.5 -104 N/A u13 -105 u13.5 -115 u13.5 +105 u13.5 -107 u58.5 -110  
Final
Memphis Tigers 261 Memphis
+198 +190 +190 +190 +192 +170 N/A +185 +290  
Iowa State Cyclones 262 Iowa State
-245 -240 -250 -250 -235 -205 N/A -265 -375  
Final
Memphis Tigers 261 Memphis
+7 -110 N/A +3.5 -110 N/A N/A +8.5 -115 +2.5 even N/A +10.5 -110  
Iowa State Cyclones 262 Iowa State
-7 -110 N/A -3.5 -114 N/A N/A -8.5 -115 -2.5 -125 N/A -10.5 -110  
Final
Memphis Tigers 261 Memphis
o58.5 -110 N/A o20.5 -165 N/A N/A o16.5 -135 o16.5 -130 N/A o58.5 -110  
Iowa State Cyclones 262 Iowa State
u58.5 -110 N/A u20.5 +126 N/A N/A u16.5 +105 u16.5 even N/A u58.5 -110  
Final
Memphis Tigers 261 Memphis
+198 N/A +172 N/A N/A N/A N/A N/A +290  
Iowa State Cyclones 262 Iowa State
-245 N/A -225 N/A N/A N/A N/A N/A -375  
Final
Memphis Tigers 261 Memphis
+7 -110 N/A +2.5 -110 N/A N/A N/A +2.5 even N/A +10.5 -110  
Iowa State Cyclones 262 Iowa State
-7 -110 N/A -2.5 -114 N/A N/A N/A -2.5 -130 N/A -10.5 -110  
Final
Memphis Tigers 261 Memphis
o58.5 -110 N/A o20.5 -144 N/A N/A N/A o13.5 -110 N/A o58.5 -110  
Iowa State Cyclones 262 Iowa State
u58.5 -110 N/A u20.5 +110 N/A N/A N/A u13.5 -115 N/A u58.5 -110  
Final
Memphis Tigers 261 Memphis
+198 N/A +146 N/A N/A N/A N/A N/A +290  
Iowa State Cyclones 262 Iowa State
-245 N/A -188 N/A N/A N/A N/A N/A -375  
Final
Memphis Tigers 261 Memphis
+7 -110 N/A +2.5 -112 N/A N/A N/A +0.5 -110 N/A +10.5 -110  
Iowa State Cyclones 262 Iowa State
-7 -110 N/A -2.5 -112 N/A N/A N/A -0.5 -115 N/A -10.5 -110  
Final
Memphis Tigers 261 Memphis
o58.5 -110 N/A o14.5 +114 N/A N/A N/A o14.5 +105 N/A o58.5 -110  
Iowa State Cyclones 262 Iowa State
u58.5 -110 N/A u14.5 -142 N/A N/A N/A u14.5 -135 N/A u58.5 -110  
Final
Memphis Tigers 261 Memphis
+198 N/A +146 N/A N/A N/A N/A N/A +290  
Iowa State Cyclones 262 Iowa State
-245 N/A -188 N/A N/A N/A N/A N/A -375  
  • Opening point spread: Iowa State -6.5 (-115)
  • Opening moneyline: Iowa State -240/Memphis +196
  • Opening total: Over/Under 57.5 points scored
  • Time: 3:30 p.m. ET Friday, Dec. 29 (ESPN)

UPDATE 3:15 P.M. ET FRIDAY, DEC. 29: Iowa State opened -6.5 at BetMGM on Dec. 3 and by Dec. 5 was already out to -8.5. The line went to Cyclones -9.5 on Dec. 21 and -10.5 Thursday. This morning brought a dip to Iowa State -10, but it's now at -10.5 again.

Contrary to the spread climb, underdog Memphis is taking 56% of bets/61% of money. The Tigers are also taking 64% of moneyline tickets, but 63% of moneyline cash is on the Cyclones.

BetMGM's total spent most of the month at 57.5, at various juice, then went to 58.5/59.5 today. It's now at 58.5 (Over -115), with tickets in the 2.5/1 range and money in the 3/1 range on the Over.

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

Liberty Bowl Pick, Prediction

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

Quarterback Seth Henigan elected to stay with Memphis through 2024 and looks to lead the Tigers in their home stadium against Iowa State's 3-3-5 defense.

Memphis ended the season with national average numbers in Success Rate and EPA against the 3-3-5, but it now gets a Cyclones version that's top-20 in coverage, per PFF.

Iowa State is sure to give the Tigers plenty of complications, as two offensive line starters have hit the transfer portal.

Quarterback Rocco Becht was electric in his final three games, posting seven touchdowns to a single interception.

Memphis has struggled to contain explosives all season, sitting outside the top 100 in standard downs. That's music to the ears of Becht, who leads an offense that finished first overall in standard downs explosives.

Pick: Iowa State -8.5

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.

Liberty Bowl Betting Resources

  • Date: Wednesday, December 28, 2023
  • TV-Time: ESPN, 5:30 p.m. ET
  • Venue: Liberty Bowl Memorial Stadium
  • Location: Memphis, Tennessee

Liberty Bowl History

The Liberty Bowl began in 1959 and the matchup currently features schools from the SEC and Big 12. This game takes place at Liberty Bowl Memorial Stadium from Memphis, Tennessee and is played in December or January.

Arkansas has the most appearances in this game with six but owns a 3-3 record. The Ole Miss Rebels have captured the most Liberty Bowl victories, winning all four of their postseason visits to Memphis.

