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CFB · Week 2 · Sat, Sep 12 · 6:00 PM ET · Albertsons Stadium · FINAL Memphis 20, Boise State 38

Memphis at Boise State. Lean: Memphis +8.5. Lean: Over 54.5.

The call

Lean L Spread
Memphis +8.5
Ace backs this callStack backs this callBuck backs this call 3 of 3
locked Thu 1:06pm ET
locked +8.5 · closed +9.5
Memphis 20, Boise State 38
Called under the rule in force that week.
Lean W Total
Over 54.5
Ace backs this callStack backs this callBuck backs this call 3 of 3
Called under the rule in force that week.

The panelists

Ace backs this call
The fox
SpreadMemphis +9.5
TotalOver 54.5
Read Ace's full case

Spread.EL makes Boise -6, a 3.5-point disagreement, but its poor ATS validation prevents treating that difference as established value. Boise deserves favoritism after competing at Oregon; the dossier's move from DraftKings -6.5 to -8.5 already charges buyers for that performance. Memphis offers enough offensive balance to keep a nine-point cushion relevant: its latest game produced more than 500 yards, with Carter and Covey both topping 100 rushing yards. The counterargument is substantial: Memphis benefited from four defensive interceptions, and a rebuilt team under Charles Huff now faces a tougher road assignment. Those takeaways should not be projected forward. Nevertheless, the enlarged spread asks Boise to separate convincingly against an offense that has already won away from home. I prefer the points, with restrained confidence because official availability and reliable betting splits remain unverified.

Total.Take over 54.5, available in the September 10 FanDuel Research quote and Covers' current comparison. EL's 54.75 provides essentially no edge. The over case rests on Memphis's demonstrated rushing production and Stokes throwing two touchdowns in each start, plus Boise scoring 27 at Oregon. Warm conditions do not supply a strong weather-based under argument. The under deserves respect: Memphis's rushing emphasis can shorten possessions, its four takeaways last week are unlikely to repeat, and the dossier shows several totals declining from 55.5. Madsen also completed only 15 of 29 passes at Oregon. Ultimately, 54.5 requires a relatively modest scoring contribution from Memphis if Boise performs like the favorite the market expects. This is a small lean, with tempo and complete availability unverified.

Where our number looks wrong.The Memphis first_year_head_coach=false input is demonstrably incorrect: Charles Huff is in his first Memphis season. Its previous-season scoring assumptions therefore deserve less weight. Margin-only updates also cannot separate Memphis's four-interception assistance from repeatable performance. Boise's flat 2.5-point home advantage may understate this venue, but I cannot quantify that adjustment. The -6 projection is not a validated fair price.

Stack backs this call
The bull
SpreadMemphis +8.5
TotalOver 54.5
Read Stack's full case

Spread.What moves me is the shape of the move. A cover as a four-touchdown dog is the most over-extrapolated result in college football, and the market has repriced two full points off it. Memphis is sturdier than its anonymity suggests: 48 carries for 335 yards (7.0 per carry) against Arkansas State, Jaylin Carter at 8.2 per carry, a portal-built front in Elijah Kinsler and J'Mond Tapp. Maddux Madsen is 0-4 against Power Four defenses with 2 touchdowns and 9 interceptions. I want the points at +8.5 rather than the favorite at a re-rated number.

Total.Our totals model says 54.75 against a 54.5 market, which is no gap at all. But one of its inputs is wrong: it docked 1.93 points for a captured 9.8 mph wind, and the National Weather Service forecast for Boise on Saturday is east wind 5 to 8 mph, sunny, high near 87F, no rain until after midnight. Correct that input and our number is roughly 56.7. The pricing agrees. Memphis gave up big plays in the secondary to both UNLV and Arkansas State; Boise's Rasean Jones averaged 19.0 yards a catch in Week 1. The under case is real, since Memphis ran 48 times against Arkansas State, but weather and price both point up.

Where our number looks wrong.Two places, and both cut against the side I am taking. First, the in-season v1 refit has already handed Boise State a 5.49 rating off one game, a seven-point loss at Oregon, while Memphis sits at 2.50 after two wins. One close loss to a top-two team is thin evidence to re-rate on, and the refit is blind to the fact that Boise replaced both coordinators while Memphis returns 5.6% of its production with 20 of 22 starters new, which cuts both directions and the rating resolves neither. Second, the flat 2.5-point home field is too small here: a Pac-12 home debut in a rebuilt stadium on national TV is a stronger venue than the league-average stadium the model assumes, which argues the true number is nearer the market's -8.5 than our -6. That is precisely why this is a 58 and not a bet at size. The model also reads no injuries at all, so Jacob Tracy's season-ending loss at right tackle is invisible to it.

