SMU Mustangs Odds

SMU Mustangs Football 2025 Season Preview

The SMU Mustangs enter their second season in the ACC in 2025, and the spotlight is even brighter after an encouraging debut campaign in Power 4 football. Coming off a 9–4 record in 2024, including a respectable 5–3 mark in conference play, the Mustangs proved they belong at the table with the big boys.

Head coach Rhett Lashlee continues to build a program that’s dangerous on offense and fast on defense. The Mustangs return key playmakers, including quarterback Preston Stone, who rebounded from a late-season injury in 2023 and flashed elite potential throughout 2024. SMU’s high-powered, up-tempo offense remains its calling card, but the defense — led by linebacker Ahmad Walker and edge rusher Isaiah Smith — has made noticeable strides.

SMU's 2025 schedule includes marquee games against Florida State, Miami, and Louisville, but the Mustangs avoid both Clemson and North Carolina, giving them a real path to challenge for an ACC title berth. Their win total opens at 8.5, and with the right breaks, double-digit wins are on the table again. 

SMU Mustangs Point Spreads

"Covering the spread" is a reference to a spread bet, which is a bet on how much a team will win the game by.

Here’s how a Mustangs spread might look:

• SMU +6.5 (-110)
• Florida State -6.5 (-110)

If the Mustangs win 24-21, they’re winners ATS, since they need to win or lose by six points or less to cash spread tickets. Florida State, on the other hand, can cover with a win of seven or more points.

SMU Mustangs Over/Unders

SMU has been in some high-scoring matchups in recent years.

Oddsmakers set the total at how many points they think will be scored, so it could be 57 for a game against Nevada, for example. If you took the under, a 28-20 final means your bet pays off no matter who wins the game. If you bet over, you’d need there to be at least 57 points scored between the two teams. Ties on the bet are possible, and they result in refunds.

SMU Mustangs Moneylines

Moneyline odds take into account how likely a team is to win the game and adjust payouts accordingly, a winning record doesn’t always mean a profit.

SMU defeating Stanford as a -400 favorite is fine, but a $40 bet pays out just $10. If you’re able to catch the Mustangs as a +400 underdog, though, a $10 bet on them profits $40. These bets are simplest to understand with $10 or $100 as a unit, but the math is the same regardless.

SMU Mustangs Props

Player props are bets on the stats put up by a player for a single game. You could bet on players' rushing or passing stats.

SMU Mustangs Futures

SMU is in a new conference but could make a splash across a relatively-easy schedule. If you think they’re going to win the conference, you can put your money down on a futures bet.

Futures are wagers that settle at the end of the season, and besides odds to win the conference, popular futures bets include players' odds to win certain end-of-season awards or over/unders on team wins throughout the year.