With a reduced capacity due to the COVID-19 global pandemic, West Virginia edged Army 24-21 as the underdog cashed. The 'over' also connected.

On Dec. 28, 2021, Mississippi State of the SEC was matched up with Texas Tech of the Big 12. It was head coach Mike Leach's current team, the Bulldogs, against his former team, the Red Raiders. Texas Tech was a 10-point underdog, cashing easily on the money line at +300 with a 38-7 win as the 'under' cashed.

The underdog is now 6-2 ATS across the past eight Liberty Bowls after Memphis topped Iowa State, 36-26 as 10.5-point 'dogs in 2023.

Liberty Bowl Betting Results

YearMatchupSpread, TotalsATS Result
2023Memphis 36 Iowa State 26Iowa State -10.5, 58.5Underdog, Over
2022Arkansas 55 Kansas 53Arkansas -1.5, 70.5Favorite, Over
2021Texas Tech 34 Miss. State 7Miss. State -9.5, 58Underdog, Under
2020West Virginia 24 Army 21West Virginia -10, 40.5Underdog, Over
2019Navy 20 Kansas State 17Navy -2, 53.5Favorite, Under
2018Oklahoma State 38 Missouri 33Missouri -9.5, 72.5Underdog, Under
2017Iowa State 21 Memphis 20Memphis -3.5, 67.5Underdog, Under
2016Georgia 31 TCU 23TCU -3, 48.5Underdog, Over
2015Arkansas 45 Kansas State 23Arkansas -13.5, 56.5Favorite, Over
2014Texas A&M 45 West Virginia 37West Virginia -3.5, 67Underdog, Over
2013Mississippi State 44 Rice 7Mississippi State -7, 50Favorite, Over
2012Tulsa 31 Iowa State 17Tulsa -1.5, 50.5Favorite, Under
2011Cincinnati 31 Vanderbilt 24Vanderbilt -2, 50.5Underdog, Over
2010UCF 10 Georgia 6Georgia -6, 53.5Underdog, Under
2009Arkansas 20 East Carolina 17 (OT)Arkansas -7.5, 60Underdog, Under
2008Kentucky 25 East Carolina 19East Carolina -3, 41Underdog, Over
2007Mississippi State 10 UCF 3UCF -3, 53.5Underdog, Under
2006South Carolina 44 Houston 36South Carolina -5, 56Favorite, Over
2005Tulsa 31 Fresno State 24Fresno State -7.5, 61Underdog, Under
2004Louisville 44 Boise State 40Louisville -9.5, 80Underdog, Over
2003Utah 17 Southern Miss 0Utah -2, 43Favorite, Under
2002TCU 25 Colorado State 3Colorado -3, 48.5Underdog, Under
2001Louisville 28 BYU 10Louisville -2.5, 66.5Favorite, Under
2000Colorado State 22 Louisville 17Colorado State -1.5, 53.5Favorite, Under
1999Southern Miss 23 Colorado State 17Southern Miss -6.5, 44.5Underdog, Under
1998Tulane 41 BYU 27Tulane -7, 64Favorite, Over
1997Southern Miss 41 Pittsburgh 7Southern Miss -10, 51.5Favorite, Under
1996Syracuse 30 Houston 17Syracuse -17, 58.5Underdog, Under
1995East Carolina 19 Stanford 13Stanford -3, 53.5Underdog, Under
1994Illinois 30 East Carolina 0Illinois -7, 40Favorite, Under
1993Louisville 18 Michigan State 7--
1992Mississippi 13 Air Force 0--
1991Air Force 38 Mississippi State 15--
1990Air Force 23 Ohio State 11--
1989Mississippi 42 Air Force 29--
1988Indiana 34 South Carolina 10--
1987Georgia 20 Arkansas 17--
1986Tennessee 21 Minnesota 14--
1985Baylor 21 LSU 7--
1984Auburn 21 Arkansas 15--
1983Notre Dame 19 Boston College 18--
1982Alabama 21 Illinois 15--
1981Ohio State 31 Navy 28--
1980Purdue 28 Missouri 25--
1979Penn State 9 Tulane 6--
1978Missouri 20 LSU 15--
1977Nebraska 21 North Carolina 17--
1976Alabama 36 UCLA 6--
1975USC 20 Texas A&M 0--
1974Tennessee 7 Maryland 3--
1973N.C. State 31 Kansas 18--
1972Georgia Tech 31 Iowa State 30--
1971Tennessee 14 Arkansas 13--
1970Tulane 17 Colorado 3--
1969Colorado 47 Alabama 33--
1968Mississippi 34 Virginia Tech 17--
1967N.C. State 14 Georgia 7--
1966Miami (FL) 14 Virginia Tech 7--
1965Mississippi 13 Auburn 7--
1964Utah 32 West Virginia 6--
1963Mississippi State 16 N.C. State 12--
1962Oregon State 6 Villanova 0--
1961Syracuse 15 Miami (FL) 14--
1960Penn State 41 Oregon 12--
1959Penn State 7 Alabama 0--

College Football Bowl Betting Resources

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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.

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Kevin Rogers

Kevin Rogers

Kevin has been handicapping professionally since 2007 at VegasInsider before shifting to ScoresAndOdds. He focuses on MLB, NFL, college football, NBA, college basketball, and NHL and mainly uses trends, systems, and situations as his top handicapping angles. More from Kevin Rogers
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