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Longhorns 2023 Schedule & Betting Odds
Texas Longhorns Odds: Betting Types, Stats & Longhorns Schedule
Year 1 of the Steve Sarkisian experiment begins in Austin this season after a 6-3 campaign in the 2020 season saw former head coach Tom Herman unceremoniously kicked to the curb. Expectations are high as always in the Lone Star State, but Sarkisian will have an uphill climb with a team that underperformed against the spread and needs to upend an Oklahoma team that has dominated the Big 12 in recent years.
Keep reading for all the information gamblers need on the Texas Longhorns schedule, injuries, point spreads, player props and more.
Texas Longhorns Point Spreads
College football bettors have to know the details on the point spread bet, which is the single most popular type of wager in college football. Point spreads refer to the margin of victory that a favored team must overcome and the underdog must strive to maintain. After a 3-5-1 season against the spread (ATS) in 2020, Longhorns fans will be hoping for a more profitable 2021.
This example of a point spread should make things clear:
- Oklahoma Sooners (+2.5)
- Texas Longhorns (-2.5)
In the hypothetical game above, Texas is the favored team, as noted by the minus sign (-) next to its point spread; Oklahoma is the underdog, as noted by the plus sign (+). As 2.5-point favorites, Texas bettors would need to see the Longhorns win by three points or more for their bet to cash. Bets on Oklahoma would be winners if the Sooners won the game outright or lost by just a point or two.
For bettors who don’t want the hassle of rooting for a team to win by a certain number, moneyline bets are straight-up wagers on which team will win the game. Like point spreads, the favorite is denoted by a minus sign (-) and the underdog a plus (+).
Reusing our example from earlier:
- Oklahoma Sooners +110
- Texas Longhorns -130
The numbers next to the +/- signs are the odds expressed in American format, which is best read as a math question where $100 is the answer. As -130 favorites, a bet on the Longhorns would require a $130 risk to win $100. As +110 underdogs, a $100 bet on the Sooners would win $110 if Oklahoma was to win.
Texas Longhorns Over/Unders aka Totals
Betting on the result of the game or margin of victory aren’t the only ways to bet on Texas football games: Betting the over/under, sometimes called a total, is a wager on the combined number of points the two teams will score.
Let's say oddsmakers set the total for the Red River Rivalry game at 66 points. Bettors who took the over would need to see 67 or more points to cash their tickets, whereas those who bet the under would want 65 points or fewer. If the two teams scored a total of 66 points exactly, all bets would be refunded.
TX Longhorns Props
Bets that don’t fall neatly into the buckets mentioned above — moneylines, point spreads, and totals — are often referred to as prop bets.
Prop bets can mostly be split into two categories. Player props are bets on a specific player's statistical output throughout the game. Examples of common player props would be: RB Bijan Robinson to finish with over or under a certain amount of rushing yards, QB Casey Thompson to throw for a touchdown, or a bet on WRs Troy Omeire and Joshua Moore to combine for a certain number of receiving yards.
Other prop bets are most often made on specific events throughout the game. Common examples include betting on which team will reach 21 points first, wagering on whether the first kickoff of the game will be a touchback, or taking heads or tails on the opening coin toss. Since props on offer vary from book to book, make sure to read The Action Network's sportsbook reviews to find the shop that’s right for you.
Texas Longhorns Futures
If you’re someone who thinks this is the year Texas is Back with a capital "B," why not place a future bet on them to win the Big 12?
Futures are a type of bet in which the outcome won’t be determined until after the season. Futures can be bets on a team’s overall performance throughout the season — for example, betting the Longhorns to go over their season win total or to qualify for the College Football Playoff.
But futures can also be bet on a player’s performance, both in terms of player props — betting Casey Thompson to throw for over his passing touchdowns total, for example — and end-of-season awards, like winning the Maxwell or Heisman award.
The odds sportsbooks use for futures can change at the drop of a hat, so stay up to date with the latest news and shop for the best line with the Action Network app.