"E" means the game was rated even
| Bowl | Favorite | Underdog |
|---|---|---|
| California Rasin | San Jose State 48 | Central Michigan 24 |
| Independence | Louisiana Tech 34 | Maryland 34 |
| Aloha | Syracuse 28 | Arizona 0 |
| Liberty | Ohio State 11 | Air Force 23 |
| All American | Southern Mississippi 27 | North Carolina State 31 |
| Holiday | Brigham Young 14 | Texas A&M 65 |
| Freedom | Oregon 31 | Colorado State 32 |
| Peach | Auburn 27 | Indiana 23 |
| Blockbuster | Florida State 24 | Penn State 17 |
| John Hancock | Michigan State 17 | Southern California 16 |
| Copper | California 17 | Wyoming 15 |
| Gator | Michigan 35 | Mississippi 3 |
| Hall of Fame | Clemson 30 | Illinois 0 |
| Cotton | Miami (Fla.) 46 | Texas 3 |
| Citrus ** | Nebraska 21 | Georgia Tech 45 |
| Fiesta | Alabama 7 | Louisville 34 |
| Rose ** | Washington 46 | Iowa 34 |
| Sugar | Tennessee 23 | Virginia 22 |
| Orange (E) | Notre Dame 9 | Colorado 10 |