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The under stands out because both teams have data points that point in the same direction. New Mexico has been surprisingly stingy defensively, giving up just 14 total points across two games and producing elite early yards-per-play defense. Oklahoma has been more efficient on offense than New Mexico, but the Sooners have also allowed solid front-seven production against them, and their own scoring profile has not been so extreme that it forces a shootout on its own. If Oklahoma gets ahead early, the game script can also reduce pace and limit late possessions. From a bettor's view, the market may be leaning too heavily on Oklahoma's brand and home field while not giving enough credit to New Mexico's early defensive numbers. Oklahoma should still control field position, run efficiency, and overall possession quality, but that does not automatically translate into a big number on the scoreboard. A cleaner win for the home team is more likely than an all-out scoring burst, which gives the total the better value than the side.
Oklahoma comes in with the better overall offensive résumé, averaging 30.5 points per game, 345.0 total yards per game, and 210.0 passing yards per game. The Sooners have also held opponents to 8.5 points per game and 3.8 yards per play allowed, which suggests a solid two-way profile even if the sample is still small. Their run game has been steady at 135.0 rushing yards per game, giving them enough balance to control this type of game. New Mexico has been one of the more surprising early teams on the defensive side, allowing only 7.0 points per game and 152.0 total yards per game. The Lobos have also given up just 2.9 yards per play, and they have been effective enough offensively to average 54.0 points per game through two games, driven by 246.0 rushing yards per game. The question is whether that production holds against a stronger opponent; this matchup is a much tougher test for both efficiency and finishing drives.
Oklahoma should win at home, but the best betting angle is the under because New Mexico's defense has been much better than expected and Oklahoma has enough control to win without forcing a track meet. The projected final score is Oklahoma Sooners 31, New Mexico Lobos 13, which reflects a game dominated by the Sooners without producing a total that matches the market's higher expectation.