Redshirt
Matchup preview

Oregon vs USC

Oregon visit USC in Week 4. The model favors Oregon by 0.4. Win probability, the tale of the tape, and the all-time series, all from real data.

Win probability
51%
49%

Model win probability from SP+ ratings + home-field edge.

The read
Model analysis · August 26 · refreshed weekly

SP+ makes this a clear road-team edge: Oregon rates 29.2 (rank 2) against USC's 17.7 (rank 12), and the model projects Oregon by 9.1 with a 71% win probability. The market is more cautious, pricing USC at +5.5 and implying a 63% Oregon win chance, a 8-point gap in win probability and roughly 3.6 points of margin the model does not see in the line. The total sits at 58.5.

The unit ranks explain the separation. Oregon pairs the #1 offense with the #2 defense, while USC leans on a #6 offense dragged down by a #28 defense. That mismatch is the model's case for a wider number than the market posts, and the series reinforces it: Oregon holds a 5-1 edge and won the 2025 meeting 42-27.

Season-long context favors Oregon at every layer: 9.3 projected wins, 75.4% Playoff odds and a 12.5% title probability against a 10.3% market price. USC projects to 7.5 wins, 23.7% Playoff odds and 2% to win it all, richer than its 1.5% market title price. The read is consistent from single game to full season, with the market shading toward USC relative to the model.

The model likes Oregon harder than the market does, with the ratings gap, unit ranks and series all pointing the same way.

Matchup odds
Consensus line · 2 books
Spread
ORE -3
Total (O/U)
62.5
Favorite
ORE
Moneyline win probability (implied from the spread)
USC
43%

Real consensus line across 2 sportsbooks. Spread and total are the current market number; the win probabilities are implied from the spread.

Matchup odds price history
The market to win this game · daily prices, colored by the favorite
Oregon61%+33 ptsvsUSC39%-33 pts
0%25%50%75%100%Oregon favoredUSC favoredSep 13Sep 15Sep 17Sep 19Sep 21Sep 23

Real daily prices from the market to win this game, shown as Oregon's win price; USC's is 100 minus it (the same market's other side). Above the 50% line Oregon is favored, below it USC is, and each candle takes the favored team's color. Kalshi shows open-high-low-close candles (filled body closed up, hollow closed down). As of Sep 23.

Tale of the tape
Percentile vs FBS · 2025 stats, 2026 SP+
#5SP+SP+: Bill Connelly's tempo- and opponent-adjusted efficiency rating, expressed in points above average.#8
#4FPIFPI: ESPN's Football Power Index, an overall measure of team strength.#13
2071EloElo: a rating that rises or falls after each game based on the result and the quality of the opponent.1871
4.3%Title oddsDe-vigged consensus probability to win the national title, averaged across the prediction markets we track.1.6%
OregonUSCsolid = better, faded = trailing
What these metrics mean
SP+. SP+: Bill Connelly's tempo- and opponent-adjusted efficiency rating, expressed in points above average.
FPI. FPI: ESPN's Football Power Index, an overall measure of team strength.
Elo. Elo: a rating that rises or falls after each game based on the result and the quality of the opponent.
Title odds. De-vigged consensus probability to win the national title, averaged across the prediction markets we track.
Off PPA. PPA (Predicted Points Added): the average point value each play adds. Higher is better for offense, lower for defense.
Success. Success rate: the share of plays that stay on schedule (roughly 50% of needed yards on 1st down, 70% on 2nd, 100% on 3rd/4th). Higher is better.
Explosive. Explosiveness: the average value of a team's successful plays, i.e. how big its good plays are when they hit.
Yards/game. Total yards gained per game.
Success allowed. How often the defense allows an on-schedule play (enough yards for the down). Lower is better.
Havoc. Havoc rate: the share of plays where the defense makes a tackle for loss, forced fumble, interception, or pass breakup.
Yards allowed. Total yards allowed per game. Lower is better.
Efficiency profile
Percentile vs FBS · 2025
Recent series
Oregon lead 5-1
Oregon have won the last 4
20152025
Head to head
Every meeting in our records
2025
42-27
Oregon
at Oregon
2023
36-27
Oregon
at Oregon
2020
31-24
Oregon
at USC
2019
56-24
Oregon
at USC
2016
45-20
USC
at USC
2015
48-28
Oregon
at Oregon
More Week 4 matchups
Model previews for the rest of the slate
FAQ

Frequently asked questions

How do I trade the Oregon vs USC game?

Kalshi lists winner markets for college football games. Sign up with code FADE (trade $25, get up to $500), open the Oregon vs USC market when it posts, and buy YES on your side; the price in cents equals the market's implied win probability. You can sell before kickoff or settlement at the current price.

When do Oregon and USC play?

Week 4 of 2026, on Sep 26, 2026 at USC.

Who is favored?

The model projects Oregon by 0.4 (51% win probability), from SP+ ratings.

What is the all-time series?

Oregon lead 5-1 over the meetings in our records.

Full schedule → · Both teams' playoff odds, from 10,000 simulations →

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