Buck backs this call
The bear
SpreadMemphis +8.5
TotalOver 54.5
Read Buck's full case

Spread.I'm not blindly following the model's -6 (it has no proven ATS edge across 9,927 holdout games and can't see Week 1 tape or injuries), but the market's repricing deserves scrutiny too. Boise's redshirt-freshman RT Jacob Tracy is out for the season, thinning a line that has to handle a Memphis front that generated six sacks in its opener. Memphis is 2-0, but its own coach flagged defensive inconsistency and QB Marcus Stokes threw two picks last week; neither program carries a confirmed injury on today's official report.

Total.What tips me is the reported market split: the Over 54.5 carries roughly 83% of ticket cash against only about 40% of ticket count, a real sharp-money skew (sportsbettingdime.com Week 2 public betting report, 9/10/2026). Both offenses have looked functional: Memphis is averaging 34.5 points per game through two games, and Boise scored 27 on a very good Oregon defense in its opener. Neither team carries a confirmed skill-position injury as of today. The NWS forecast for kickoff (high near 86F, wind light and variable becoming south 5-7 mph) is a non-factor for scoring; the 40% storm chance in the forecast doesn't arrive until after midnight, well past the final whistle.

Where our number looks wrong.My lean toward Memphis is a market-price judgment (the number moved further than the news alone explains), not a case of trusting our model's -6 over the market's -9.

The call, written up

On the spread

The market opened Boise -6.5 at DraftKings and has moved to -8.5 to -9.5 across five books, with the main new information since open being Boise's 34-27 loss at Oregon as a 24.5-point underdog. Boise's redshirt freshman right tackle Jacob Tracy is out for the season, and the program lost both coordinators after 2025. Memphis is 2-0, but the coaching staff has flagged defensive inconsistency and Marcus Stokes threw two interceptions last week under first-year coach Charles Huff, who brought in more than 70 transfers. All three panels took the points. Take Memphis +8.5 at DraftKings, FanDuel or BetMGM.

On the total

Over 54.5. The total opened 55.5 and has settled at 54.5 to 55, with the over juiced at every major book and carrying roughly 83 percent of ticket money on about 40 percent of ticket count. The NWS forecast calls for a sunny, hot day with light wind and no rain before kickoff. Memphis is averaging 34.5 points through two games and Boise scored 27 on Oregon's defense. The under case rests on Memphis's heavy rushing day and Boise's run-heavy backfield.

How to read this page

The calls come first on this page: the spread and the total, each a Pick or a Lean, then Ace, Stack and Buck one by one. The market's number, our number and the gap between them sit further down as MODEL CONTEXT: that is the input our analyst panel argued from, not a call of its own.

The signals and the market

4 independent signals on this game. The tally per side, every angle with its sample size, and the line movement from open to now open with membership. They are research context, never a pick. Membership

Model context

The numbers the panel argued from. Our models price a game, the panel makes the call, and the calls above are the call. Nothing in this block is a call.

Locked line
Memphis +8.5 · Boise State -8.5
the spread we locked at, it does not move
Our model number
Boise State by 14.1
the calibrated EL CFB rating number
Spread gap
4.6 points
the distance between our model number and the market. Context for the panel, not a call of its own.
Market total
55.5
market total at the model run, Sep 12, 12:38 PM ET
Our total
55.9
EL CFB Totals
Total gap
+0.4
the distance between our model total and the market total. Context for the panel, not a call of its own.

The totals number is a registered candidate that loses to the closing total: across 2,264 held out games it missed the combined score by 12.862 points on average and the closing total missed by 12.635, ahead of us in all 3 of those seasons, so it never posts to the board and never enters the record on its own.

The write-up

The case

The market opened Boise -6.5 at DraftKings and has moved to -8.5 to -9.5 across five books, with the main new information since open being Boise's 34-27 loss at Oregon as a 24.5-point underdog. Boise's redshirt freshman right tackle Jacob Tracy is out for the season, and the program lost both coordinators after 2025. Memphis is 2-0, but the coaching staff has flagged defensive inconsistency and Marcus Stokes threw two interceptions last week under first-year coach Charles Huff, who brought in more than 70 transfers. All three panels took the points. Take Memphis +8.5 at DraftKings, FanDuel or BetMGM.

