Oregon football may not have covered the spread against James Madison, but they certainly could have. That’s just part of the ups and downs with sports betting. This is by far the CFP quarterfinal game with the closest point spread. If it remains at 1.5, it’s basically a pick ‘em. Oregon is favored, but not by enough to give a meaningful spread.

College Football Playoff odds, picks, predictions, TV channel, streaming for Texas Tech Red Raiders vs Oregon Ducks CFP game Thursday, Jan. 1, 2026.

The No. 5 Oregon Ducks earned their first College Football Playoff win since 2014 with a 54-31 victory over the No. 12 James Madison Dukes in the first round. I

Oregon beat James Madison 51-34 in the first round of the College Football Playoffs, advancing the Ducks to the Orange Bowl behind Dante Moore's strong showing.

Oregon QB Dante Moore is projected to go near the top of the 2026 NFL draft. Texas Tech football will try to knock him off track in the Orange Bowl.

James Madison looked outmatched in the first half of its game vs. Oregon, and fans want that to be the death knell for the G5 in the CFP.

The Oregon football team defeated JMU in the CFP first round at Autzen Stadium, setting up a quarterfinal showdown with Texas Tech.

Oregon football head coach Dan Lanning attacked the College Football Playoff format and thought Texas Tech should be hosting the game.

Now that Texas Tech football and Oregon know their Orange Bowl foe, Joey McGuire and Dan Lanning drill down on the assignment.

For the first time in a while, the Texas Tech football team is considered an underdog against Oregon in the CFP quarterfinals. That's not a bad thing.