// CFB · September 4, 2026

Toledo vs Michigan St prediction & odds

9/4 - 8:00 PM EDT · Spartan Stadium · TOL 0-0 — MSU 0-0 · lines via DraftKings

The prices

MarketTOLMSU
Moneyline+320-410
Run line+10
Total 46.5Over -115Under -105

Toledo vs Michigan St prediction

Market-implied pickWin chanceProjected score
Michigan St77% Michigan St 28, Toledo 18

Strip the book's cut out and the market calls this a clear Michigan St favorite. The question is not who wins but whether -410 is worth paying for it — see the break-even row below. On the total, the under is the cheaper side of 46.5 at the posted prices. The projected score is the posted total split by the spread — the market's own expected margin, not a model of ours. Our own side on this game, if we take one, goes out in the newsletter before kickoff.

What the market really thinks

TOLMSU
Win chance (no-vig)22.8%77.2%
Break-even at the price23.8%80.4%

Both posted prices together imply more than 100% — that surplus (4.2% here) is what the book keeps. Strip it out and the market makes this TOL 22.8%, MSU 77.2%. The break-even row is the win rate you'd need at the posted price just to tread water — the gap between the two rows is the cost of the bet.

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