2023 New Mexico Bowl Betting Odds, Predictions, Preview

The 2023 New Mexico Bowl concluded on Saturday, December 23, 2023 and bettors watched Fresno State blast New Mexico State in wire-to-wire fashion, 37-10. The Bulldogs cashed as +3.5-point underdogs and paid out +140 odds on the moneyline.

Recap all the 2023 New Mexico Bowl Betting Odds, Picks, Predictions and History below and be sure to check back for the 2024 installment.

New Mexico Bowl Betting Odds


  • Opening point spread: New Mexico State -2.5
  • Opening moneyline: New Mexico State -140/Fresno State +118
  • Opening total: Over/Under 51 points scored
  • Time: 5:45 p.m. ET Saturday, Dec. 16 (ESPN)

UPDATE 5 P.M. ET SATURDAY: DraftKings Sportsbook opened New Mexico State -1 on Dec. 3, and by the evening of Dec. 4. the Aggies were already out to -3. Since then, NMSU has mostly toggled between -3.5/-4, but the line is now Aggies -3 (-120).

Spread tickets are running 2.5/1 and spread money 5/1 on New Mexico State. And moneyline action is similarly tilted toward NMSU.

The total opened at 51.5, bottomed out at 51 Dec. 4 and reached its peak of 52.5 this morning. It's still at 52.5, with Ticket count is almost 3/1 and money 4/1 on the Over.

UPDATE 2:30 P.M. ET FRIDAY: New Mexico State is out to -3.5 (-115) at BetMGM. The Aggies opened -1.5 and made stops at -2.5/-3 before hitting -3.5 last Friday, then going to -3.5 (-115) on Wednesday.

Spread tickets are running almost 4/1 and spread money 5/1 on NMSU. The Aggies (10-4 SU/10-3-1 ATS) are among the top five spread-covering teams in the nation, including a current 8-1 ATS run. New Mexico State posted a shocking 31-10 win at Auburn catching 25.5 points in Week 12.

Fresno State is 8-4 SU, but just 4-8 ATS, including 1-7 ATS in its last eight games.

The total opened at 52.5 and quickly dipped to 50.5 on Dec. 4. That same day, it stabilized at 51.5, and it's currently 51.5 (Under -115). The Over is netting 60% of tickets/72% of money.

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

Make sure to use our BetMGM bonus code to claim your new bonus offer!

New Mexico Bowl Pick, Prediction

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

Don’t look now, but Jerry Kill is looking to build a bowl winning streak after losing his first five attempts.

New Mexico State went to the Quick Lane Bowl in 2022 with a desired landing spot in Albuquerque, but it took a year for the Aggies coaches and players to get their wish.

This has been an incredible season for New Mexico State, which covered 10 games on the schedule, leading to an appearance in the Conference USA Championship game.

Fresno State will enter hostile territory with linebacker coach Tim Skipper serving as head coach for Jeff Tedford. The Bulldogs defense doesn't have an answer for the Aggies' ground attack led by quarterback Diego Pavia.

Pick: New Mexico State -3.5

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.

New Mexico Bowl Betting Resources

  • Date: Saturday, December 16, 2023
  • TV-Time: ESPN, 5:45 p.m. ET
  • Venue: University Stadium
  • Location: Albuquerque, New Mexico

New Mexico Bowl History

The New Mexico bowl began in 2006 and the matchup currently features schools from the Mountain West and Conference USA. The game takes place at University Stadium from Albuquerque, New Mexico.

In its 12-year existence, bettors have watched the underdogs go 9-3 against the spread in this bowl and that includes six outright victories. The owner of the biggest upset was Wyoming, who defeated Fresno State 35-28 as a 10 ½-point underdog in 2006. This bowl has watched the ‘over’ cash in eight of the past 10 years. 

The 2013 installment is still talked about as the craziest New Mexico bowl ending as Colorado State pulled off an improbable comeback and captured a 48-45 win over Washington State. The Rams trailed by 15 with less than five minutes left in the game before closing with 18 unanswered points. Colorado State was unable to duplicate that success in 2017, dropping a 31-28 decision to Marshall.

The Mountain West came through with a pair of blowouts in 2018 and 2019 as Utah State destroyed North Texas in '18 and San Diego State rolled past Central Michigan in '19. Both the Aggies and Aztecs were favored in those games, marking the first time in New Mexico Bowl history that the chalk covered in back-to-back seasons.

Hawaii carried the banner for the Mountain West with a 28-14 victory over Houston, giving the conference three straight victories in the bowl. The win as 7-point underdogs snapped a two-game streak by favorites.

Fresno State posted a win for the Mountain West for the fourth consecutive season in the New Mexico Bowl, but UTEP of Conference USA ended up grabbing the cover in a 31-24 loss as 13-point underdogs. The total officially ended up 'over' at most shops, with a close of 54.5.

The 2023 installment watched Fresno State capture the bowl victory and it was the fourth consecutive New Mexico Bowl that saw the underdog cover the point-spread.

New Mexico Bowl Betting Results

YearMatchupSpread, TotalsATS Result
2023Fresno State 37 New Mexico State 10New Mexico State -3.5, 52.5Underdog-Under
2022BYU 24 SMU 23SMU -4.5, 65Underdog-Under
2021Fresno State 31 UTEP 24Fresno State -13.5, 54.5Underdog-Over
2020Hawaii 28 Houston 14Houston -7, 60.5Underdog-Under
2019San Diego State 48 Central Michigan 11San Diego State -3 ½, 41Favorite-Over
2018Utah State 52 North Texas 13Utah State -7, 67 ½Favorite-Under
2017Marshall 31 Colorado State 28Colorado State -3, 58 ½Underdog-Over
2016New Mexico 23 UT-San Antonio 20New Mexico -10, 54Underdog-Under
2015Arizona 45 New Mexico 37Arizona -8 ½, 65Underdog-Over
2014Utah State 21 Nevada 6Utah State -10, 45 ½Favorite-Under
2013Colorado State 48 Washington State 45Colorado State -4, 64 ½Underdog-Over
2012Arizona 49 Nevada 48Arizona -9, 80Underdog-Over
2011Temple 37 Wyoming 15Temple -7, 51Favorite-Over
2010BYU 52 UTEP 24UTEP -2, 52Underdog-Over
2009Wyoming 35 Fresno State 28 (2OT)Fresno State -10 ½, 54 ½Underdog-Over
2008Colorado State 40 Fresno State 35Fresno State -2 ½, 61Underdog-Over
2007New Mexico 23 Nevada 0New Mexico -2 ½, 57Favorite-Under
2006San Jose State 20 New Mexico 12New Mexico -3 ½, 48 ½Underdog-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