The total: Over 54.5 (Lean)

Over 54.5. The total opened 55.5 and has settled at 54.5 to 55, with the over juiced at every major book and carrying roughly 83 percent of ticket money on about 40 percent of ticket count. The NWS forecast calls for a sunny, hot day with light wind and no rain before kickoff. Memphis is averaging 34.5 points through two games and Boise scored 27 on Oregon's defense. The under case rests on Memphis's heavy rushing day and Boise's run-heavy backfield.

written before kickoff, frozen at kickoff

Trends and splits

Descriptive context, every line with the games it counts. Filters like these did not hold up as predictors in our testing, so none of this feeds a call and none of it is a reason a pick wins. Situational splits look back 3 seasons and need at least 8 decided games to be shown at all. Records against the number and on the total join these once our closing-line history is restored; the straight-up splits are live now.

Memphis
  • won 2 of their last 5 (n=5, 2025 to 2026)
  • 13-2 straight up in night games (n=15, 2024 to 2026)
Boise State
  • won 3 of their last 5 (n=5, 2025 to 2026)
  • 11-0 straight up in home night games (n=11, 2024 to 2025)
Over and under splits
  • Early-season total of 55.0 fits the validated under window, unders 55% historically (n=943)
    total · under · moderate · n=943
    H64 (validated): Aug through mid-Sep games with a closing total of 47+ landed under 55% of 943 games, 2015-2025. Recent seasons: 2022: 58% (n=92) · 2023: 53% (n=81) · 2024: 57% (n=103) · 2025: 52% (n=119). 2025 ran soft at 52.1%, below the -110 breakeven, and the 2026 forward test is pre-committed on the early-totals page. Early-season totals are shaded up by public over-action; the market corrects as real form data arrives.
  • Boise State have gone UNDER in 7 of their last 10
    total · under · lean · n=10
    Boise State's last 10 gradable games landed under 70% vs the consensus total. Streak continuation tested 2013-2025: 49.5% train / 46.4% held-out 2025, it does NOT persist. A real recent pattern, weigh with the matchup, not alone.
The rest of the splits we can compute on this game
Memphis
  • won 5 of their last 10 (n=10, 2025 to 2026)
  • 12-2 straight up at home (n=14, 2024 to 2026)
  • 7-2 straight up in home night games (n=9, 2024 to 2026)
  • 7-2 straight up in night divisional games (n=9, 2024 to 2025)
  • 6-2 straight up in home divisional games (n=8, 2024 to 2025)
  • 7-4 straight up on the road (n=11, 2024 to 2026)
  • 10-6 straight up in divisional games (n=16, 2024 to 2025)
  • 8-5 straight up in day games (n=13, 2024 to 2025)
Boise State
  • won 6 of their last 10 (n=10, 2025 to 2026)
  • 13-1 straight up at home (n=14, 2024 to 2025)
  • 12-1 straight up in night divisional games (n=13, 2024 to 2025)
  • 14-2 straight up in divisional games (n=16, 2024 to 2025)
  • 7-1 straight up in home divisional games (n=8, 2024 to 2025)
  • 7-1 straight up in road divisional games (n=8, 2024 to 2025)
  • 17-4 straight up in night games (n=21, 2024 to 2025)
  • 6-2 straight up in road night games (n=8, 2024 to 2025)
  • 5-3 straight up after a straight up loss (n=8, 2024 to 2026)
  • 8-5 straight up on the road (n=13, 2024 to 2026)
  • 4-4 straight up in day games (n=8, 2024 to 2026)

Conditions at kickoff

Partially cloudy. 86F · wind 4 mph

The ratings underneath, and where the numbers come from

The two numbers underneath

TeamEL ratingConference
Memphis 1.284 American Athletic
Boise State 11.012 Pac-12

Our number includes about 2.5 points of home field. Full board: the power ratings.

Where the numbers come from. Schedules and finals come from the league data we load each night. Lines are the latest capture at DraftKings, FanDuel or BetMGM, with the book named beside every number. Every Pick locks when it posts and grades at that number on the public record. Our number is context; the panel makes the call. Research, never a guarantee. 21+.